The decentralized exchange (blockchain-based trading platform) also posted about $600 million in daily volume, while perpetual futures (derivatives without expiry) activity exceeded $160 million over 30 days.
PancakeSwap reported nearly $22 billion in trading volume over the past 30 days, with roughly $600 million traded in the last 24 hours. The update also said perpetual futures (derivatives without expiry), often called perps, generated more than $160 million in volume over the same 30-day period. The figures point to continued activity on decentralized trading venues, where users trade through smart contracts (self-executing blockchain code) rather than centralized intermediaries.