Crypto
BNB Chain Inches Closer to Overtaking Base in Spot DEX Volume
The BNB Chain has closed in on Base's spot DEX volume, trailing by less than $2 billion over the past month. However, on shorter timeframes, BNB Chain has already surpassed its rival, with a 24-hour DEX volume of $954.7 million compared to Base's $638.81 million.
The 30-day spot DEX trading volume on BNB Chain stands at $22.601 billion, while Base holds the top spot with $24.505 billion. Nevertheless, the monthly gap is narrowing, and if current momentum continues, BNB Chain may overtake Base within days.
PancakeSwap remains the dominant force on the BNB Chain, accounting for approximately 71% of its daily DEX volume. The platform has been a key driver of the chain's growth since its launch in 2021.