BNB Chain Sees $2.61B Trading Volume, $28.1M Net Inflow in 24 Hours
1min read The decentralized exchange (DEX) trading volume on the BNB Chain (BSC) reached an impressive $2.61 billion in the past 24 hours. This significant trading activity was accompanied by a net inflow of $28.1 million, indicating a robust interest and investment in the bsc ecosystem. The total value locked (TVL) in BSC has surpassed $7 billion, currently standing at $7.06 billion, reflecting the growing confidence and participation in the platform.
In addition to the high trading volume, the BSC network saw 1.21 million active addresses within the same period, highlighting the extensive user engagement and activity on the platform. The leverage contract trading volume reached $93.47 million, further underscoring the diverse range of financial activities taking place on BSC.
PancakeSwap emerged as the protocol on BSC that generated the most fees, amounting to $6.15 million, with protocol revenue of $1.38 million. Following closely was four.meme, which generated fees of $822,000 and protocol revenue of $788,000. These figures demonstrate the significant role that these protocols play in the BSC ecosystem, contributing to its overall liquidity and financial activity.
The substantial trading volume and net inflow on BSC suggest a strong demand for decentralized financial services and a growing interest in the BSC platform. The high number of active addresses indicates that a large and active user base is participating in these financial activities, further validating the platform's appeal and utility. The dominance of PancakeSwap and four.meme in terms of fees and protocol revenue highlights their importance within the BSC ecosystem and their contribution to its overall financial health.
