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    PancakeSwap
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PancakeSwap - Logo

PancakeSwap(CAKE)

Standardized
Exchanges (DEX)
Price
~$1.9719
Live
ATH
$42.46
3.5y ago
ATL
$0.2234
4.0y ago
Chains
6 chains

7d price+22.0%

30d price+8.2%

90d price+23.5%

180d price-23.7%

Learn more

What is PancakeSwap?

PancakeSwap is a non-custodial exchange protocol built on Binance Smart Chain and other blockchains (originally a fork of Uniswap). PancakeSwap was founded by an anonymous team and launched in 2020.

How does PancakeSwap work?

Liquidity providers deposit funds into PancakeSwap and receive trading fees from traders (supply-side fees).

Who governs PancakeSwap?

CAKE tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue).

Related posts

15-minute fundamentals with PancakeSwap

In this episode of 15-minute fundamentals, we dive into the current state of PancakeSwap with Head Chef, Mochi.
RevenuePancakeSwap's share of trading fees$30Connects liquidity providers and tradersSupply-side feesLiquidity providers' share of trading fees$70Liquidity providersFeesTrading fees$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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