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news-imageNovember 13, 2023

THORChain Flips PancakeSwap as #2 DEX with 50% Gains

THORChain trading volume surges as more users recognize its unique value proposition.
Publisher: Dailycoin
Sentiment: Positive
CAKE
RUNE

More News Articles

Positive
cover-imageBlockworks
April 9, 2025

PancakeSwap veCAKE gets sliced in new proposal

PancakeSwap's new Tokenomics v3 proposal promises “true ownership, simplified governance and sustainable growth.” Central to this shift is the deprecation of veCAKE replaced with direct emissions management and a max one-year lock, aimed at boosting capital efficiency and simplifying participation.

Positive
cover-imageThe Cryptonomist
March 24, 2025

PancakeSwap surpasses Uniswap: the DEX dominates the weekly trading volume

The competition among decentralized exchange platforms (DEX) has seen a significant shift. PancakeSwap has surpassed Uniswap in weekly transaction volume, claiming the top spot among decentralized exchanges. In a tweet, CoinMarketCap highlighted this milestone of Pancakeswap, explaining that the platform traded 14 billion dollars in one week with a growth of 58.04%. Pancakeswap thus surpassed Uniswap.

Positive
cover-imageBitcoin
March 23, 2025

DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race

Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com's social media account reveal that the DEX Pancakeswap secured the top position in this week's trading volume figures.

Negative
cover-imageCointelegraph
March 11, 2025

THORChain at crossroads: Decentralization clashes with illicit activity

THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it's prepared to have regulators breathing down its neck.Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol's centralized tendencies. After exploiting Bybit for $1.4 billion, the North Korean state-backed hackers behind the attack, known as the Lazarus Group, flocked to THORChain, making it their top choice to convert stolen funds from Ether (ETH) to Bitcoin (BTC).

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