Cryptos: 8 650
Exchanges: 44
Market capitalization: $2.57T

About PancakeSwap

PancakeSwap is a decentralized exchange (DEX) that operates on an automated market maker model, allowing users to swap crypto tokens and provide liquidity through smart contracts. It was launched in December 2020 on BNB Smart Chain and has since expanded to several other blockchain networks. Its native token is CAKE.

The project is developed by a pseudonymous team, and its protocol is governed by CAKE holders through community voting. The platform offers token swapping, liquidity pools, yield farming, staking, and perpetual futures trading. It is aimed at crypto users who want to trade tokens on-chain without a centralized intermediary.

CMC Score

Based on data, no reviews yet
3.6
out of 5
  • Traffic6.5 / 10
  • Security record9 / 10
  • Age6.4 / 10
  • Market size (TVL)8.4 / 10
Data coverage: 75%
How the score is calculated

The CMC Score combines public data — traffic, app ratings, security record, age, community and market size — with users' reviews. Missing data is skipped rather than counted as zero, and the less is known about a company, the closer its score stays to the middle of the scale.

Key facts

Total value locked
$2.4B
Volume (24h)
$890.3M
Audits
Several audits
Monthly visits
≈1.5M
Tranco rank
#21,141

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CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.

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