What is PancakeSwap (CAKE)?

If someone wants to exchange one crypto for another on the BNB Chain (formerly Binance Smart Chain), they are most likely going to use PancakeSwap, the leading decentralized exchange (or DEX) on the BNB Chain. PancakeSwap allows users to exchange between any number of BNB Chain supported cryptocurrencies. PancakeSwap’s $CAKE token is used for transaction fees, staking, and holders of the $CAKE token can also vote on the future of the product.
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CAKE
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Cryptohunt's Opinion

Our take on PancakeSwap

PancakeSwap is the premier token exchange for users of the BNB Chain. Given how many users are on the platform, and the popularity of their liquidity pools, which are collections of tokens that people contribute to get rewards, we believe this is one of the highest value dApps within the BNB Chain community. While the BNB Chain itself has a substantial amount of scam tokens and projects, PancakeSwap is a legitimate, great dApp.
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How do you feel about PancakeSwap?

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What makes PancakeSwap special?
PancakeSwap is a powered by, uses to validate transactions, and is. PancakeSwap also supports.

Interesting facts about PancakeSwap

Here are some facts you may not already know about PancakeSwap. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Trading fees on Pancake Swap are known to be much more affordable compared to other exchanges.

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Pancake Swap is often compared to Uniswap on Ethereum as both allow users to swap tokens.

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Pancake Swap is the most popular exchange on the BNB Chain.

PancakeSwap reviews from the cryptohunt community

Dive deeper into the different opinions about PancakeSwap and learn how others feels about it.
PancakeSwap
Negative review
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0xBrettH
5 mo. ago

From a technical standpoint, Pancake Swap, as a fork of Uniswap, is fine. The best way to interact with the DEX is through non-trading options like farming, staking, etc as the BNB chain is riddled with scam tokens/rug pulls. While they do provide the standard "Everyone can make a token - beware of scams." warning, your best bet would be to avoid Pancake Swap and the BNB chain altogether.

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PancakeSwap price and insights

See how much PancakeSwap is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 1 community reviews
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
27,973
7% of them are active
# Telegram members
72,146
3% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like PancakeSwap, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
27,973
# Active Discord members
2,043
# Telegram members
72,146
# Active Telegram members
2,256

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