PancakeSwap Trading Volume Soars to Record High in May
CryptoNewsTerminal Staff05 Jun, 2024
PancakeSwap Trading Volume Soars to Record High in May
PancakeSwap, the leading decentralized exchange (DEX) on Binance Smart Chain (BSC), has achieved a significant milestone by recording its highest monthly trading volume ever in May. According to an official tweet from the exchange, PancakeSwap's trading volume reached an impressive $1.19 billion last month, surpassing its previous record of $467 million set in April. This surge represents a substantial increase of over 150%. The remarkable growth in trading volume highlights the increasing popularity and adoption of PancakeSwap among cryptocurrency users. The platform offers a user-friendly interface, low transaction fees, and a wide range of trading pairs, making it an attractive destination for traders and investors.
