PancakeSwap V2 at the top of dApps on BNB Chain for weekly volume

PancakeSwap V2 seems to have change into the main dApp on BNB Chain, after registering a weekly quantity of $6.1 billion.

PancakeSwap V2: Chief of dApps on BNB Chain with weekly quantity of $6.1 billion

In accordance with what was reported 5 days in the past, a Phoenix evaluation measured the weekly quantity of dApps BNB chainand notes that the chief is PancakeSwap V2.

In reality plainly Model 2 of the DEX has recorded $6.1 billion in quantity over seven days.

Even model 3 of PancakeSwap does not appear to be any worse. In actuality, PancakeSwap V3 recorded $2.63 billion in weekly buying and sellinginserting itself second within the dApps rankings on BNB Chain.

The stage ends with Jumper tradeinstantly weekly quantity of $482.46 million.

Among the many different dApps on BNB Chain with giant volumes are additionally there Venus Protocol, with a weekly buying and selling quantity of $459.26 million, 0x with $169.26 million, and 1 inch with $103.51 million.

PancakeSwap chief on BNB Chain: DEX’s volumes on DefiLama

If we glance as an alternative on the volumes reported on DefiLama, PancakeSwap stays the DEX chief of the BNB chain with a complete worth of $1.58 billion.

On the time of writing, that is what the rankings appear like Uniswap and DODO with $29.79 million and $10.64 million in TVL, respectively.

But the weekly volumes are totally different. Whereas the chief stays PancakeSwap with $4.25 billion in weekly volumes has surpassed DODO Uniswap. In reality, the liquidity protocol recorded $312.94 million in opposition to Uniswap’s $259.6 million.

Though these figures are reported, the state of affairs just isn’t as rosy because it appears. Basically, in truth, weekly buying and selling volumes of the three main DEX on BNB Chain are declining.

PancakeSwap is in a weekly quantity dump of -25.28%, Uniswap of -22.35% and DODO of -15.44%.

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The value of BNB

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The value of BNB seems to be following a basic decline within the crypto market. In reality, on the time of writing it was BNB is price $565, ​​in a -3% dump within the final 24 hours.

Nonetheless, this decline offsets BNB’s bullishness over the previous seven days, when it reached $583 yesterday.

The fourth-largest cryptocurrency by market capitalization has fluctuated round its present value since March 2024, beginning at low of $260 in January and managed to achieve $700 in June.