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PancakeSwap

  • What it is:PancakeSwap is a decentralized exchange and automated market maker operating on multiple blockchains that enables users to trade cryptocurrencies and earn rewards through liquidity provision and staking.
  • Best for:BNB Chain token projects, Yield farmers seeking high APYs, Cost-conscious retail traders
  • Pricing:Free tier available, paid plans from 0.25%
  • Rating:85/100Very Good
  • Expert's conclusion:The primary DEX for BSC DeFi power users who are willing to take on the higher fees associated with trading on a DEX in order to get the higher liquidity and yields that are typically available on DEX's compared to CEX's.
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Reviewed byMaxim Manylov·Web3 Engineer & Serial Founder

What Is PancakeSwap and What Does It Do?

PancakeSwap is a decentralized exchange (DEX) and Automated Market Maker (AMM), created using the BNB Chain (previously called Binance Smart Chain). It offers Decentralized Finance (DeFi) services like token trading, Yield Farming, Staking, Liquidity Provision, Lotteries and Initial Farm Offerings (IFOs). As it is a community governed project, the "Kitchen" (an anonymous development team) has full control of developing and releasing updates.

Active
📍Japan
📅Founded 2020
🏢Decentralized Autonomous Organization (DAO)
TARGET SEGMENTS
Crypto Retail TradersDeFi UsersYield FarmersLiquidity Providers

What Are PancakeSwap's Key Business Metrics?

📊
September 2020
Launch Date
📊
CAKE
Native Token
📊
BNB Chain (BSC)
Blockchain
📊
Automated Market Maker (AMM)
Protocol Type
📊
High (leading DEX on BNB Chain)
Liquidity

How Credible and Trustworthy Is PancakeSwap?

85/100
Excellent

Proven longevity and high liquidity, and community governance have been established as a leading DEX on the BNB Chain since 2020, though anonymity of development team and dependency on BNB Chain have slightly impacted transparency.

BREAKDOWN
Product Maturity95/100
Company Stability85/100
Security & Compliance75/100
User Reviews90/100
Transparency65/100
Support Quality80/100
TRUST SIGNALS
Largest DEX on BNB ChainCommunity-governed DAO5+ years operational stabilityHigh liquidity and transaction volume

What is the history of PancakeSwap and its key milestones?

2020

PancakeSwap Launched

Launched as a Decentralized Exchange (DEX) on the Binance Smart Chain in September 2020, at a time when high Ethereum Gas Fees were causing many users to seek alternative options, making PancakeSwap one of the first and fastest growing DEXs.

2021

Food-Themed DEX Craze Winner

Due to strong community support and being on the BNB Chain (a chain that has lower transaction fees than Ethereum), PancakeSwap became the leading platform among Food-Themed DeFi Projects (e.g., SushiSwap, Yam, etc.).

2022

BNB Chain Rebranding

Adapted to Binance Smart Chain’s decision to rebrand itself as BNB Chain while continuing to remain the largest DEX.

2023

Ecosystem Expansion

Continuing to grow in popularity through the use of Syrup Pools, Lottery, IFOs and additional DeFi products offered by PancakeSwap.

What Are the Key Features of PancakeSwap?

✨
Token Swapping
Trade BEP-20 tokens immediately, using a low-cost automated market maker (AMM) model on the BNB Chain.
✨
Yield Farming
Earn CAKE tokens by providing liquidity to the various farming pools and participating in the Syrup Pools to earn CAKE rewards.
✨
Liquidity Pools
Earn trading fees by providing liquidity to each individual token pair, and due to the high volume of liquidity, all trades are executed very efficiently.
✨
Staking
Stake your CAKE tokens and receive rewards from the PancakeSwap platform while also participating in the governance of the platform.
✨
PancakeSwap Lottery
Participate in the PancakeSwap lottery using CAKE tickets and win large prizes awarded by the community.
✨
Initial Farm Offerings (IFO)
Participate in new token launches by pledging CAKE tokens to be used as a collateral to launch the new token.

What Technology Stack and Infrastructure Does PancakeSwap Use?

Infrastructure

BNB Chain (Binance Smart Chain) with multi-chain expansion support

Technologies

SolidityHardhatEthers.jsWeb3.js

Integrations

BNB ChainMetaMaskTrust WalletBinance Wallet

AI/ML Capabilities

N/A - Traditional smart contract DeFi protocol

Inferred from standard DeFi DEX architecture and official documentation patterns

What Are the Best Use Cases for PancakeSwap?

