- Pancakeswap tops Dex Rankings with $ 14B weekly volume, surpassing Uniswap.
- Raydium leads on short -term price gains despite Pancakeswap’s trade volume dominance.
According to a new one analysis By Ambcrypto, PancakeSwap V3 has risen at the forefront in the decentralized exchange landscape in May 2025.
Although it already leads the list of the top 12 Dexes globally, what really turns its heads is its huge weekly trade volume and exceeds $ 14 billion.
PancakakeSwap tops the Dex -Diagram
This impressive performance has fixed PancakeSwap as the world’s leading Dex, which reflects growing user commitment and a strong force in decentralized trading activity.
Source: Cryptorank.io/x
In the case of trading activity, PancakeSwap registered a 58.04% weekly power, according to Coinmarketcap.
Riding this wave of speed, pancakes, native to Binance (BNB) The chain now accounts for 29.18% of the total DEX trading activity, with an astonishing $ 14,168 billion in weekly volume and a daily TVL of $ 1.67 billion.
This wave has driven it in front of Ethereum (ETH)-Baled Uniswap, which, despite retaining a higher TVL of $ 3.93 billion, has witnessed a dramatic decline of 50.56% in weekly and falls to $ 8,611 billion in volume.
What led to this flip?
This increase can be attributed to a combination of favorable factors, including the lower transaction costs of the GNB chain, faster settlement times and a seamless user experience.
Its power in trading volume has also been driven by growing enthusiasm around Memecoins, native of the BNB chain.
Source: Alva/x
This shows that while other platforms like Raydium (Ray) have foughtDespite the previously causal feeling, Pancakeswap has used varying market trends and cemented its dominance in the Defi ecosystem when Altcoin Momentum builds.
Impact on the prices of token
Despite Pancakeswap’s latest dominance in trading volume, the latest price movements paint a different image.
In the case of short -term gains, Raydium seems to take the lead, Postage A strong increase of 5.46% to reach $ 3.54.
Undermine followed with a 0.90% uptake, giving the price to $ 6.46, while PancakakeSwap Slips Something with a modest 0.15% increase to $ 2.46.
This reversal in Momentum highlights the changing dynamic of the Dex landscape, which indicates that while trading activity is an indicator of performance, the price measures continue to reflect changed investors’ feelings and market conditions.
