In May, the total DEX trading volume reached $474.135 billion, second only to January this year in history
According to a report by Jinse Finance, data from DeFiLlama shows that the total DEX trading volume across the network in May reached $474.135 billion, marking the second-highest level in history, only surpassed by January of this year. Stimulated by the Alpha airdrop and trading competition, the BNB Chain DEX achieved a trading volume of $178.228 billion in the same month, significantly setting a new historical high; the largest DEX on BNB Chain, PancakeSwap, also reached a new historical high with a trading volume of $165.35 billion in the same month.
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