Retail Crypto Traders
Fast, low fee token swaps on the BNB Chain make it ideal for frequent traders who wish to avoid the high Ethereum Gas Costs associated with using Ethereum based platforms.
Yield Farmers
There are multiple farming pools and Syrup Pools available to provide CAKE rewards to liquidity providers at high Annual Percentage Yields (APYs).
DeFi Beginners
User-Friendly Interface allows for easy participation in yield farming, staking and lottery participation which lowers the entry barrier to new users.
Liquidity Providers
Provide liquidity to high volume pools with deep liquidity and earn both trading fees and CAKE rewards across those pools.
High-Frequency Traders
The BNB Chain allows for fast and cheap transactional activity which is suited to arbitrage and high frequency trading activities
NOT FORInstitutional Investors
This is not a recommendation as it does not have institutional grade custodial solutions or compliance functions that are required to meet regulatory requirements.
NOT FOREthereum Maximalists
The BNB Chain dependency will likely be at odds with the desire to utilize Ethereum only, although there are bridging solutions available.

How Much Does PancakeSwap Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
☐Service$CostℹDetails🔗Source
Token Listing$0Permissionless listing on PancakeSwap DEX, no exchange fee required—
Trading Fee (Base)0.25%Maker and taker fee on spot trading; higher than industry average of 0.15%—
Liquidity Provision$20K–$200K+Recommended budget for initial liquidity and market making on BNB/USDT pairs—
Fee Tiers (v3)0.01%, 0.05%, 0.25%, 1%Customizable swap fees; 0.25% typical for new tokens on BNB or USDT pairs—
Security & Audits$8K–$60KAudits, monitoring bots, legal review for token launches—
Marketing Budget$8K–$120KPR, KOLs, community building, tracker listings for launch success—
Token Listing$0
Permissionless listing on PancakeSwap DEX, no exchange fee required
Trading Fee (Base)0.25%
Maker and taker fee on spot trading; higher than industry average of 0.15%
Liquidity Provision$20K–$200K+
Recommended budget for initial liquidity and market making on BNB/USDT pairs
Fee Tiers (v3)0.01%, 0.05%, 0.25%, 1%
Customizable swap fees; 0.25% typical for new tokens on BNB or USDT pairs
Security & Audits$8K–$60K
Audits, monitoring bots, legal review for token launches
Marketing Budget$8K–$120K
PR, KOLs, community building, tracker listings for launch success

How Does PancakeSwap Compare to Competitors?

FeaturePancakeSwapUniswapSushiSwapQuickSwap
Core FunctionalityAMM swaps, farms, lotteryAMM swaps, poolsAMM swaps, farmsAMM swaps, farms
Supported ChainsBNB Chain, Ethereum, othersEthereum, L2sMulti-chainPolygon primarily
Trading Fee (Base)0.25%0.3%0.3%0.3%
Fee Tiers AvailableYes (0.01%-1%)Yes (4 tiers)YesYes
Free Tier AvailabilityN/A (permissionless)
Governance TokenCAKE (deflationary)UNISUSHIQUICK
Yield FarmingYes (high APYs)LimitedYesYes
API AvailabilityYes (public APIs)YesYesYes
NFT MarketplaceYesNoYesNo
Listing Cost$0 (permissionless)$0$0$0
Core Functionality
PancakeSwapAMM swaps, farms, lottery
UniswapAMM swaps, pools
SushiSwapAMM swaps, farms
QuickSwapAMM swaps, farms
Supported Chains
PancakeSwapBNB Chain, Ethereum, others
UniswapEthereum, L2s
SushiSwapMulti-chain
QuickSwapPolygon primarily
Trading Fee (Base)
PancakeSwap0.25%
Uniswap0.3%
SushiSwap0.3%
QuickSwap0.3%
Fee Tiers Available
PancakeSwapYes (0.01%-1%)
UniswapYes (4 tiers)
SushiSwapYes
QuickSwapYes
Free Tier Availability
PancakeSwapN/A (permissionless)
Uniswap—
SushiSwap—
QuickSwap—
Governance Token
PancakeSwapCAKE (deflationary)
UniswapUNI
SushiSwapSUSHI
QuickSwapQUICK
Yield Farming
PancakeSwapYes (high APYs)
UniswapLimited
SushiSwapYes
QuickSwapYes
API Availability
PancakeSwapYes (public APIs)
UniswapYes
SushiSwapYes
QuickSwapYes
NFT Marketplace
PancakeSwapYes
UniswapNo
SushiSwapYes
QuickSwapNo
Listing Cost
PancakeSwap$0 (permissionless)
Uniswap$0
SushiSwap$0
QuickSwap$0

