Weekly DEX Volume Hits Highest in a Year on BNB Chain

There are a few reasons behind the annual high. Lower fees on the BNB chain could mean users are more likely to trade there, Katie Talati, head of research at Arka, tried to explain the increase in volume. Another reason, he suggested, could be due to the popularity of Binance in the world of centralized exchanges. “It makes sense that users are migrated to the BNB chain after using Binance,” he said.