BNB Chain's DEX Volume Surges 81.34% as Binance's Zero-Fee Initiative Drives Activity
1min read BNB Chain has recently experienced a significant surge in its decentralized exchange (DEX) volume and total value locked (TVL), indicating a strong resurgence in the ecosystem. The network recorded a 24-hour dex volume of $2.61 billion, contributing to a weekly total of over $15.6 billion, marking an 81.34% increase. This surge is accompanied by a 5.6% rise in TVL, now standing at $5.4 billion, and an increase in active addresses to 1.14 million.
This momentum can be attributed to several strategic initiatives by Binance, the network's backer. The introduction of zero trading fees on all swaps within the Binance Wallet, effective from March 17, 2024, to September 17, 2025, has incentivized increased trading activity. This move not only attracts retail traders but also enhances liquidity across the platform. Additionally, the launch of Binance Alpha 2.0 has provided users with a more cohesive and efficient trading experience, encouraging deeper engagement within the BNB Chain ecosystem.
Binance's dominance in the crypto space further bolsters BNB Chain's growth. With $59.3 million in exchange volume and 4.83 million weekly active users, Binance's ecosystem reach is unrivaled. This dominance translates into a robust network effect for BNB Chain, driving greater liquidity, higher activity, and more developers building on-chain. As user flows concentrate further into the Binance ecosystem, BNB Chain could evolve from a DeFi rebound story into a multi-vertical powerhouse, spanning gaming, real-world assets (RWAs), and AI-linked decentralized applications (dApps).
Ask Aime: What factors are driving the surge in BNB Chain's DEX volume and TVL?
The recent surge in metrics such as TVL and daily active users suggests that the so-called “BNB season” might not be over just yet. Traders and developers alike are beginning to circle back to the Binance-backed ecosystem, signaling a strong comeback for BNB Chain. The network's strategic initiatives and Binance's market dominance position BNB Chain for renewed growth, with the potential to become a leading player in various verticals within the crypto space.
