PancakeSwap, the leading decentralized exchange (DEX) on BNB Chain, is outperforming Uniswap due to a spike in memecoin activity on the chain. The parabolic rise makes CAKE the best-performing large-cap cryptocurrency over the last day and week. CAKE is up 41% in the last 24 hours and 67% in the last seven days. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io