{"id":38333,"date":"2021-03-04T13:37:38","date_gmt":"2021-03-04T11:37:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38333"},"modified":"2025-08-30T04:08:27","modified_gmt":"2025-08-30T01:08:27","slug":"pancakeswap-surpasses-uniswap-in-tvl-on-binance-smart-chain","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/pancakeswap-surpasses-uniswap-in-tvl-on-binance-smart-chain\/","title":{"rendered":"PancakeSwap Surpasses Uniswap in TVL on Binance Smart Chain"},"content":{"rendered":"<p>The value locked in the PancakeSwap protocol on the Binance Smart Chain (BSC) exceeded $4 billion.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">T H A T<\/p>\n<p>I S<\/p>\n<p>A L O T <a href=\"https:\/\/t.co\/LkQbxN6DS4\">pic.twitter.com\/LkQbxN6DS4<\/a><\/p>\n<p>\u2014 PancakeSwap \ud83e\udd5e #BSC (@PancakeSwap) <a href=\"https:\/\/twitter.com\/PancakeSwap\/status\/1367378738262859776?ref_src=twsrc%5Etfw\">March 4, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The leading decentralized Ethereum-based exchange Uniswap has a TVL of $3.73 billion at the time of writing.<\/p>\n<div id=\"attachment_126764\" style=\"width: 899px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126764\" class=\"size-full wp-image-126764\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-17.png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 PancakeSwap \u043f\u0440\u0435\u0432\u0437\u043e\u0448\u043b\u0430 Uniswap \u043f\u043e \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0437\u0430\u0431\u043b\u043e\u043a\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u044b\u0445 \u0441\u0440\u0435\u0434\u0441\u0442\u0432\" width=\"889\" height=\"845\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-17.png 889w, https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-17-300x285.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-17-768x730.png 768w\" sizes=\"auto, (max-width: 889px) 100vw, 889px\" \/><\/p>\n<p id=\"caption-attachment-126764\" class=\"wp-caption-text\">\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/defipulse.com\/\" target=\"_blank\" rel=\"noopener\">DeFi Pulse<\/a>.<\/p>\n<\/div>\n<p>PancakeSwap has risen to the TVL lead in the DeFi ecosystem on the Binance Smart Chain. For a long time the top spot was held by the lending project Venus.<\/p>\n<div id=\"attachment_126763\" style=\"width: 1046px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126763\" class=\"size-full wp-image-126763\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Defistation.png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 PancakeSwap \u043f\u0440\u0435\u0432\u0437\u043e\u0448\u043b\u0430 Uniswap \u043f\u043e \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0437\u0430\u0431\u043b\u043e\u043a\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u044b\u0445 \u0441\u0440\u0435\u0434\u0441\u0442\u0432\" width=\"1036\" height=\"829\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Defistation.png 1036w, https:\/\/u1f987.com\/wp-content\/uploads\/Defistation-300x240.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Defistation-1024x819.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Defistation-768x615.png 768w\" sizes=\"auto, (max-width: 1036px) 100vw, 1036px\" \/><\/p>\n<p id=\"caption-attachment-126763\" class=\"wp-caption-text\">\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/www.defistation.io\/\" target=\"_blank\" rel=\"noopener\">Defistation<\/a>.<\/p>\n<\/div>\n<p>Daily transaction volume on Binance Smart Chain has more than doubled Ethereum&#8217;s.<\/p>\n<div id=\"attachment_126760\" style=\"width: 870px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126760\" class=\"size-full wp-image-126760\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dnevnoe-chislo-tranzaktsij-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan..png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 PancakeSwap \u043f\u0440\u0435\u0432\u0437\u043e\u0448\u043b\u0430 Uniswap \u043f\u043e \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0437\u0430\u0431\u043b\u043e\u043a\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u044b\u0445 \u0441\u0440\u0435\u0434\u0441\u0442\u0432\" width=\"860\" height=\"492\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dnevnoe-chislo-tranzaktsij-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan..png 860w, https:\/\/u1f987.com\/wp-content\/uploads\/Dnevnoe-chislo-tranzaktsij-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan.