- Pancakes WAP earns $ 52.1 million every week, surpassed circle and only chases Tether.
- Hyperliquid climbed along Pump and Jito by collecting $ 21.6 million in costs for only one week.
- Boosted by V3 -Upgrades, Outrupe Pancakes alone in May $ 100 billion in trade volume.
Pancakeswap is now the second leading platform on the global weekly tariff list. In the past week, the decentralized exchange raised $ 52.1 million in reimbursements. The result helped to exceed the circle, which broke $ 44.6 million in the corresponding period. Now Tether is the only crypto that stayed in the leadership. This performance is an important milestone for the largest DEX for the BNB smart chain.
Although Pancakeswap is now for the circle for the weekly reimbursements, Circle holds the management monthly, with $ 191.64 million compared to Pancakeswap’s $ 112.67 million. If Pancakeswap retains its current growth, this can catch up quickly. The increase clearly shows that people are increasingly interested in trade.
Source: Defillama
Hyperliquid also sees strong growth in other areas of Defi. The platform earned $ 21.6 million in reimbursements last week and exceeded Pump and Jito, who generated $ 17.48 million and $ 12.61 million respectively. These statistics prove that industry is currently very competitive.
Pancakes WAP expects Spotlight with Record Surge
In May, Pancakeswap reached a new level with a trade volume of more than $ 100 billion. It bounced back from a few years of inactivity with this increase. Pancakes WAP attracts attention within the larger decentralized financing sector.
Pancakeswap V3 stimulates a lot of this growth by improving the trading system. V3 is the location where most of the activity of the liquidity pool takes place on the platform. Currently, the daily trading activity is greater than $ 10.87 billion. The upgrade made the Trending tokens trade faster and more cost -effective for users than before.
Related: Circle is looking for $ 624 million in NYSE IPO, since the regulation of the stablecoin is approaching the completion
The results of Pancakeswap this week mean that it has returned to solid performance. For Defi traders it has emerged as a preferred platform. By keeping track of the latest functions and attracting more users, this exchange is expected to be returned to the top status soon. Many people look to see if it can surpass tether in the future.
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