- Pancakeswap Bovent Dex rangers with $ 14 billion weekly volume, which exceeds Uniswap.
- Raydium leads in the price win in the short term despite the dominance of pancake wapswaps.
According to a recent analysis by Ambcrypto, Pancakeswap V3 increased to the vanguard of the decentralized exchange landscape in May 2025.
Although it already leads the list of the top 12 vastness worldwide, what really Turning Heads is the enormous weekly trade volume, which surpasses $ 14 billion.
Pancake wap is at the top of the Dex hit lists
This impressive performance has stamped pancakes firmly as the world’s leading Dex, which is a reflection of the growing user involvement and an increase in decentralized trading activity.
Source: cryptorank.io/x
In terms of commercial activity, Pancakeswap registered a weekly increase of 58.04%, according to Coinmarketcap.
Driving on this Gulf of Momentum, Pancake Wap, from the Binance [BNB] Chain now accounts for 29.18% of the total DEX trade activity, with a stunning $ 14.168 billion in weekly volume and a daily TVL of $ 1.67 billion.
This rise has pushed it for Ethereum [ETH]-Based Uniswap, which, despite the retention of a higher TVL of $ 3.93 billion, witnessed a dramatic decrease of 50.56% in weekly transactions, which dropped to $ 8.611 billion in volume.
What led to this Flip?
This increase can be attributed to a combination of favorable factors, including the lower transaction costs of the BNB chain, faster settlement times and a seamless user experience.
The increase in trade volume is also fed by growing enthusiasm around Memecoins from the BNB chain.
Source: Alva/X
This shows that, while other platforms such as Raydium [RAY] Having struggled, despite earlier Bullish Sentiment, Pancakeswap has capitalized on the shifting of market trends, which confirms its dominance in the Defi Ecosystem while Altcoin Momentum is building.
Impact on the prices of token
Despite the recent dominance of pancakeswap in the trade volume, the latest price movements, however, paint a different picture.
With regard to the short -term profit, Raydium seems to take the lead, post A strong increase of 5.46% to reach $ 3.54.
Uniiswap consequence With an increase of 0.90%, which brings its price to $ 6.46, while pancakeswap left behind Something with a modest increase from 0.15% to $ 2.46.
This reversal in Momentum emphasizes the shifting dynamics within the Dex landscape, which suggests that although trading activity is an indicator for performance, price action continues to reflect that the changing investor sentiment and market conditions.