BNB Chain’s momentum extended beyond network fees even as major cryptocurrencies lost strength, with Bitcoin and Ethereum both retreating and BNB slumping 5% from daily highs.
DEX Volume Soars on BNB Chain
DeFiLlama data further shows that BNB Chain overtook Solana in 24‑hour decentralized exchange (DEX) volume, hitting $6.05 billion versus Solana’s $4.73 billion, largely driven by perpetual futures activity that exceeded $100 billion in recent weeks.
Most of this liquidity flowed through PancakeSwap, which alone handled $4.53 billion in daily volume, supported by low gas fees, rapid finality under the Maxwell upgrade, and a $100 million liquidity program that keeps BNB Chain among the most liquid and cost‑efficient DeFi ecosystems.
The total value locked (TVL) for BNB Chain now stands at $17.1 billion, supported by a daily active user base of over 4.2 million. Its growing presence in real‑world asset (RWA) integrations and stablecoin transfers without fees adds further momentum to on‑chain adoption.
While Solana dominates NFTs, BNB Chain’s grip on liquidity and trading marks a deeper shift and makes it an appealing choice for DeFi traders.