Decentralized exchange PancakeSwap reported a record $749 billion in trading volumes for the third quarter of 2025, marking a 42% increase from the previous quarter. The platform also expanded its user base to 11.8 million and achieved a cumulative trading volume of over $2.49 trillion across 10 blockchains. Key trading pairs included BR-USDT, USDT-WLFI, and KOGE-USDT. The significant growth is attributed to the launch of PancakeSwap Infinity and the expansion of its ecosystem. The platform's total value locked (TVL) reached $2.5 billion, with a 24-hour trading volume of $3 billion, underscoring its robust market presence.