PancakeSwap hit $310b in trading volume, up 179% YoY
Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved the milestone across nine blockchains, representing a growth of 179% by year. Notably, PancakeSwap’s total […]
NFTs start December with $187M weekly sales volume
Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million. Source link
PancakeSwap’s daily trading volume rockets to $1.27b after SpringBoard launch
PancakeSwap’s daily trading volume reached $1.27 billion on Dec. 4, the highest single-day trading volume the decentralized exchanged has seen since March of this year. According to data from PancakeSwap, BNB (BNB) Chain’s largest decentralized exchange saw its daily trading volume skyrocket by more than 60% from the previous day after the DEX launched its […]
South Korean martial law catapults crypto trading volume to new record high with $34b
After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in the past 24 hours the combined crypto spot trading volume from Upbit, Bithumb, Coinone, Korbit […]
Pepe coin price could rise 45% as exchange volume slips
Pepe coin price has retreated by over 27% from its highest level this year, but the ongoing whale activity and exchange supply may push it higher. Pepe (PEPE), the third-biggest meme coin, was trading at $0.0000187 on Wednesday, Nov. 27, bringing its market cap to over $7.8 billion. Data by Nansen, a top analytics platform, […]
Bitcoin ETF volume reached $5b as Bitcoin price dropped $91k
Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin spot exchange-traded fund (ETF) recorded volume trading of $5 billion on Nov. 26; the volume was led by dominant key players in the industry, […]
Spot Bitcoin ETF trading volume tripled in March to $111 billion
Trading volumes on Bitcoin’s spot ETFs hit $111 billion in March. Source link
Upbit’s trading volume falls below $4B after reaching yearly high in March
South Korean exchange Upbit recorded a 24-hour trading volume of $3.8 billion at the start of April, almost a 75% drop compared to its daily volume of $15 billion on March 5. Source link
Base sets record high DEX volume day, surpassing $1B
On March 30, Coinbase Ethereum layer-2 network Base experienced its first day ever with DEX trading volumes exceeding $1 billion. Source link
