Just a matter of time until UNISWAP (ETH) got beaten by PancakeSwap (BSC)

[numanoid]

As usual, i hate talk bullshit, here is the proof of user who registered and using UNISWAP (ETH) vs PancakeSwap (BSC)



Binance to the MOOOOOOONNNNN!!!

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[DaMut]

 

They might be have a little difference in their 24h userbase. but how about their total transaction?
it is quite far with almost 30% difference between those two.
based on that data, I believe it will take more time than you think for pancakeswap to overtake uniswap. I still believe, it will not happen this year or anytime soon.

[susuberuang]

Currently the number of transactions between Uniswap (ETH) and Pancakeswap (BSC) has a very significant difference, Uniswap (ETH) is still superior to Pancakeswap (BSC), and in my opinion BSC will not outperform ETH in the near future, however, if Uniswap  (ETH) does not fix gas prices or high fees, I am sure that Pancakeswap will slowly lose its dominance by Uniswab (ETH).

[numanoid]

Today, March 10th, UNISWAP got beaten by PANCAKESWAP in last 24 hours.

Will not happen this year or anytime soon you said? The FACT is UNISWAP got BEATEN by PANCAKESWAP already. Uni also has been around 3 years old launched while PANCAKE has launched on Sept last year.

Currently the number of transactions between Uniswap (ETH) and Pancakeswap (BSC) has a very significant difference, Uniswap (ETH) is still superior to Pancakeswap (BSC), and in my opinion BSC will not outperform ETH in the near future, however, if Uniswap  (ETH) does not fix gas prices or high fees, I am sure that Pancakeswap will slowly lose its dominance by Uniswab (ETH).

The f*ck you said?

[Dave1]

Very interesting info, the gap is getting closer, meaning many are moving to PancakeSwap and if the trend continues, maybe in the next 3 months or less we will see PancakeSwap overtaking Uniswap here. And we have seen that BSC is also eating up some of ETH as well. So it's going to be a race here, Eth2.0 better be ready full and functional and working in their most touted release otherwise we might see flipping here.

[DaMut]

Will not happen this year or anytime soon you said? The FACT is UNISWAP got BEATEN by PANCAKESWAP already. Uni also has been around 3 years old launched while PANCAKE has launched on Sept last year.

just checked it and honestly can not believe the 300.000.000$ difference between total transaction can be done in a few hours, that is not by any means small amount.
it feels like more and more people coming in into pancakeswap at this point.
is there any new project that could gain a lot of people attention on bsc side? I might be missed something here.

[LGD2Business]

That was inevitable result, only a small percentage of people play in eth based defis but everybody can do whatever they want in bsc defis, thanks to 100x less fees.

I expect Pancakeswap to pass all other defis in the long run.

[ivankoh]

As usual, i hate talk bullshit, here is the proof of user who registered and using UNISWAP (ETH) vs PancakeSwap (BSC)



Binance to the MOOOOOOONNNNN!!!

I agree that a very large user base is making a big move towards san Pancake.  There is no reason to trust the loyal number of ETH's users leaving Uni, just relying on the volume of transactions will not make a specific assessment.  Pancake capitalization increased rapidly with BNB when they took advantage of the temporary power of BSC.  But remember that the trust gap between Uni and ETH is huge.  I judge that in a short time Pancake will not be able to win the UNI throne.  Not to mention, when ETH 2.0 is successful, the gap will be extremely large.  Right now, Uni is still the most popular decentralized exchange.

[coinswebid]

That was inevitable result, only a small percentage of people play in eth based defis but everybody can do whatever they want in bsc defis, thanks to 100x less fees.

I expect Pancakeswap to pass all other defis in the long run.

well, if the fees on ethereum network still high,
i believe pancakeswap will beat uniswap, but if the fees decreasing i think uniswap will always be a leader mate

[bassbity]

I am very supportive of your statement, BSC needs to summon all investors under the ERC20 umbrella to immigrate .. and tell the small traders, BSC really welcomes you. let the Ethereum moneylenders go crazy.

[jostorres]

 

They might be have a little difference in their 24h userbase. but how about their total transaction?
it is quite far with almost 30% difference between those two.
based on that data, I believe it will take more time than you think for pancakeswap to overtake uniswap. I still believe, it will not happen this year or anytime soon.

It is not about passing right now, uniswap is still ahead, and for a while there were more transactions on pancakeswap than uniswap as well but it was a quick few days, but that means that we could always reach that. However the biggest difference is that you are saying 30% difference but the marketcap is not like that, bnb marketcap is lower than eth (bsc vs erc20) and uniswap is bigger than pancakeswap, and by bigm argins as well, the difference between users on uniswap vs pancakeswap or even transactions on uniswap vs pancakeswap doesn't reflect on the prices right now and that is the main point.

