Well, if you ever thought the world of decentralized exchanges (DEX) was a quiet little pond, think again, my friend. PancakeSwap (CAKE), Uniswap (UNI), and Cetus Protocol (CETUS) are making more noise than a steamboat on the Mississippi, and it’s only the third week of June 2025. CAKE is riding high on the BNB Chain’s wave of success, UNI is surging like a river in flood season, and CETUS is trying to stay afloat after a $220 million exploit. 🤑
Now, let’s talk about CETUS. After taking a dip in the river of misfortune, this little critter is back, sporting new security measures and compensation plans. It’s like a cat that’s been dragged through a briar patch and is now looking for a warm lap to sit on. Traders are watching closely, hoping CETUS can claw its way back to the top. 🐱🚀
PancakeSwap (CAKE)
BNB Chain has become the talk of the town, leading the DEX market with a whopping $142 billion in volume over the last 30 days. That’s more than Solana, Ethereum, and Base combined. In the past 24 hours alone, BNB has seen $4.49 billion in DEX volume, which is enough to make a mule kick up its heels. 🐴
This surge has made BNB the dominant force in on-chain trading, and it’s a sign that folks are starting to trust the DeFi ecosystem more than a politician’s promise. Over the past 30 days, PancakeSwap has raked in $45 million in revenue, ranking sixth among all protocols. Coinbase even listed it on June 12, which is like getting a gold star in school. 🌟
If this momentum keeps up, CAKE could push higher to test the resistance at $2.74 and maybe even $2.94 if the uptrend strengthens. But if support at $2.54 breaks, CAKE might slip back to $2.26 or even $2.21. These levels are like the high-water marks on a riverbank—important to watch if you don’t want to get swept away. 🌊
Uniswap (UNI)
Uniswap is making waves with a record monthly trading volume of $88.8 billion in May 2025—the highest since the start of the year. This surge is like a revival meeting, driven by strong on-chain activity, a growing treasury, and the promise of U.S. regulatory clarity. 📜
The SEC is reportedly preparing a potential “innovation exemption” for DeFi protocols, which is like a get-out-of-jail-free card for the sector. As a result, UNI has broken key resistance levels, and traders are eyeing higher targets. It’s like a horse that’s found its stride and is ready to race. 🏇
However, UNI is now near a critical support level at $7.70. If it breaks below that, it could pull back to $7.11, which would be a bit of a letdown. On the other hand, if momentum returns, UNI could climb back to test resistance at $8.67—a level that previously acted as a four-month high. Traders are watching closely to see if UNI can keep its head above water or if it’ll need to catch its breath. 🏊♂️
Cetus Protocol (CETUS)
Cetus Protocol, a DEX native to the Sui network, has relaunched after a $220 million exploit in May 2025. The attack was like a thief in the night, draining funds from major liquidity pools. The team managed to freeze $162 million, but not all pools were fully restored. 🛡️
As part of its recovery, Cetus is pushing for open-source development, new security audits, and a bug bounty program. If CETUS can regain investor confidence and buying pressure returns, the token could test the $0.129 resistance level and, if broken, push further toward $0.142. It’s a long road, but sometimes the best stories are the ones with the most twists and turns. 🛤️
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2025-06-13 02:33