PancakeSwap Volume Explodes: $2.2B in 24H as Traders Flee CEX Fees
PancakeSwap’s CAKE token rockets alongside record-breaking DEX volume—proof that degens still prefer their syrup with a side of self-custody.
While Wall Street hedgies fight over ETF crumbs, decentralized exchanges quietly eat their lunch. PancakeSwap’s surge comes as traders ditch centralized platforms (and their ’innovative’ withdrawal fees) for the sweet taste of permissionless swaps.
One catch? The AMM’s BNB-chain dominance shows even ’decentralized’ finance still orbits around a few key players—but try telling that to the apes stacking CAKE at 3AM.