BNB and CAKE should be a lot higher because they are closer than what the prices suggest. That is why I think it is quite important that we do not let this be seen as "it is sill ahead" because if it is slightly ahead but the prices are 10x different that matters a lot.

[sayaya17]

This is good news for Pancakeswap which is currently above Uniswap, it's because of the very friendly costs that BSC offers,
so I see bnb is currently rising again in price. Perhaps for BNB coin holders this is very profitable. It's a brilliant solution also
to get cheap gas costs, so Pancakeswap is increasing rapidly by market capitalization. Outstanding achievement!

[hd49728]

It is about total registered users on Uniswap (ETH) and PancakeSwap (BSC) and with the huge user communities from Binance exchange, PankeSwap will grow more. In the locked value, Uniswap is challenged by Curve Finance. The total locked value of Curve Finance increases a lot and if it can keep up this good growth, it will beat Uniswap next month.

If you check their charts, Curve Finance did beat Uniswap around 22 Feb to 24 Feb 2021. After the falls of two swaps, Curve Finance falls deeper than Uniswap.

https://defipulse.com/
https://defipulse.com/uniswap
https://defipulse.com/curve-finance

[leea-1334]

They all are equally meaningless to me since I do not trade anymore and definitely still do not trust defi yet:)

But my question here is,,, what has pancakeswap got over uni? Is uni already doing a third version now for example? I mean, surely there is a reason people choose one over the other. What is this reason?

[Retainly_Collie]

They all are equally meaningless to me since I do not trade anymore and definitely still do not trust defi yet:)

But my question here is,,, what has pancakeswap got over uni? Is uni already doing a third version now for example? I mean, surely there is a reason people choose one over the other. What is this reason?

They believe their giant CZ will bring it to the moon, what is this to show the problem? I don't see much meaning between which is better, as there are still use cases. Previously I quite believed CZ's ambitions for this market, but lately he is playing a more KOL role.

[ven7net]

And here is the talk again about the eternal struggle against ETH. Of course, now ETH and its network are experiencing a problem related to the load on the network and prices for commissions, but this does not mean at the moment that Ethereum has come to an end or with it, someone is fighting. This is called a market and there should be competition in the market, thanks to which we have the opportunity to see many improvements in crypto. But why is all of this constantly being touted as a fight against ETH? Personally, I do not like it when they talk about the imminent death of ETH, since all these conversations ultimately boil down to one thing, ETH was, is and will continue to be.

[bassbity]

And here is the talk again about the eternal struggle against ETH. Of course, now ETH and its network are experiencing a problem related to the load on the network and prices for commissions, but this does not mean at the moment that Ethereum has come to an end or with it, someone is fighting. This is called a market and there should be competition in the market, thanks to which we have the opportunity to see many improvements in crypto. But why is all of this constantly being touted as a fight against ETH? Personally, I do not like it when they talk about the imminent death of ETH, since all these conversations ultimately boil down to one thing, ETH was, is and will continue to be.

all Eth needs to do is provide relief, that's all and stop the joke of those who want to continue to have more ambition regardless of the network underneath. maybe for Eth it was only natural, when the respect had been felt by it. however, the fate of altcoin that come under the network will be ridiculed by crypto traders. moreover the newcomer altcoin are using ERC20, it is very unforgiving in the market. Isn't this an example we've seen a lot of trouble arising from Eth transaction fee rioting? let's say like Round 2 of the AMEPAY project which until now the stag has not been distributed properly until now. until the reputation of the campaign manager is at stake. all because of Eth selfishness.

[deathcode]

To be honest I was surprised by what happened this year. the emergence of UniSwap and PancakeSwap greatly stimulated trade.
Pancakes are becoming more crowded possibly due to increased trade and frequent events on the binance smart chain. a major factor also lies in the extremely hostile costs of trading at UniSwap. and BSC provides a solution.
if we look at UniSwap, we don't even see that much anymore. but the BSC quickly gained market enthusiasm.
once again, Binance has one simply amazing product. happy binance.

[AnonBitCoiner]

Bsc had eating up a Ethereum a lot. Many new project.The Ethereum team should look into the further development and make a less transaction fee.Ethereum 2.0 should short all this or else the flipping happen for sure. Uniswap had a good over through in a market. Because the uniswap had a set of tokens that keep a widespread among the bounty hunters.

[Icologies]

I think it's something that will happen where PancakeSwap or BSC can beat uniswap ETH it could be because the fees are very high for transactions at Uniswap and in the end many users fled to PancakeSwap or bsc because the bsc network only requires a small fee and of course it is liked by all users