BNB Chain's Maxwell upgrade boosts its DEX monthly trading volume to a new high

According to Cryptoslate, the Maxwell network improvement of BNB Chain was launched on June 30th and is expected to significantly improve transaction speed, enhance network responsiveness, and optimize communication between validators on the BSC. This upgrade includes three main proposals, including BEP-524, BEP-563, and BEP-564, each focusing on optimizing performance and scalability. BEP-524 introduces faster block spacing to achieve near instant transaction confirmation and improve the user experience of DeFi and GameFi applications. BEP-563 strengthens the validator consensus process by enhancing peer-to-peer messaging and reducing the risk of missing votes and synchronization delays. BEP-564 introduces two new message types, including GetBlocksByRangeMSG and RangeBlocksMsg, to accelerate data synchronization across validator nodes. Maxwell's upgrade comes at a critical moment, and BNB Chain has reached a new milestone in the DEX event. BNB Chain leads all blockchains in daily DEX trading volume for the second consecutive month. DeFiLlama's data shows that BSC's 30 day DEX transaction volume exceeded $165 billion in June, surpassing the sum of Ethereum and Solana. This is the highest monthly trading volume for DEX in the history of BNB Chain.