PancakeSwap V3 Volume Topped $100B, Surpasses Rival DEXes

IconCryptoNewsTerminal Staff27 May, 2024

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PancakeSwap V3 Volume Topped $100B, Surpasses Rival DEXes

PancakeSwap's V3 has recorded a total trading volume of over $100 billion, according to data from X. The volume surpasses that of rival decentralized exchanges like Uniswap and SushiSwap. PancakeSwap V3 was launched on September 29th and introduced new features such as concentrated liquidity, reduced fees, and improved capital efficiency.