PancakeSwap V2 appears to be like to have turn out to be the main dApp on BNB Chain, after recording a weekly volume of 6.1 billion dollars.
Summary
PancakeSwap V2: leader of dApps on BNB Chain with 6.1 billion dollars of weekly volume
In step with what used to be reported five days within the past, an analysis by Phoenix measured the weekly volume of dApps on BNB Chain, noting that the leader is PancakeSwap V2.
Basically, interestingly Model 2 of the DEX has recorded 6.1 billion dollars in volume over seven days.
Even Model 3 of PancakeSwap appears to be like to be no much less. Basically, PancakeSwap V3 recorded 2.63 billion dollars in weekly trading, placing itself in 2d recount within the ranking of dApps on BNB Chain.
The rostrum concludes with Jumper Alternate, with a weekly volume of 482.46 million dollars.
Amongst the a total lot of dApps on BNB Chain with mighty volumes, there are furthermore Venus Protocol, with 459.26 million dollars in weekly trading volume, 0x with $169.26 million, and 1inch with $103.51 million.
PancakeSwap leader on BNB Chain: the volumes of DEX on DefiLama
Having a undercover agent as a replace at the volumes reported on DefiLama, PancakeSwap stays the DEX leader of the BNB Chain with a Complete Price Locked of 1.58 billion dollars.
On the time of writing, the ranking then sees Uniswap and DODO with respectively 29.79 million dollars and 10.64 million dollars of TVL.
Yet the weekly volumes are diverse. While the leader stays PancakeSwap with 4.25 billion dollars of weekly volumes, DODO has surpassed Uniswap. Basically, the liquidity protocol recorded 312.94 million dollars towards 259.6 million dollars of Uniswap.
While these numbers are reported, the self-discipline is now now not as rosy because it appears to be like. In frequent, truly, the weekly trading volumes of the three major DEX on BNB Chain are declining.
PancakeSwap is in a weekly volume dump of -25.28%, Uniswap of -22.35%, and DODO of -15.44%.
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The value of BNB
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The value of BNB appears to be like to apply a frequent decline within the crypto market. Basically, at the time of writing, BNB is value $565, in a dump of -3% within the final 24 hours.
On the opposite hand, this drop offsets the bullish of BNB within the final seven days, when it reached 583$ the old day.
The fourth crypto by market capitalization has been fluctuating all through the sizzling model since final March 2024, beginning from a low of $260 in January and managing to reach $700 final June.
