Binance Observes DEX Dominance as PancakeSwap Leads with 42% Market Share

Decentralized exchanges (DEX) have reached a historic milestone, capturing 27.9% of total spot trading volumes in June 2025, even as the global cryptocurrency market saw only a modest 2.62% growth amid geopolitical and energy supply concerns. PancakeSwap emerged as the frontrunner, expanding its market share from 16% to 42% following its Infinity update, which optimized trading pairs and user experience. This surge highlights a growing preference for decentralized platforms over centralized counterparts like Binance, signaling a shift in trader behavior and trust toward non-custodial solutions. The trend underscores the resilience of DeFi innovations despite macroeconomic headwinds, with DEXs poised to redefine liquidity dynamics in crypto markets.

DEX Trading Volumes Surge: Decentralized Exchanges Outshine Centralized Platforms

Decentralized exchanges (DEX) have achieved a historic milestone, capturing 27.9% of total spot market trading volumes in June. This surge comes despite a modest 2.62% increase in global cryptocurrency market capitalization, amid geopolitical tensions and energy supply concerns.

PancakeSwap led the charge, expanding its market share from 16% to 42% following its Infinity update, which enhanced trading pairs and liquidity efficiency. Meanwhile, Hyperliquid's spot trading volume grew from $6 billion to $10 billion in the first half of the year, signaling intensifying competition in the DEX space.

The rapid adoption of blockchain-based activities worldwide has deepened liquidity pools, further bolstering the appeal of decentralized platforms. A flexible regulatory environment continues to enable swift deployment of innovative features across the sector.

Binance Explores UAE Golden Visa Program for BNB Holders, Mirroring TON Initiative

Former Binance CEO Changpeng Zhao has hinted at a potential program allowing BNB token holders to secure long-term residency in the United Arab Emirates through staking. The model draws inspiration from a similar TON Foundation initiative, which requires a $100,000 TON stake for three years plus a $35,000 fee to qualify for a 10-year visa.

The UAE's traditional Golden Visa typically demands real estate investments exceeding $500,000 or significant professional contributions. While the crypto-based alternative offers a more accessible path, Zhao noted the lack of official government endorsement, urging caution. "I’d expect something like this to involve direct government cooperation," he remarked.

If implemented, Binance’s program could reshape residency incentives for crypto investors. The TON precedent already extends benefits to families, permitting work and study without sponsors—a potential blueprint for BNB’s ambitions.