PancakeSwap Hits File $173 Billion in Month-to-month Quantity, Companions With Trump’s World Liberty Monetary – “The Defiant”

Decentralized change (DEX) PancakeSwap, which boasts a complete worth locked (TVL) of $1.9 billion, processed a record-high $173 billion in month-to-month buying and selling quantity in Might 2025 – its highest since launching in 2020.

In response to knowledge from Dune, the platform beforehand recorded $205 billion in complete quantity for Q1 2025 and is on observe to surpass that in Q2, with $203 billion already achieved in April and Might mixed.

PancakeSwap additionally processed $75 billion in trades over a single week in late Might, a 131% week-over-week improve, based on knowledge from SeaLaunch. Throughout that point, PancakeSwap ranked fourth in protocol income, producing $14 million, knowledge platform SeaLaunch revealed in a publish on X on Might 28. And among the many prime traded pairs, three had been linked to the PolyhedraZK token, SeaLaunch added.

Total, the DEX has now surpassed $1.5 trillion in cumulative buying and selling quantity throughout 10 supported blockchains, per Dune.

The surge in exercise displays PancakeSwap’s continued development, pushed partially by the current launch of PancakeSwap Infinity – an improve that launched new liquidity pool sorts (CLAMM and LBAMM), customizable good contracts often known as “hooks,” and improved gasoline effectivity.

One other development driver is PancakeSwap’s increasing ecosystem. It ranks as a prime DEX on BNB Chain, Base, Arbitrum, and Ethereum, with cumulative buying and selling volumes of $1.14 trillion, $21.1 billion, $20.28 billion, and $20 billion, respectively, on every chain.

“This record-breaking volume is a testament to what’s possible when DeFi is made accessible, innovative, and user-friendly,” mentioned Chef Youngsters, Head Chef of PancakeSwap, in a press release.

PancakeSwap’s native token CAKE at the moment trades at $2.43, up 24% over the previous month, based on CoinGecko.

WLFI Partnership

PancakeSwap’s development comes amid a brand new partnership with the Trump-backed World Liberty Monetary (WLFI) crypto undertaking, BNB Chain, and BUILDon. The partnership contains a $1 million incentive marketing campaign to advertise the USD1 stablecoin. The four-week initiative, operating from June 4 to July 4, goals to extend USD1 adoption on BNB Chain.

Most of USD1’s buying and selling exercise already happens on PancakeSwap, which recorded $2.3 billion in USD1 quantity over the previous month, based on a press launch seen by The Defiant. The stablecoin is at the moment the second-largest on BNB Chain by provide, with 98% of USD1’s $2.1 billion provide residing on BNB Chain – simply behind Tether (USDT), based on DeFiLlama.