The decentralized exchange (DEX) PancakeSwap has shattered its previous monthly trading volume record, processing $325 billion** in June 2025. This milestone solidifies PancakeSwap’s position as the **largest DEX by 30-day trade volume**, with a **total value locked (TVL)** nearing **$1.8 billion (DeFiLlama).
Key Highlights:
- June 2025 volume: $325B (2× May’s $173B).
- Q2 2025 volume: $529B (up 158% from Q1’s $205.3B).
- Lifetime volume: Over $1.8T across supported chains.
- Q2 unique users: 7.4M.
Chef Kids, Head Chef of PancakeSwap, attributed this growth to community support and global user confidence.
Growth Drivers
1. Infrastructure Upgrades
- PancakeSwap Infinity (April 2025): Lower gas fees, customizable ‘hooks,’ and new pool types (LBAMM/CLAMM).
- Cross-Chain Swaps (June 2025): Seamless trading across BNB Chain, Ethereum, and Arbitrum without bridges.
2. Ecosystem Momentum
- BNB Chain: $356B Q2 volume (leader).
- Ethereum L2s: $30B (Base), $25B (Arbitrum), $21B (Ethereum mainnet).
- Solana: Recent v3 liquidity pools launched for cheaper trades/higher yields.
👉 Explore PancakeSwap’s cross-chain features
Token Performance
- CAKE: +5.5% (24h), +10% (7d).
- Market cap: $760M.
FAQ
Q: What chains does PancakeSwap support?
A: BNB Chain, Ethereum, Arbitrum, Base, and Solana.
Q: How does PancakeSwap reduce gas fees?
A: Via Infinity’s optimized hooks and v3 pool architecture.
Q: Is PancakeSwap’s volume sustainable?
A: Cross-chain adoption and new features suggest continued growth.
👉 Dive deeper into DEX analytics
Data sources: DeFiLlama, Dune Analytics.
### SEO Notes:
- **Keywords**: DEX, PancakeSwap, cross-chain swaps, CAKE token, BNB Chain, liquidity pools.