According to data from DefiLlama, the weekly trading volume on Binance's BNB Chain has reached its highest level in a year, with a volume of $5.11 billion in the week commencing May 7. This surge in volume could be attributed to the lower fees on the BNB Chain and Binance's popularity in the world of centralized exchanges. Additionally, Uniswap's expansion to the BNB Chain in March may have contributed to the increase in trading volume. DEXs are becoming more popular, possibly due to U.S. regulators cracking down on centralized exchanges, and Uniswap has surpassed Coinbase in trading volume for the fourth consecutive month.
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