PancakeSwap was the best-performing top-100 cryptocurrency last week as the volume in its ecosystem surged.

PancakeSwap (CAKE) token rose by nearly 50% in the last seven days. It was trading at $2.57 on Sunday, up 125% from its lowest level this month, giving it a market cap of over $767 million.

PancakeSwap DEX volume hits $1 trillion

DeFi Llama data shows that PancakeSwap’s total volume handled in the last seven days jumped 64% to $28.23 billion, its best performance since November 2021. It also passed a major milestone: its historical volume reached $1 trillion.

PancakeSwap’s volume flipped other popular players in the DEX industry like Raydium (RAY) and Uniswap (UNI). Uniswap handled $15.3 billion, while Raydium’s volume was over $11 billion. 

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