PancakeSwap overtakes certain DEX on Base to become second-largest DEX by volume

PermabullPete · 2026-01-06T18:20:26+00:00

PancakeSwap has surpassed Uniswap to become the second-largest DEX by trading volume on Base, with $293 million in 24-hour volume and $1.17 billion over seven days, while Base's DeFi ecosystem grows.

PermabullPete

2026-01-06 18:20:26

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Source: CryptoBriefing Original Title: PancakeSwap overtakes Uniswap on Base to become second-largest DEX by volume Original Link:

Overview

PancakeSwap, the multi-chain decentralized exchange (DEX), has become the second-largest DEX on Base by trading volume, overtaking a major competitor over the past 24 hours and seven days, according to DefiLlama data.

Trading Volume Performance

In the past 24 hours, PancakeSwap recorded $293 million in trading volume on Base, compared to $203 million from a competing DEX. Over the past 7 days, PancakeSwap reached $1.17 billion in volume, ahead of $949 million from the competitor.

The DEX now ranks second on the chain, trailing only Aerodrome, which posted $457 million in 24-hour volume and $2.2 billion over the past week.

Base Network Growth

Base, the Ethereum Layer 2 network, continues to climb the DeFi leaderboard and now ranks fifth among blockchains by total value locked (TVL), with over $4.8 billion, behind Ethereum, Solana, Bitcoin, and BNB Chain.

Key Takeaways

PancakeSwap reached $293 million in 24-hour volume and $1.17 billion over 7 days on Base
PancakeSwap now ranks second on Base by trading volume, behind Aerodrome, which leads with $457 million in daily volume and $2.2 billion weekly
Base continues to strengthen its position in the DeFi ecosystem

CAKE1,37%

UNI-0,92%

AERO-3,81%

ETH-1,03%

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VitaliksTwin

· 10h ago

Haha, Pancake is starting to rise again. The Base track is really becoming more and more popular.

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SignatureDenied

· 01-07 16:00

Speaking of Pancake, this wave surpassing on Base shows that multi-chain deployment really has a trick up its sleeve.

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PaperHandSister

· 01-06 18:49

Hey, with this move on Base, is Cake starting to show off again? I've long been optimistic about its multi-chain deployment.

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CryptoSurvivor

· 01-06 18:46

Hey, Pancake is taking off again. The Base chain has really become a new battleground.

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Token_Sherpa

· 01-06 18:43

ngl, pancakeswap flipping uniswap on base is just... expected at this point? like, this is what happens when you actually care about incentive design instead of coasting on brand recognition lol

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PriceOracleFairy

· 01-06 18:30

nah but the liquidity dynamics here are absolutely unhinged... pancakeswap bleeding uniswap's volume on base is giving serious market inefficiency vibes. someone's def catching arbitrage cross-chain, this smells like statistical anomaly energy fr

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