BNB Chain Dominates DeFi with Record-Breaking DEX Volume in Q2 2025

[Rancho]

In the second quarter of 2025, BNB Chain has firmly established itself as a dominant force in the DeFi space, surpassing both Solana and Ethereum in decentralized exchange trading volume. With a record $166.6 billion in DEX volume recorded in June, this surge was largely driven by increased activity on PancakeSwap, the leading DEX on the network. The launch of the Maxwell upgrade on June 30, 2025, has been a key catalyst for this growth, reducing block times from 1.5 seconds to 0.75 seconds and enhancing the overall performance and efficiency of the network.

The boost in decentralized activity has also led to a new high in the DEX-to-CEX spot trading ratio, reaching 27.92% in June 2025, up from just 0.36% in June 2020. This sharp increase reflects a growing preference for decentralized platforms, as well as early token listings and wider token availability. For those interested in diving into the DeFi ecosystem, BingX offers an easy-to-use platform with various features like spot trading and staking. The BingX Exclusive New User Event is currently live, giving new users a chance to sign up, make a deposit, and earn rewards, all while riding the current market momentum.Lets join here https://bingx.com/en/act/template/8239?randomId=8723465960 and enjoy the rewards altogether 

As BNB Chain continues to innovate and lead in the DeFi space, its growth signals an exciting future for decentralized platforms. With the Maxwell upgrade and growing adoption, BNB Chain is poised to remain a key player in the evolving crypto landscape. How will other blockchains respond to this rising dominance, and what’s next for the future of DeFi?