Total Value Locked
$1.8B
24h Volume
$320.0M
Swap Fee
0.25%
Chains Supported
5
About PancakeSwap
PancakeSwap is the largest DEX on BNB Chain (formerly Binance Smart Chain), offering low-cost trading with transaction fees around $0.10 per swap. Launched in September 2020, it quickly became the go-to platform for retail traders seeking affordable DeFi access. Beyond simple token swaps, PancakeSwap provides a complete ecosystem including yield farming, lottery, prediction markets, NFT marketplace, and perpetual futures trading via partnerships. The CAKE token powers governance and offers generous staking rewards through Syrup Pools. PancakeSwap has expanded to Ethereum, Arbitrum, Base, and other chains while maintaining its BNB Chain dominance.
Supported Blockchains
Features
Pros & Cons
Pros
- Very low fees on BNB Chain
- All-in-one DeFi platform
- High CAKE staking rewards
- Gamified features and engagement
Cons
- BNB Chain centralization concerns
- Lower liquidity than Uniswap
- CAKE token inflation from emissions
Fee Structure
Swap Fee 0.25%
Maker Fee Free
Taker Fee 0.25%
Security & Info
Audited
Yes
Auditors
CertiK Slowmist PeckShield
Governance CAKE
Launch Date September 20, 2020