PancakeSwap overtakes Uniswap on Base to become second-largest DEX by volume
Crypto Briefing
PancakeSwap surpassed Uniswap in 24-hour and 7-day trading volume on the Base network, becoming the second-largest DEX there.Summary
PancakeSwap, a multi-chain decentralized exchange (DEX), has become the second-largest DEX on Coinbase's Layer 2 network, Base, based on trading volume, overtaking Uniswap. According to DefiLlama data, PancakeSwap recorded $293 million in 24-hour volume, compared to Uniswap's $203 million, and $1.17 billion over seven days versus Uniswap's $949 million. PancakeSwap now trails only Aerodrome on Base, which leads with $457 million in daily volume. The activity reflects the continued growth of Base, which currently ranks fifth among blockchains by total value locked (TVL) with over $4.8 billion.
(Source：Crypto Briefing)