|24 Hour Trading Vol||131080630>|
|Fully Diluted Valuation||2814478122>T|
Mar 18 20233.921100100368
Feb 23 20234.118739156566
Apr 05 20229.905513937012
Apr 30 2021
Mar 19 20233.7
Mar 12 20233.497391838886
Jun 19 20222.671956657713
Nov 03 2020
|Sr.||Exchange||Pair||Price||Spread||Volume||Volume%||Confidence||Last Traded||Trust Score|
PancakeSwap is an automated market maker (AMM) – a decentralised finance (DeFi) platform that lets users swap tokens while also generating liquidity through farming and earning fees.
PancakeSwap is a decentralised exchange (DEX) powered by Binance Smart Chain that was created by anonymous developers with an apparent love for pancakes.
It is a decentralised exchange for trading BEP20 tokens on Binance Smart Chain that started in September 2020. PancakeSwap utilizes an automated market maker model in which customers trade against a liquidity pool. Users fill these pools by contributing money, in exchange for which they are given tokens known as liquidity provider (LP) providers.
These tokens can then be used to regain their part of the pool and a fraction of the trading commissions. These LP tokens are known by the term FLIP. Users of PancakeSwap may also farm other tokens like CAKE and SYRUP. Users can put LP tokens on the farm and earn CAKE as a reward.
PancakeSwap lets users trade BEP20 tokens, providing liquidity to the exchange and earning fees, staking LP tokens to earn CAKE, staking CAKE to earn extra CAKE, and staking CAKE to earn tokens from other projects.
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