PancakeSwap (CAKE) Shows Potential Growth in Revenue and Trading Volume on Binance Smart Chain
2025-07-08 14:47:14
Main Idea
PancakeSwap (CAKE) dominates Binance Smart Chain revenue with a 64% share, achieving record trading volumes and expanding cross-chain liquidity pools to strengthen its position in DeFi.
Key Points
1. PancakeSwap generates 64% of fee revenue on Binance Smart Chain (BSC), with a monthly trading volume peak of $152 billion in June 2025.
2. The launch of PancakeSwap Infinity in April improved gas efficiency and boosted quarterly trading volume to $281 billion in Q2 from $211 billion in Q1.
3. PancakeSwap expanded to Solana with v3 liquidity pools, supporting tokens like BONK, PYUSD, and EURC, enhancing cross-chain opportunities.
4. CAKE token is priced at $2.27, with technical indicators suggesting potential corrections or breakouts based on key price levels.
5. Coinbase listed CAKE as an ERC-20 token in June, increasing accessibility and validating PancakeSwap's market position.
Description
PancakeSwap solidifies its dominance on Binance Smart Chain by generating over 64% of the protocol revenue, marking a significant milestone in decentralized finance. The platform’s recent upgrades, including PancakeSwap Infinity
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