DeFi Spotlight: PancakeSwap's CAKE token has seen a surge in adoption, with a 300% increase in trading volume over the past week. Its decentralized exchange (DEX) has also surpassed Uniswap in average daily volume. As the DEX market continues to grow, CAKE's prospects look promising.

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This surge in adoption is a testament to PancakeSwap's innovative approach to DEXs. CAKE's success will likely continue as the decentralized finance space continues to expand.