pancakeswap出現了，最高的DEX超過了日常交易量

@bnbchain的@pancakeswap在分散的交易所（DEX）市場上取得了領先

PancakeSwap has taken the lead in the decentralized exchange (DEX) market, recording $1.64 billion in 24-hour trading volume, according to DeFiLlama. This makes it the most active DEX in comparison to Uniswap, which reported $1.04 billion, and Solana's Raydium at $334.98 million.

根據Defillama的數據，Pancakeswap在分散交易所（DEX）市場領先，在24小時的交易量中記錄了16.4億美元。與Uniswap相比，這使它成為最活躍的DEX，該uniswap報告了10.4億美元，而索拉納的Raydium則為3.3498億美元。

Emerging as the largest BNB Chain-based DEX, PancakeSwap is now the most-used DEX overall. It is known for its competitive advantages, offering lower transaction fees and faster trade execution speeds compared to Ethereum-based DEXs.

pancakeswap成為最大的基於BNB鏈的DEX，現在是總體上最常用的DEX。它以其競爭優勢而聞名，與基於以太坊的DEX相比，交易費用較低和更快的貿易執行速度。

"This makes it the most active DEX in comparison to Uniswap, which reported $1.04 billion, and Solana's Raydium at $334.98 million.

“與Uniswap相比，這使它成為最活躍的DEX，後者報告了10.4億美元，而Solana的Raydium則為3.3498億美元。

Emerging as the largest BNB Chain-based DEX, PancakeSwap is now the most-used DEX overall. It is known for its competitive advantages, offering lower transaction fees and faster trade execution speeds compared to Ethereum-based DEXs.

pancakeswap成為最大的基於BNB鏈的DEX，現在是總體上最常用的DEX。它以其競爭優勢而聞名，與基於以太坊的DEX相比，交易費用較低和更快的貿易執行速度。

However, despite its lower trading volume, Uniswap holds a larger liquidity footprint, currently boasting $3.75 billion in total value locked (TVL), whereas PancakeSwap has $2.4 billion.

但是，儘管交易量較低，但Uniswap的流動性足跡卻較大，目前擁有37.5億美元的總價值鎖定（TVL），而PancakesWap的流動性足跡具有24億美元。

PancakeSwap has consistently performed throughout the beginning of this year. It reached $78.4 billion in monthly trading volume in January and increased to $81 billion in February, the highest monthly trading activity since 2021.

在今年年初，Pancakeswap一直表現。 1月份的每月交易量達到784億美元，2月增加到810億美元，是自2021年以來每月最高的交易活動。

PancakeSwap controls over 90% of the DEX market share on the BNB Chain. The dominance reflects the broader revival of the BNB Chain ecosystem, which has recently seen renewed user interest.

PancakesWap控制著BNB鏈上DEX市場份額的90％以上。主導地位反映了BNB鏈生態系統的更廣泛復興，該系統最近看到了用戶的興趣。

Competitive Advantages in the DEX Landscape

DEX景觀中的競爭優勢

PancakeSwap offers several advantages over its competitors. The exchange charges lower fees than Ethereum-based DEXs, with transactions costing only a few cents. It also processes trades faster, with completions typically taking seconds. These features help PancakeSwap effectively compete against Uniswap. While Uniswap benefits from higher liquidity, its users must contend with Ethereum's higher gas fees.

pancakeswap比競爭對手提供了幾個優勢。交易所收取的費用低於基於以太坊的DEX，交易的費用僅為幾美分。它還可以更快地處理交易，完成的交易通常需要幾秒鐘。這些功能有助於有效地與uniswap競爭。雖然UNISWAP受益於更高的流動性，但其用戶必須與以太坊的較高汽油費用。

Moreover, Four.meme, a meme coin creation platform backed by former Binance CEO Changpeng Zhao, has contributed to the trading activity on PancakeSwap. It is an entry point for new tokens entering the PancakeSwap ecosystem. The exchange’s native CAKE token makes up 27% of its trading volume. CAKE currently trades at $2.66 and showed recovery from previous price levels.

此外，由前Binance首席執行官Changpeng Zhao支持的Meme Coin Creation平台Four。為pancakeswap的交易活動做出了貢獻。這是進入pancakeswap生態系統的新令牌的切入點。該交易所的本地蛋糕令牌佔其交易量的27％。蛋糕目前的交易價格為2.66美元，顯示從以前的價格水平中恢復。

BNB Smart Chain, with gas fees 90% lower than Ethereum, positions the network for potential user growth. The chain currently carries $5.4 billion in locked liquidity, doubling since the 2023 lows.

BNB智能鏈，汽油費比以太坊低90％，為潛在用戶增長的網絡定位。該連鎖店目前具有54億美元的鎖定流動性，自2023年低點以來增加了一倍。

Market Implications

市場含義

PancakeSwap's current trading volume leadership highlights the evolving dynamics in decentralized finance. As competition between blockchain ecosystems continues, the exchange's performance gives insight into trends in the DEX market.

Pancakeswap目前的交易量領導力突出了分散財務中不斷發展的動態。隨著區塊鏈生態系統之間的競爭繼續，交易所的性能使DEX市場的趨勢深入了解。

The success of PancakeSwap is due to Binance's consistent and strong performance, which accounts for up to 53% of crypto trading activity. This connection between centralized and decentralized platforms within the Binance ecosystem shows today's interconnected crypto trading landscape.

PancakesWap的成功歸因於Binance的一致性和強勁的表現，該表現佔加密交易活動的53％。二元生態系統中的集中式平台和分散平台之間的這種聯繫顯示了當今相互聯繫的加密貨幣貿易格局。