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PancakeSwap

PancakeSwap is a decentralized exchange for swapping BEP-20 tokens on Binance Smart Chain.

Go to PancakeSwapView Ecosystem

PancakeSwap

  • Leading BNB Chain DEX: PancakeSwap is the primary decentralized exchange on the BNB Smart Chain, offering high liquidity and significantly lower gas fees compared to Ethereum-based competitors.
  • Automated Market Maker (AMM): The platform allows users to swap tokens directly from their wallets without intermediaries, using liquidity pools rather than traditional order books.
  • CAKE Token Ecosystem: Users can earn the native CAKE token by providing liquidity to "Farms" or staking in "Syrup Pools," which offers various yield-generating opportunities.
  • Low Swap Fees: Standard trading fees are typically 0.25% for V2 and tiered for V3, with a large portion of the fee redistributed to liquidity providers and used for CAKE token burns.

Pros & Cons

Strengths

  • + Extremely high liquidity on BNB Chain
  • + Lower transaction fees compared to Ethereum mainnet DEXs
  • + Wide variety of features including lottery, games, and prediction markets
  • + Supports concentrated liquidity for better capital efficiency
  • + No KYC required; permissionless and decentralized

Weaknesses

  • - Limited to EVM-compatible networks and Aptos; no native Bitcoin support
  • - Highly competitive ecosystem; farming yields on CAKE can be inflationary
  • - Users must manage their own network gas fees and wallet security

AI-Verified Data

supported networks
BNB Chain, Ethereum, Polygon, zkSync Era, Arbitrum, Linea, Base, Aptos
PancakeSwap is a multi-chain DEX supporting major EVM chains and Aptos.
fee tiers
0.01%, 0.05%, 0.25%, 1%
V3 AMM fee tiers allow liquidity providers to choose the best option for pair volatility.
governance token
CAKE
CAKE is the utility and governance token used for farming, voting, and lottery.
amm type
V2 & V3 (Concentrated Liquidity)
Offers both classic V2 AMM and V3 concentrated liquidity for capital efficiency.
non custodial
Yes
Users trade directly from their private wallets without depositing to a central authority.
wallet support
MetaMask, Trust Wallet, WalletConnect, Coinbase Wallet, Binance Web3 Wallet
Broad support for all major mobile and desktop web3 wallets.

PancakeSwap Ecosystem

No verified products discovered yet.

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