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Three DEX Tokens to Keep an Eye On in the Third Week of June 2025

Three DEX Tokens to Keep an Eye On in the Third Week of June 2025

Recent activity in decentralized exchange tokens such as Pancakeswap (Cake), Uniswap (Uni), and Cetus Protocol (Cetus) has been notable as they head into the third week of June 2025.

Cetus is making a comeback after a $220 million exploit, implementing new security measures and compensation plans. As these DEX tokens signal potential growth, traders are keenly observing the upcoming breakout trends.

Pancakeswap (Cake)

Over the past month, the BNB chain has gained significant traction, leading the decentralized exchange (DEX) market with a substantial $142 billion trading volume. This figure places it ahead of major competitors like Solana, Ethereum, and Bass. In the last 24 hours alone, BNB recorded $44.9 billion in DEX volume, reflecting strong and sustainable user engagement.

This increase indicates heightened trust and efficiency within the DeFi ecosystem, solidifying BNB’s position as a key player in chain trading.

In the last 30 days, Pancakeswap has generated $45 million in revenue, ranking sixth among all protocols. If this upward trend continues, Cake, the platform’s token, could test resistance levels at $2.74 and possibly $2.94. However, if it falls below the support level of $2.54, there’s a risk of returning to $2.26 or even $2.21, so those levels will be crucial to watch shortly.

Uniswap (Uni)

Uniswap has recently drawn attention after recording an impressive monthly trading volume of $88.8 billion in May 2025. This surge shows a growing interest from new investors, driven by robust on-chain activity and increased regulatory clarity in the U.S.

Moreover, news about the SEC potentially preparing an “innovation exemption” to support DeFi protocols has fueled optimism in the sector. As a result, UNI has managed to breach key resistance levels in recent weeks, and traders are setting their sights on higher targets amidst technological advancements and a bullish market sentiment.

Yet, despite this positive momentum, the price of Uni is nearing a crucial support level at $7.70. A drop below that could erase some recent gains and lead to a retraction towards $7.11. On the other hand, if momentum returns, Uni might retest the resistance around $8.67, a threshold it reached four months prior.

With both favorable foundations and regulatory shifts at play, traders are closely monitoring whether UNI can sustain its upward trajectory or face profit-taking.

Cetus Protocol (Cetus)

Cetus Protocol, a decentralized exchange originating from SUI networks, restarted its operations in May 2025 after experiencing a significant $220 million exploit. This incident was linked to a flaw in its pricing mechanism that allowed attackers to siphon funds from the main liquidity pool.

The team successfully froze $162 million soon after the incident, although not all pools have fully recovered yet.

As part of its recovery strategy, Cetus is now focusing on open-source development and conducting new security audits while also pushing for a bug bounty program to strengthen its infrastructure going forward.

Once Cetus manages to regain investor confidence, it could potentially revisit a resistance level of $0.129 and push onward to $0.142 if it successfully breaks through.

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