How Does PancakeSwap Compare to Competitors?

vs Uniswap

In terms of the TVL on Ethereum, Uniswap leads however, on the BNB chain, PancakeSwap is the market leader and also offers a number of other advantages over Uniswap such as lower gas costs and faster transaction times.

For cost conscious traders on the BNB Chain, PancakeSwap is the preferred option, whereas for Ethereum loyalists, Uniswap is preferred.

vs SushiSwap

Both PancakeSwap and SushiSwap are decentralized exchange (DEX) models utilizing an automated market maker (AMM) model with farm components, however, PancakeSwap has a significantly larger TVL than SushiSwap ($1.8 billion+) and is the largest player in the BNB Chain space while SushiSwap is primarily focused on Ethereum.

For high volume traders on the BNB Chain, PancakeSwap is the best choice and for those who wish to pursue Ethereum based yield generating opportunities, SushiSwap is the best choice.

vs QuickSwap

QuickSwap is a competitor to PancakeSwap and utilizes the same AMM and farm model, however, it has significantly less TVL and therefore is smaller than PancakeSwap. Additionally, QuickSwap is primarily a polygon-based platform.

For high volume traders, the best choice is PancakeSwap, and for those who want to do low cost swaps on the Polygon chain, the best choice is QuickSwap.

vs Curve Finance

PancakeSwap is a general purpose decentralized exchange (DEX), while Curve is a specialized DEX for stable coin swaps. Curve provides better stable coin slippage than PancakeSwap, however PancakeSwap is far more versatile when it comes to volatile pairs and additional DeFi primitives.

The best choice for stable coin trading is Curve, and for traders that want to make broad token swaps and participate in farming, the best choice is PancakeSwap.

What are the strengths and limitations of PancakeSwap?

Pros

  • Permissionless listings — no listing fee, instant listing on DEX
  • Low Gas Fees — BNB Chain transactions are pennies, unlike the gas war battles on Ethereum
  • Rich Feature Set — swaps, farms, lottery, NFT Marketplace, prediction markets
  • High Liquidity — $1.8B+ TVL — deep order books, low slippage
  • Deflationary Tokenomics — 4% annual burn, 20% supply reduction by 2030
  • Multi-chain functionality — BNB Chain has more capabilities than other blockchains including Ethereum and Aptos.
  • History of success — has had millions of dollars in volume and has survived through several bear markets.

Cons

  • Higher trading fees — 0.25% base is higher than most of its competitors who have a 0.15% fee.
  • Dependence upon BNB Chain — if there were to be any problems or centralization issues within the BSC ecosystem they would affect this product.
  • Rug pull risk — because it is permissionless and open to anyone, scam tokens are able to take advantage of it even though audits recommend against such activity.
  • Too complicated for beginners — too many products make it difficult for a beginner to learn how to utilize DeFi.
  • Impermanent loss — the AMM pools will cause an investor to lose a portion of their investment when there is extreme market volatility.
  • Volatility of the price of the token — CAKE lost over 95% of its value since it reached all time highs, historical dilution due to emissions is another concern.
  • Not widely adopted by institutions — does not meet the level of compliance that CEX’s do nor does it provide custody solutions for institutions.

Who Is PancakeSwap Best For?

Best For

  • BNB Chain token projects — Has a permissionless listing process, with the deepest BNB/USDT liquidity pools and the lowest costs of launching
  • Yield farmers seeking high APYs — Provides competitive returns compared to Ethereum gas costs using CAKE farm and syrup pool mechanisms
  • Cost-conscious retail traders — Allows for sub-cent gas fees, which enables the user to make small trades at a high frequency, something that cannot be done on Ethereum
  • Multi-feature DeFi users — Allows the user to trade/swaps/farms/lottery/NFTs all in one interface without having to switch wallets
  • Experienced DeFi degens — The high-risk / high reward pools and prediction markets for the sophisticated trader.

