PancakeSwap’s Q1 2025 Trading Volume Breaks Records, Surpassing $205 Billion

BeInCrypto
CAKE-4.69%
MULTI-4.98%
MAJOR-0.78%

Multichain decentralized exchange (DEX) PancakeSwap (CAKE) has achieved a major milestone, recording an all-time high of $205.3 billion in quarterly trading volume for Q1 2025. This marks the highest trading activity since the platform’s inception.

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