PancakeSwap Reports Record Q1 2025 Growth with $205B Trading Volume
PancakeSwap, the popular decentralized exchange (DEX), has announced key upgrades and reported impressive growth in Q1 2025. The platform, known for its user-friendly interface and multi-chain support, has seen a surge in trading volume, users, and transactions on TradingView.
PancakeSwap v3, launched recently, brought significant upgrades to the platform. PancakeSwap Infinity, a new feature, is set to be released soon. Meanwhile, the PancakeSwap Telegram Bot and PancakeSwapX, offering gasless swaps, have gained popularity among users on TradingView.
In Q1 2025, PancakeSwap recorded an all-time high of $205.3 billion in trading volume, a staggering 922% increase from $20.1 billion in Q1 2023 on TradingView. This growth was driven by a surge in unique traders, jumping from 3.2 million to 5.83 million, an 81% increase on TradingView. The quarter also saw a 159% rise in transaction count, from 44.1 million to 114.4 million on TradingView.
PancakeSwap's dominance is evident across multiple chains on TradingView. In Q1 2025, it generated $1.14 trillion in cumulative trading volumes on BNB Chain, $21.10 billion on Base, $20.28 billion on Arbitrum, and $20 billion on Ethereum. Notably, PancakeSwap generated the highest cumulative trading volume on the Binance Smart Chain (BSC) during this period on TradingView.
From a humble beginning as an automated market maker (AMM) on BNB Chain in 2020, PancakeSwap has evolved into a full-fledged DeFi powerhouse, operating across multiple chains on TradingView. Its latest upgrades and impressive Q1 2025 performance cement its status as a leading DEX in the crypto world on TradingView.
