About PancakeSwap

PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

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The LP tokens are called FLIP tokens. PancakeSwap also allows users to farm additional tokens – CAKE and SYRUP. On the farm, users can deposit LP tokens, locking them up in a process that rewards users with CAKE. Users can stake CAKE tokens to receive SYRUP, which will have further functionality as governance tokens (and as tickets in a lotteries).

PancakeSwap Technical Details

Network

Blockchain
Binance Chain

PancakeSwap FAQ

What is the price of PancakeSwap today?

As of Apr 8, 2026, PancakeSwap trades at $1.49.

What is the market cap of PancakeSwap?

PancakeSwap has a market capitalization of $489,795,590.60.

What is the 24-hour trading volume of PancakeSwap?

PancakeSwap has a 24-hour trading volume of $36,341,657.08.

What is the all-time high of PancakeSwap?

PancakeSwap reached an all-time high of $44.18, recorded on Apr 30, 2021. It is currently 96.62% below its all-time high.

What is the all-time low of PancakeSwap?

PancakeSwap recorded an all-time low of $0.00023, recorded on Sep 29, 2020. It is currently 644.27 thousand percent above its all-time low.

What is the TVL of PancakeSwap?

PancakeSwap has a total value locked of $2,064,971,827.

What is the market cap to TVL ratio of PancakeSwap?

PancakeSwap has a market cap to TVL ratio of 0.24x.

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