-300x172.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dnevnoe-chislo-tranzaktsij-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan.-768x439.png 768w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\" \/><\/p>\n<p id=\"caption-attachment-126760\" class=\"wp-caption-text\">\u0414\u043d\u0435\u0432\u043d\u043e\u0435 \u0447\u0438\u0441\u043b\u043e \u0442\u0440\u0430\u043d\u0437\u0430\u043a\u0446\u0438\u0439 \u0432 \u044d\u043a\u043e\u0441\u0438\u0441\u0442\u0435\u043c\u0435 Binance Smart Chain. \u0414\u0430\u043d\u043d\u044b\u0435 BscScan.<\/p>\n<\/div>\n<div id=\"attachment_126766\" style=\"width: 973px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126766\" class=\"size-full wp-image-126766\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-chisla-Ethereum-tranzaktsij.-Dannye-Etherscan..png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 PancakeSwap \u043f\u0440\u0435\u0432\u0437\u043e\u0448\u043b\u0430 Uniswap \u043f\u043e \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0437\u0430\u0431\u043b\u043e\u043a\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u044b\u0445 \u0441\u0440\u0435\u0434\u0441\u0442\u0432\" width=\"963\" height=\"580\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-chisla-Ethereum-tranzaktsij.-Dannye-Etherscan..png 963w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-chisla-Ethereum-tranzaktsij.-Dannye-Etherscan.-300x181.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-chisla-Ethereum-tranzaktsij.-Dannye-Etherscan.-768x463.png 768w\" sizes=\"auto, (max-width: 963px) 100vw, 963px\" \/><\/p>\n<p id=\"caption-attachment-126766\" class=\"wp-caption-text\">\u0414\u0438\u043d\u0430\u043c\u0438\u043a\u0430 \u0447\u0438\u0441\u043b\u0430 Ethereum-\u0442\u0440\u0430\u043d\u0437\u0430\u043a\u0446\u0438\u0439. \u0414\u0430\u043d\u043d\u044b\u0435 Etherscan.<\/p>\n<\/div>\n<p>The rapid growth of unique addresses also signals substantial activity in the new network.<\/p>\n<div id=\"attachment_126765\" style=\"width: 993px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126765\" class=\"size-full wp-image-126765\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/CHislo-unikalnyh-adresov-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan..png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 PancakeSwap \u043f\u0440\u0435\u0432\u0437\u043e\u0448\u043b\u0430 Uniswap \u043f\u043e \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0437\u0430\u0431\u043b\u043e\u043a\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u044b\u0445 \u0441\u0440\u0435\u0434\u0441\u0442\u0432\" width=\"983\" height=\"523\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/CHislo-unikalnyh-adresov-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan..png 983w, https:\/\/u1f987.com\/wp-content\/uploads\/CHislo-unikalnyh-adresov-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan.-300x160.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/CHislo-unikalnyh-adresov-v-ekosisteme-Binance-Smart-Chain.-Dannye-BscScan.-768x409.png 768w\" sizes=\"auto, (max-width: 983px) 100vw, 983px\" \/><\/p>\n<p id=\"caption-attachment-126765\" class=\"wp-caption-text\">\u0427\u0438\u0441\u043b\u043e \u0443\u043d\u0438\u043a\u0430\u043b\u044c\u043d\u044b\u0445 \u0430\u0434\u0440\u0435\u0441\u043e\u0432 \u0432 \u044d\u043a\u043e\u0441\u0438\u0441\u0442\u0435\u043c\u0435 Binance Smart Chain. \u0414\u0430\u043d\u043d\u044b\u0435 BscScan.<\/p>\n<\/div>\n<p>A likely reason for Ethereum&#8217;s stagnation is demand for DeFi ecosystem applications from Binance and Huobi. Despite a low degree of decentralization, retail investors are attracted by fast transaction speeds and low fees.<\/p>\n<p>The total TVL of applications on Huobi ECO Chain (Heco) reached $7.72 billion.<\/p>\n<div id=\"attachment_126762\" style=\"width: 1022px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126762\" class=\"size-full wp-image-126762\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Heco.png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 PancakeSwap \u043f\u0440\u0435\u0432\u0437\u043e\u0448\u043b\u0430 Uniswap \u043f\u043e \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0437\u0430\u0431\u043b\u043e\u043a\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u044b\u0445 \u0441\u0440\u0435\u0434\u0441\u0442\u0432\" width=\"1012\" height=\"489\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Heco.png 1012w, https:\/\/u1f987.com\/wp-content\/uploads\/Heco-300x145.