Messari Report: BNB Chain Q2 Stablecoin Transaction Volume, DEX Trading Volume and Active Users Rank First Across All Chains

On August 22, it was reported that according to Messari's BNB Chain Q2 2025 report, BNB Chain performed strongly in the second quarter, ranking first across all chains in on-chain transaction volume, stablecoin transaction count, active users, and DEX trading volume, solidifying its leading position in the Web3 ecosystem.

Market Capitalization and Activity: BNB's market capitalization increased by 7.5% to $92.6 billion, with average daily transaction volume growing by 101.9% to 9.9 million transactions, and average daily active addresses rising by 33.2% to 1.6 million, with 17 million new addresses added in May.

DEX Performance: Average daily trading volume of $3.3 billion, with PancakeSwap accounting for 85.1%, and Uniswap's trading volume increasing by 755.4% to $297 million.

Stablecoins: Stablecoin market capitalization increased by 49.6% to $10.5 billion, with USD1 reaching $2.2 billion upon launch, and USDT maintaining a dominant market cap of $6.3 billion.

DeFi TVL: Quarterly increase of 14% to $9.9 billion, holding steady at fourth place.

Technical Upgrades: The Lorentz and Maxwell hard forks reduced block time to 0.75 seconds, while opBNB achieved sub-second finality through the Volta upgrade.

Ecosystem Support: The stablecoin “Zero Fee Carnival” subsidizes $4 million in Gas fees, accelerating user adoption; MVB Season 9 supports 16 early-stage projects, promoting development in AI, DeFi, and other fields. $BNB