BNB Chain DEX Trading Volume Reaches Three-Month Peak: Outperforms Ethereum, Falls Short of Solana.

BNB Chain has reached its peak daily trading volume on decentralized exchanges (DEX), totaling $3.22 billion on May 14, as per data from DefiLlama.

This increase signifies a significant rebound in on-chain activities for the Binance-supported blockchain, suggesting an uptick in market interest coinciding with recent ecosystem developments and enhancements to the protocol.

Trading Activity on the Rise

Entrepreneur Elja Boom highlighted this rise in a post on May 15. Though the current volume remains a fraction of its all-time high of $12.99 billion, achieved on May 19, 2021, it indicates an essential recovery following a period of lower trading volumes.

On that day, other prominent blockchains displayed varying performances. Solana led with $4.549 billion, surpassing BNB Chain, while Ethereum recorded a modest $2.753 billion in DEX volume. In contrast, Tron lagged, bringing in only about $218.36 million.

Trade volumes on DEXs are critical within decentralized finance (DeFi) as they reflect the market’s activity, liquidity levels, and trader participation.

Throughout 2025, decentralized exchanges on Solana recorded the highest single-day volumes, with nearly $36 billion traded on January 18. In comparison, BSC and Ethereum reported much lower figures, with $8.45 billion on January 20 for BSC and approximately $7.65 billion for Ethereum on February 3.

Anticipated Upgrades to Enhance Adoption

The recent increase in volume for BNB Chain coincides with ongoing efforts to upgrade its infrastructure. A February 12 update indicated plans for sub-second block times, gasless transactions, and AI-driven tools to be introduced this year.

These advancements aim to enable the chain to handle at least 100 million transactions daily, while also enhancing accessibility for both everyday users and developers.

Additionally, the launch of the USD1 stablecoin by the Trump-supported World Liberty Financial (WLFI) on BNB Chain and Ethereum in early March, along with Abu Dhabi-based investment firm MGX’s announcement of using it for a $2 billion investment settlement in Binance, has further fueled this momentum.

This recovery might indicate a larger trend of capital movement among different blockchains. Although Ethereum continues to dominate as the leading Layer 1 network for DeFi with a total value locked (TVL) of $60.96 billion—despite a recent drop of 4.91%—market observers like Boom believe that the rising DEX volume for BNB Chain may reflect growing confidence in the platform. As he stated, “BNB Chain season is back again.”