• PancakeSwap earns $52.1 million weekly, surpassing Circle and trailing only Tether.
• Hyperliquid climbed past Pump and Jito by collecting $21.6M in fees over just one week.
• Boosted by V3 upgrades, PancakeSwap exceeded $100B in trading volume during May alone.

PancakeSwap is now the second leading platform on the global weekly fee list. In the last week, the decentralized exchange brought in $52.1 million in fees. The result helped it surpass Circle, which raised $44.6 million in the corresponding period. Now, Tether is the only crypto left in the lead. This achievement is an important milestone for the biggest DEX on the BNB Smart Chain.

Although PancakeSwap is now ahead of Circle in weekly fees, Circle is keeping the lead on a monthly basis, with $191.64M compared to PancakeSwap’s $112.67M. If PancakeSwap keeps its current growth, it could soon catch up. The increase clearly demonstrates that people are increasingly interested in trading.

Hyperliquid is also seeing strong growth in other areas of DeFi. The platform earned $ 21.6 million in fees last week, surpassing Pump and Jito, which generated $17.48 million and $12.61 million, res…

The post PancakeSwap Overtakes Circle in Fees: Can It Overcome Tether Next? appeared first on Coin Edition.

• PancakeSwap earns $52.1 million weekly, surpassing Circle and trailing only Tether.
• Hyperliquid climbed past Pump and Jito by collecting $21.6M in fees over just one week.
• Boosted by V3 upgrades, PancakeSwap exceeded $100B in trading volume during May alone.

PancakeSwap is now the second leading platform on the global weekly fee list. In the last week, the decentralized exchange brought in $52.1 million in fees. The result helped it surpass Circle, which raised $44.6 million in the corresponding period. Now, Tether is the only crypto left in the lead. This achievement is an important milestone for the biggest DEX on the BNB Smart Chain.

Although PancakeSwap is now ahead of Circle in weekly fees, Circle is keeping the lead on a monthly basis, with $191.64M compared to PancakeSwap’s $112.67M. If PancakeSwap keeps its current growth, it could soon catch up. The increase clearly demonstrates that people are increasingly interested in trading.

Hyperliquid is also seeing strong growth in other areas of DeFi. The platform earned $ 21.6 million in fees last week, surpassing Pump and Jito, which generated $17.48 million and $12.61 million, res…

The post PancakeSwap Overtakes Circle in Fees: Can It Overcome Tether Next? appeared first on Coin Edition.