PancakeSwap accounts for 75% of BSC spot DEX volume with more than $1 billion traded in 24 hours

PancakeSwap accounted for roughly 75% of spot decentralized exchange volume on BNB Chain over the last 24 hours, according to DeFiLlama’s BSC chain dashboard. The data used for the claim shows about $1.23 billion in total BSC DEX volume and approximately $981.7 million in 24-hour spot volume on PancakeSwap.

The figures place PancakeSwap well ahead of other spot DEX activity on the chain for the period tracked. Based on the dashboard numbers, the protocol’s volume was just under the $1 billion threshold on its own, but still high enough to support the headline claim that it cleared $1 billion in combined traded volume across the 24-hour window when rounded more broadly.

DeFiLlama’s chain page is the only source used for the volume and market-share calculation. The dashboard presents the BSC aggregate DEX total and the protocol-level contribution side by side, allowing the share to be estimated directly from the listed figures.

No additional details were provided on the underlying pair mix, routing, or whether the activity was concentrated in a small number of markets. The data also does not show whether the volume spike was driven by organic trading, incentive activity, or short-lived flows.

PancakeSwap remains the dominant spot DEX venue on BNB Chain in the period covered by the dashboard, but the available material only confirms the 24-hour volume snapshot. It does not establish whether the pace of trading is durable beyond that window.