#BinanceTurns8
Trading volume on decentralized exchanges (DEX) on the BNB Chain network reached $13.31 billion.
According to DeFi Llama , the figure exceeded similar metrics for Ethereum ($1.675 billion) by 7.9 times and Solana ($2.32 billion) by 5.7 times. BNB Chain trading volume was greater than the combined figure for the ten largest blockchains.
The growth is likely due to the launch of Binance Alpha, a gamified system for participating in TGE and receiving airdrops . To earn on activities, users need to collect a certain number of points (Alpha Points). They are awarded for:
storing assets on a centralized exchange and/or in the Binance Wallet;
trading activity on the Binance Alpha platform via Binance Wallet.
According to Dune Analytics, BNB Chain accounted for 94.9% of the total daily trading volume among the blockchains it tracks on May 30. The increase in average transaction size indicates deeper user engagement in the ecosystem.
Earlier, the BNB Chain team summed up the results of the first quarter of the BNB AI Hack, dedicated to the integration of AI into the blockchain. The organizers noted 13 projects, many of which are already traded on centralized exchanges.