Not Suitable For

  • Stablecoin-only traders — Offers a better stablecoin swap rate and lower slippage than Curve Finance
  • Ethereum maximalists — Provides deeper liquidity than Uniswap V3 for ETH and should always be used as a first option when utilizing decentralized exchanges (DEX) for native Ethereum.
  • Institutional investors — Does not have CEX-level KYC/AML compliance or institutional custody options, use a regulated exchange instead.
  • Complete DeFi beginners — Learning curve is steep when comparing the multiple products offered, begin with simpler interfaces like 1inch

Are There Usage Limits or Geographic Restrictions for PancakeSwap?

Trading Fee Tiers
0.01%, 0.05%, 0.25%, 1% (user-selectable)
Base Trading Fee
0.25% maker/taker (above industry avg 0.15%)
Liquidity Requirements
$20K–$200K recommended for new pools
Token Listing
Permissionless, no approval required
Supported Chains
BNB Chain primary, Ethereum, Aptos, others
CAKE Emissions
Deflationary target 4% annual burn
Slippage Tolerance
User-configurable, auto-adjusts for volatility
Wallet Compatibility
MetaMask, Trust Wallet, Binance Chain Wallet

Is PancakeSwap Secure and Compliant?

Permissionless ArchitectureNo centralized listing approval reduces attack surface but increases user responsibility for DYOR
Smart Contract AuditsCore contracts audited by top firms; v3 positions verified. Users should verify new pools.
Timelock & Multi-sigTreasury and protocol upgrades controlled by timelocks and multi-signature wallets
CAKE VestingTeam and investor tokens vested over multiple years to prevent dump pressure
Bug Bounty ProgramActive Immunefi program with $1M+ rewards paid for critical vulnerabilities
Decentralized GovernanceCAKE token holders vote on protocol upgrades via on-chain governance
Rug Pull MitigationNo fees for rugging but recommends renounce ownership, locked liquidity best practices

What Customer Support Options Does PancakeSwap Offer?

Channels
Official English group (t.me/pancakeswap) and local language groups; community-based supportOfficial server (discord.gg/pancakeswap); community supportTroubleshooting, General FAQ, and help guides at docs.pancakeswap.financePublic announcements and support inquiries (@pancakeswap)
Hours
24/7 community support via Telegram and Discord
Response Time
Community-dependent; no guaranteed response times
Specialized
Business inquiries via forms for token listing, yield farms, IFOs
Support Limitations
•No dedicated customer support service; relies on community channels
•Admins never send direct messages; beware of scams impersonating support
•No phone, email, or live chat support available

What APIs and Integrations Does PancakeSwap Support?

API Type
GraphQL API via SubQuery for data queries; smart contract interactions via Web3/RPC
Authentication
Wallet-based (MetaMask, WalletConnect); no API keys required for public endpoints
Webhooks
Not natively supported; use blockchain event listeners or The Graph for real-time updates
SDKs
ethers.js, web3.js for JavaScript; community SDKs on GitHub; no official SDKs
Documentation
Comprehensive developer docs at docs.pancakeswap.finance; code examples for swaps, liquidity, staking
Sandbox
Test on BSC Testnet with faucets; no dedicated sandbox environment
SLA
No formal SLA; depends on BNB Smart Chain network uptime (typically 99.9%+
Rate Limits
RPC node dependent (e.g., 100 req/sec on public nodes); unlimited on self-hosted
Use Cases
Automated trading, liquidity provision, yield farming, price oracles, portfolio tracking

What Are Common Questions About PancakeSwap?

The PancakeSwap Smart Contracts have been audited by companies such as CertiK and PeckShield. As a DeFi protocol, users must manage their own private keys and beware of scams.

Users can connect their wallet, go to the "Earn" page, and then deposit CAKE into a staking pool, and rewards are automatically compounded. Unstaking may have lock-up times depending on the pool and the user should verify.

CAKE can be staked to receive governance rewards. Farming allows users to create liquidity for two different tokens to earn CAKE and trading fees, however farming comes with the risk of impermanent loss.

Common problems: not enough BNB for gas, a lot of network congestion, too little slippage. Check the troubleshooting section at docs.pancakeswap.finance; you can also increase your gas price, or set a different slippage tolerance.