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Heco-768x371.png 768w\" sizes=\"auto, (max-width: 1012px) 100vw, 1012px\" \/><\/p>\n<p id=\"caption-attachment-126762\" class=\"wp-caption-text\">\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/www.defibox.com\/hecoPrefecture\" target=\"_blank\" rel=\"noopener\">DeFiBox<\/a>.<\/p>\n<\/div>\n<p>In this ecosystem, the leading uniswap\/pancakeswap analogue on Heco is LAVAswap.<\/p>\n<h2>The consequences of costly transactions<\/h2>\n<p>The SushiSwap platform, which competes with Uniswap and is built on the AMM model, will launch on the Binance Smart Chain (BSC), Fantom, Polygon (formerly Matic), xDai Chain and Moonbeam Network. This was announced by its chief technology officer Joseph Delong.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Sushi is going multichain \ud83c\udf63\u26d3<\/p>\n<p>We have deployed the Sushi contracts to these networks<\/p>\n<p>1. <a href=\"https:\/\/twitter.com\/FantomFDN?ref_src=twsrc%5Etfw\">@FantomFDN<\/a><br \/>\n2. <a href=\"https:\/\/twitter.com\/0xPolygon?ref_src=twsrc%5Etfw\">@0xPolygon<\/a><br \/>\n3. <a href=\"https:\/\/twitter.com\/xdaichain?ref_src=twsrc%5Etfw\">@xdaichain<\/a><br \/>\n4. <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\">@binance<\/a><br \/>\n5. <a href=\"https:\/\/twitter.com\/MoonbeamNetwork?ref_src=twsrc%5Etfw\">@MoonbeamNetwork<\/a><\/p>\n<p>You can access our a\u0335\u035a\u0319\u032d\u031f\u0353\u035b\u0351l\u0336\u0322\u0328\u0348\u0333\u033b\u0300\u031ap\u0338\u0355\u032d\u0330\u031c\u0310\u0345h\u0336\u032a\u0330\u035a\u0355\u0301\u0313\u0300\u0301\u0304a\u0338\u0329\u0339\u0333\u0333\u0347\u0305\u0300 \u0335\u0348\u0324\u0332\u0352\u0346\u030c release<a href=\"https:\/\/t.co\/B9spJVXTay\">https:\/\/t.co\/B9spJVXTay<\/a> <a href=\"https:\/\/t.co\/r0DtiywycS\">https:\/\/t.co\/r0DtiywycS<\/a> <a href=\"https:\/\/t.co\/5Pk5oEBAne\">pic.twitter.com\/5Pk5oEBAne<\/a><\/p>\n<p>\u2014 Joseph Delong (@josephdelong) <a href=\"https:\/\/twitter.com\/josephdelong\/status\/1367226781393166336?ref_src=twsrc%5Etfw\">March 3, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Previously, SushiSwap operated only on the Ethereum platform, for which the problem of scaling <a href=\"https:\/\/u1f987.com\/en\/news\/fee-share-in-ethereum-miners-revenue-tops-50\">and high fees<\/a> has long been characteristic.<\/p>\n<p>In the coming weeks, the DeFi project Alpha Homora will also launch on Binance Smart Chain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Excited to announce that Alpha Homora will be launching on <a href=\"https:\/\/twitter.com\/hashtag\/BinanceSmartChain?src=hash&#038;ref_src=twsrc%5Etfw\">#BinanceSmartChain<\/a> in the coming weeks!<\/p>\n<p>This allows a larger DeFi user base to earn high lending interest on BNB + take leveraged yield farming positions on <a href=\"https:\/\/twitter.com\/PancakeSwap?ref_src=twsrc%5Etfw\">@PancakeSwap<\/a>. <a href=\"https:\/\/twitter.com\/cz_binance?ref_src=twsrc%5Etfw\">@cz_binance<\/a> <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\">@binance<\/a> <a href=\"https:\/\/t.co\/HqXiD1N5L3\">https:\/\/t.co\/HqXiD1N5L3<\/a><\/p>\n<p>\u2014 Alpha Finance Lab (@AlphaFinanceLab) <a href=\"https:\/\/twitter.com\/AlphaFinanceLab\/status\/1366964481180327941?ref_src=twsrc%5Etfw\">March 3, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier ForkLog reported that the AMM platform <a href=\"https:\/\/u1f987.com\/en\/news\/defi-project-1inch-launches-governance-token-on-binance-smart-chain\">1inch released a governance token on the Binance Smart Chain<\/a>.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The value locked in the PancakeSwap protocol on the Binance Smart Chain (BSC) exceeded $4 billion.<\/p>\n","protected":false},"author":1,"featured_media":38334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1307,1093,1446,1391],"class_list":["post-38333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bnb-chain","tag-defi","tag-pancakeswap","tag-uniswap-uni"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38333"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38333\/revisions"}],"predecessor-version":[{"id":38335,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38333\/revisions\/38335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38334"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}