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Data: PancakeSwap Q2 volume exceeded 53 billion USD, with a record monthly trading volume.
CoinVoice has recently learned from Cointelegraph that PancakeSwap's volume in the second quarter of 2025 reached $53 billion, a rise of over 150% compared to the previous quarter, with June's single-month volume of $32.5 billion setting a new five-year high for the platform. The core growth drivers come from four major upgrades:
The cross-chain exchange function is now online, supporting direct trading on BNB Chain, Ethereum, and Arbitrum; PancakeSwap Infinity upgrade reduces Gas fees and opens Hooks for custom liquidity pools; introduces concentrated liquidity market makers (CLAMM/LBAMM) to enhance capital efficiency; launching Solana chain V3 liquidity pool deployment on July 1.
Currently, 96.7% of the volume on the platform is concentrated on the BNB Chain (June market share 96.8%), while the share on the Ethereum chain is only 0.3%. DefiLlama data shows that its 30-day trading volume of 153 billion USD ranks first among DEXs, surpassing Uniswap's 83.4 billion USD during the same period.