๐ BNB Chain has emerged as the leader in decentralized finance (DeFi), recording $13.31 billion in DEX trading volume on May 26โfar surpassing Ethereum ($1.675B) and Solana ($2.32B). This dominance is driven by @Binance Wallet and Binance Alpha, key components of Binanceโs CeDeFi ecosystem.
โ๏ธ Key Highlights:
โ BNB Chain leads in on-chain trading volume, exceeding Ethereum by 7.9x and Solana by 5.7x, even surpassing the combined DEX volume of the top 10 blockchains.
โ Binance Wallet and @binance Alpha are major growth drivers, boosting transactions and trading volume. On May 29, BNB Chain accounted for 98.6% of daily on-chain trading volume among tracked chains.
โ Binance Wallet dominates the market, holding a 96.1% share of crypto wallet trading volume by May 25, with a $7.76 billion volume by May 28.
BNB Chainโs surge highlights its DeFi dominance, driven by strong ecosystem adoption.
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