TechFlow reported on February 13 that according to Defillama data, the decentralized exchange PancakeSwap ranked first in trading volume among DEXs over both the past 24 hours and the past 7 days. Data shows that PancakeSwap's trading volume reached $20 billion over the past 7 days and $3 billion in the last 24 hours.
In response, Binance founder Changpeng Zhao (CZ) commented: "This isn't competition—it's merely the beginning."





