13.02.2025 05:30
**PancakeSwap Breaks Records, Outpacing Uniswap in DeFi Arena**
Data from Defillama reveals PancakeSwap's staggering ascent, amassing a colossal $30.28 billion in 24-hour trading volume on February 13th. This meteoric performance eclipses Uniswap's volume, solidifying PancakeSwap's dominance in the flourishing DeFi market. The exchange's weekly trading volume reached a staggering $212.07 billion, cementing its global supremacy.
Binance CEO Changpeng Zhao (CZ) has acknowledged PancakeSwap's triumph, emphasizing the platform's focus on its own evolution rather than competing with rivals. This strategic approach underscores the company's determination to cement PancakeSwap's position within the cryptocurrency realm.
As the cryptocurrency market matures, PancakeSwap's achievements are likely to set an industry standard for future decentralized exchanges, paving the way for innovation and continued growth within the DeFi ecosystem.