On May 26, trading volume on decentralized exchanges (DEX) within the BNB Chain network reached $13.31 billion.
According to DeFi Llama, this figure was 7.9 times higher than Ethereum’s $1.675 billion and 5.7 times greater than Solana’s $2.32 billion. BNB Chain’s trading volume exceeded the combined total of the ten largest blockchains.
The surge is likely due to the launch of Binance Alpha, a gamified system for participating in TGE and receiving airdrops. To profit from activities, users must accumulate a certain number of points (Alpha Points). These are awarded for:
According to Dune Analytics, on May 30, BNB Chain accounted for 94.9% of the total daily trading volume among tracked blockchains. The increase in average transaction size indicates deeper user engagement within the ecosystem.
Among popular Web3 wallets, Binance Wallet captured 96.2% of the market share by trading volume.
Earlier, the BNB Chain team summarized the results of the first quarter of the BNB AI Hackathon, dedicated to integrating AI into blockchain. The organizers highlighted 13 projects, many of which are already trading on centralized exchanges.