First, see if you can find what you need in the help section at docs.pancakeswap.finance. If you cannot, then ask in an official Telegram channel or the official Discord channel. Never give out private keys and do not answer direct messages from anyone claiming to be from PancakeSwap.

Trust Wallet (for mobile devices) is the best option for mobile users. MetaMask (as a browser extension) is the best option for desktop users, although users of both options should use a compatible wallet that supports the BSC network and is up to date.

Yes, PancakeSwap V2+ has implemented several "anti-flash loan" measures including TWAP Oracles and Safe Math. Most attacks have targeted other protocols that are interacting with PancakeSwap.

To connect to MetaMask, first you will need to add the BSC mainnet to MetaMask by entering chain ID = 56 and RPC = bsc-dataseed.binance.org. Once you've done this you will need to switch networks in MetaMask and then connect to your wallet on pancakeswap.finance.

Is PancakeSwap Worth It?

PancakeSwap is currently the largest decentralized exchange (DEX) in terms of cumulative volume ($100B+) on the BNB Smart Chain. It offers its users automated market makers for trading as well as yield farming and gaming features. Due to its battle-tested contracts and large amount of liquidity, PancakeSwap is a necessary tool for many BSC DeFi users. However, it's also important for users to realize that high gas prices may occur when the BSC network is congested and there are always risks of scams when using any DeFi application.

Recommended For

  • BSC Ecosystem users who want to trade and farm on a DEX with lower fees than those found on most other exchanges.
  • Yield Farmers who are comfortable with taking on impermanent loss risk.
  • Gamers using GameFi on the BNB Chain.
  • Traders who are looking for deep liquidity to trade their favorite altcoins.

!
Use With Caution

  • New DeFi users who have never used a DeFi application before and therefore don't know how to follow good DeFi security practices.
  • High volume traders on the BSC network during times of congestion.
  • Users who prefer to trade on CEX's because they are easier to use than self-custody wallets and they do not require knowledge of how to manage gas fees.

Not Recommended For

  • Investors who want fiat and regulated on-ramps into DeFi applications.
  • Users who do not want to manage their own private keys and pay high gas fees.
  • Risk adverse people who are afraid to use smart contract platforms.
Expert's Conclusion

The primary DEX for BSC DeFi power users who are willing to take on the higher fees associated with trading on a DEX in order to get the higher liquidity and yields that are typically available on DEX's compared to CEX's.

Best For
BSC Ecosystem users who want to trade and farm on a DEX with lower fees than those found on most other exchanges.Yield Farmers who are comfortable with taking on impermanent loss risk.Gamers using GameFi on the BNB Chain.

What do expert reviews and research say about PancakeSwap?

Key Findings

PancakeSwap provides community-based customer support using Telegram or Discord channels, but does not provide a formal support service. All of its features are well-documented by developers and have testnet support. PancakeSwap is currently the leading decentralized exchange (DEX) on the Binance Smart Chain (BSC) and has an extensive history of providing secure services to its customers. Additionally, PancakeSwap also has a very large FAQ section that addresses most questions users may have about its services.

Data Quality

Good - detailed official documentation available. No G2/Capterra ratings as DeFi protocol. User reviews consistent across sources.

Risk Factors

!
There is a large number of scams targeting PancakeSwap, which means there is little to no official direct messaging (DM) support from the company.
!
The BSC network can become congested at times which could negatively impact user experience when trading.
!
Support responses from the community supporting PancakeSwap vary depending on many factors such as how quickly they get notified about the issue, how busy they are etc.
!
Users who provide liquidity to PancakeSwap’s liquidity pool run the risk of impermanant losses if market conditions move against them.
Last updated: February 2026

What Additional Information Is Available for PancakeSwap?

Community

There are over 138K people participating in the English version of the Telegram group related to PancakeSwap with separate groups for other languages. Also, there is an active Discord channel (launched in November 2024). Lastly, users can participate in discussions related to PancakeSwap through the Reddit group called r/pancakeswap.

Social Media Presence

PancakeSwap has a strong social media presence (Twitter @pancakeswap), primarily used for making major announcements. In addition, PancakeSwap has a YouTube channel that hosts tutorial videos about the platform. Finally, PancakeSwap uses its Medium blog to announce any new updates regarding their services.

Security & Audits

The code base of PancakeSwap has been audited by multiple companies (Certik, PeckShield and others). All open source contract code is accessible on BscScan. In addition, PancakeSwap has implemented flash loan protection.

