Source: CryptoNewsNet
Original Title: PancakeSwap overtakes Uniswap on Base to become second-largest DEX by volume
Original Link:
Overview
A multi-chain decentralized exchange has become the second-largest DEX on Base by trading volume, overtaking a major competitor over the past 24 hours and seven days, according to DefiLlama data.
Trading Volume Performance
In the past 24 hours, the DEX recorded $293 million in trading volume on Base, compared to its competitor’s $203 million. Over the past 7 days, it reached $1.17 billion in volume, ahead of the competitor’s $949 million.
The DEX now ranks second on the chain, trailing only Aerodrome, which posted $457 million in 24-hour volume and $2.2 billion over the past week.
Base Chain Growth
Base, the Ethereum Layer 2 network, continues to climb the DeFi leaderboard and now ranks fifth among blockchains by total value locked (TVL), with over $4.8 billion, behind Ethereum, Solana, Bitcoin, and BNB Chain.
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A certain DEX surpasses competitors on the Base chain, becoming the second-largest DEX.
Source: CryptoNewsNet Original Title: PancakeSwap overtakes Uniswap on Base to become second-largest DEX by volume Original Link:
Overview
A multi-chain decentralized exchange has become the second-largest DEX on Base by trading volume, overtaking a major competitor over the past 24 hours and seven days, according to DefiLlama data.
Trading Volume Performance
In the past 24 hours, the DEX recorded $293 million in trading volume on Base, compared to its competitor’s $203 million. Over the past 7 days, it reached $1.17 billion in volume, ahead of the competitor’s $949 million.
The DEX now ranks second on the chain, trailing only Aerodrome, which posted $457 million in 24-hour volume and $2.2 billion over the past week.
Base Chain Growth
Base, the Ethereum Layer 2 network, continues to climb the DeFi leaderboard and now ranks fifth among blockchains by total value locked (TVL), with over $4.8 billion, behind Ethereum, Solana, Bitcoin, and BNB Chain.