PancakeSwap closes record $310B year, up 179% driven by L2, DeFi growth
PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
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PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
The DeFi protocol also launched an in-house perpetuals trading app.
The Ethereum co-founder also proposed changes to ease transfers among layer-2 scaling networks.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.
Franklin Templeton says this is the first tokenized money fund to launch on Coinbase’s layer-2 network.
The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October.
Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said.
Gasless swaps could ease the DeFi onboarding process, bolstering mass crypto adoption among new holders.