Multi-Language Support

There are over 13+ different language versions of the Telegram group for PancakeSwap, which include Chinese, Spanish, Russian and Vietnamese. In addition, the documentation provided by PancakeSwap is localized.

Ecosystem Features

PancakeSwap allows users to purchase tokens through Initial Farming Offerings (IFO), trade non-fungible tokens (NFTs) on a marketplace hosted by PancakeSwap, play a lottery game, participate in prediction markets, and perform the standard functions of a DEX (decentralized exchange) hosted on the BSC.

What Are the Best Alternatives to PancakeSwap?

  • •
    Uniswap: Uniswap is the top performing Ethereum based DEX with better user interface and user experience compared to PancakeSwap. However, due to higher gas fees associated with transacting on Ethereum, smaller trades will be more expensive to execute on Uniswap. Therefore, Uniswap is more geared towards whales within the Ethereum Ecosystem and institutional investors. (uniswap.org)
  • •
    SushiSwap: SushiSwap is a multi-chain DEX that offers SUSHI rewards and additional yield maximizing opportunities. It has more complex tokenomics compared to PancakeSwap. Therefore, it is recommended that yield maximizers use SushiSwap for their cross chain yield maximizing needs. (sushi.com)
  • •
    1inch: 1inch.io is a DEX aggregator that finds the best price across PancakeSwap and its competitors. 1inch.io is a low-cost solution for cost-conscious traders since it doesn't host liquidity pools but executes trades faster than any competitor.
  • •
    Trader Joe: TraderJoeXyz is a DEX hosted on Avalanche that offers the same type of Automated Market Maker (AMM) and farming features offered by PancakeSwap. However, unlike PancakeSwap, TraderJoeXyz charges lower fees than BSC during periods of congestion. Therefore, it is recommended that users who are part of the AVAX ecosystem use TraderJoeXyz. (traderjoexyz.com)
  • •
    Raydium: Raydium is a DEX hosted on Solana that offers a central limit order function in addition to Automated Market Makers (AMMs). Raydium offers ultra-low fees and extremely fast execution. Therefore, it is recommended that high frequency traders utilize Raydium for their needs on the Solana blockchain. (raydium.io)

What Are PancakeSwap's Trading Metrics?

$2.38B
Total Value Locked
$6.40B
24h Trading Volume
$1.81B
Liquidity
$656M
CAKE Market Cap
$45-72M
CAKE 24h Volume

Which Blockchains Does PancakeSwap Support?

BNB ChainEthereumArbitrumBasezkSync EraLineaMantleOPBNB

Multi-chain AMM with primary deployment on BNB Smart Chain

How Does PancakeSwap's Top Trading Pairs Compare?

Pair24h VolumeLiquidityFee Tier
CAKE/BNB$150M$120M0.25%
USDT/BNB$980M$450M0.01%
ETH/USDT$620M$280M0.05%
BTCB/BNB$420M$195M0.05%
USDC/BNB$310M$165M0.01%

Estimated top pairs by volume on PancakeSwap V3 (Feb 2026 data)

How Are Fees Structured for PancakeSwap?

Swap Fee Range
0.01% - 1.00%
Lp Fee Share
100% to liquidity providers
Protocol Fee
0% (all fees to LPs)
Gas Token
BNB (BNB Chain), ETH (Ethereum/L2s)
Average Gas Cost
$0.01-0.10 on BNB Chain, $2-15 on Ethereum, <$1 on L2s

What Is PancakeSwap's Security Audits Status?

Certik AuditV2/V3 Core - 2021-2023
Trail of Bits AuditV3 Contracts - 2023
PeckShield AuditCross-chain Bridge - 2024
Bug Bounty ProgramImmunefi - $1M+ rewards
Security IncidentsMinor exploits in 2021/2023, funds recovered
Formal VerificationKey contracts verified

What Is PancakeSwap's Governance Token?

Token Symbol
CAKE
Token Name
PancakeSwap
Total Supply
No hard cap (emissions + burns)
Circulating Supply
335M CAKE
Governance Rights
Protocol upgrades, treasury allocation, emission schedules via veCAKE
Staking Rewards
CAKE staking pools, farm emissions, 42% of supply staked
Listing Exchanges
Binance, Bybit, Gate.io, Kraken, PancakeSwap itself

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