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TechFlow News — According to Cointelegraph, on February 18, PancakeSwap, a decentralized exchange (DEX) on Binance Smart Chain, recorded a 24-hour trading volume of $580 million, surpassing SushiSwap ($410 million) to become the second-largest DEX by trading volume, trailing only Uniswap. Its governance token CAKE also hit a record high price of $11.80, becoming the first project on BSC to reach a market capitalization of $1 billion.
PancakeSwap on Binance Smart Chain has reached a 24-hour trading volume of $580 million, surpassing SushiSwap ($410 million) to become the second-largest decentralized exchange by trading volume, ranking just behind Uniswap.
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