Main takeout
●PancakesWap recorded a record high for monthly trading volumes and users on its base network, with a trading volume of $7.82 billion and 594K users in July.
●Since launching on base, Pancakeswap has seen exponential growth, attracting 2.56 million cumulative unique users and driving a cumulative trading volume of $38.6 billion.
PancakesWap, a leading multi-chain decentralized exchange (DEX), hit a record high for monthly trading volumes and users on its base network, recording a trading volume of $7.82 billion and 594,000 users in July.
Pancake swap volume with functions on the base
Source: PancakesWap Dex (Dune)
Since launching at the base in 2023, Pancakeswap has experienced incredible growth in one of Ethereum’s fastest-growing Layer 2 networks. Pancakeswap has accumulated 2.56 million releases so far – for immediate cumulative unique users, it has facilitated a cumulative trading volume of $38.6 billion, further strengthening Pancakeswap’s position as one of the most popular DEXs in the basic ecosystem.
Growth will occur with the launch of Pankaykswap Infinity in July 2025. The most advanced iteration of pancake swaps to date, Pancake Swap Infinity introduces powerful features such as dual pool type, dynamic pricing, and access to gas-optimized infrastructure. Pancakeswap Infinity’s open source hook allows base developers to build custom strategies, incentives and fee logic directly into the liquidity pool. This is a step towards a future of more interoperable, modular, and user-friendly debt that anyone can build better with plugins, trades, acquires, or based infinity, anywhere.
Additionally, PancakesWap introduced one-click cross-chain swap in June 2025. Users can exchange tokens directly from the PancakesWap interface to BNB chains, arbitrums and bases. There is no bridge, no external apps or complicated steps required. This update removes technical friction and reduces the barriers to multichine participation.
This is why it’s important for crypto users
This milestone shows how Defi platforms such as Pancakeswap continue to achieve scalability without compromising performance or user experience. By leveraging the low rates and fast trading of bases, combined with the capital efficiency and flexibility of Pancakeswap Infinity, users, traders and liquidity providers get better prices, more opportunities, and more cross-chain experiences that shape the future of decentralized finance.
Pancakeswap’s post appeared in July with a monthly volume of $782 million and 594k users per month, with monthly volume and user base users at an all-time high.
