PancakeSwap Posts Record $205B Trading Volume in Q1 2025
24.04.2025 10:12
PancakeSwap, the multi-chain decentralized finance platform, reported its best quarterly performance since launch with $205.3 billion in trading volume in Q1 2025, marking a 921% increase from Q1 2023. The platform experienced significant growth with an 81% rise in users and a 159% increase in transactions, contributing to a total trading volume of $1.33 trillion since inception. This surge coincided with the rollout of CAKE Tokenomics 3.0 on April 23, which eliminated traditional staking in favor of a buy-and-burn model and introduced a hard supply cap of 450 million tokens. Despite these robust metrics, CAKE has seen a 26% decline over the past 30 days and is currently trading at $1.97, consolidating below a key resistance level of $2.08. The primary user activity driving these figures is on the BNB Chain, with notable participation also coming from Base, Arbitrum, and Ethereum.
The news is largely positive due to PancakeSwap’s record-breaking quarterly performance and robust growth across core metrics, indicating strong user demand. The rollout of CAKE Tokenomics 3.0, with its buy-and-burn mechanism and fixed supply cap, is expected to enhance scarcity and potential long-term price stability for CAKE. However, the recent 26% price drop and near-term technical resistance around $2.08 suggest caution in the short term. Immediate effects may be muted until bulls can break resistance, while longer-term prospects improve if the new tokenomics attract increased investor confidence and demand.
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