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PancakeSwap(CAKE)

Total Value Locked$2.29b

TVL by Chain

BSC$2.221b

Ethereum$28.36m

Base$20.94m

Arbitrum$7.69m

Solana$5.77m

Robinhood Chain$3.22m

Monad$1.16m

Aptos$962,400

ZKsync Era$531,616

Linea$190,903

opBNB$128,997

Arc$2,538

Polygon zkEVM$0

Key Metrics

Fees 30d$10.98m
Fees 30d by chain

BSC$10.32m

Base$371,145

Ethereum$116,361

Solana$79,459

Arbitrum$71,822

Monad$15,764

Robinhood Chain$5,633

Aptos$3,016

opBNB$508.58

ZKsync Era$477.62

Linea$185.56

Fees 7d$2.93m

BSC$2.74m

Base$101,972

Ethereum$50,235

Arbitrum$19,242

Solana$18,275

Monad$3,150

Robinhood Chain$591.32

Aptos$568

opBNB$273.33

ZKsync Era$125.63

Linea$35.80

Fees 24h$697,093

BSC$658,559

Base$21,627

Arbitrum$9,604

Solana$4,223

Ethereum$2,218

Monad$536

Aptos$116

Robinhood Chain$92.36

opBNB$81.44

ZKsync Era$27.88

Linea$8.03

Cumulative Fees$1.467b

BSC$1.41b

Base$25.47m

Ethereum$13.66m

Arbitrum$7.04m

Solana$3.29m

Aptos$3.2m

ZKsync Era$1.91m

Monad$1.11m

Linea$954,990

opBNB$351,248

Robinhood Chain$124,220

Polygon zkEVM$31,888

Revenue 30d$3.7m
Revenue 30d by chain

BSC$3.5m

Base$123,062

Ethereum$37,619

Arbitrum$23,665

Solana$14,509

Monad$5,249

Robinhood Chain$1,827

Aptos$965.78

opBNB$162.98

ZKsync Era$155.07

Linea$60.51

Revenue 7d$995,431

BSC$934,178

Base$33,781

Ethereum$16,293

Arbitrum$6,315

Solana$3,296

Monad$1,051

Robinhood Chain$194.09

Aptos$182.78

opBNB$87.52

ZKsync Era$40.51

Linea$11.71

Revenue 24h$233,349

BSC$221,355

Base$7,172

Arbitrum$3,111

Ethereum$718

Solana$709

Monad$180

Aptos$37

Robinhood Chain$30.12

opBNB$25.78

ZKsync Era$9.03

Linea$2.61

Cumulative Revenue$483.56m

BSC$465.29m

Base$8.36m

Ethereum$4.53m

Arbitrum$2.33m

Aptos$1.02m

ZKsync Era$617,397

Solana$576,424

Monad$366,262

Linea$312,853

opBNB$112,488

Robinhood Chain$39,921

Polygon zkEVM$10,351

Holders Revenue 30d$2.43m
Holders Revenue 30d by chain

BSC$2.32m

Base$57,204

Ethereum$24,111

Arbitrum$13,554

Solana$7,565

Monad$2,821

Robinhood Chain$1,103

Aptos$695.91

opBNB$116.84

ZKsync Era$100.36

Linea$37.55

Holders Revenue 7d$656,280

BSC$624,490

Base$15,609

Ethereum$9,972

Arbitrum$3,708

Solana$1,623

Monad$555

Aptos$130.91

Robinhood Chain$97.66

opBNB$62.99

ZKsync Era$26.07

Linea$7.04

Holders Revenue 24h$157,290

BSC$150,984

Base$3,291

Arbitrum$2,045

Ethereum$466

Solana$348

Monad$88

Aptos$27

opBNB$18.56

Robinhood Chain$16.08

ZKsync Era$5.38

Linea$1.63

Cumulative Holders Revenue$312.77m

BSC$302.63m

Base$4.56m

Ethereum$2.45m

Arbitrum$1.2m

Aptos$736,684

ZKsync Era$397,757

Solana$293,645

Monad$204,425

Linea$184,303

opBNB$80,445

Robinhood Chain$27,627

Polygon zkEVM$5,640

Incentives 1y$13.77m

Incentives 30d$1.3m

Incentives 7d$288,291

Incentives 24h$0

Cumulative Incentives$111.34m

Earnings (Annualized)$46.93m

Earnings 30d$2.41m

Earnings 7d$707,141

Earnings 24h$233,349

Cumulative Earnings$372.22m

DEX Volume 30d$23.528b
DEX Volume 30d by chain

BSC$19.897b

Base$2.688b

Solana$421.17m

Ethereum$310.45m

Arbitrum$161.74m

Robinhood Chain$25.21m

Monad$22.02m

Aptos$1.2m

ZKsync Era$624,503

Linea$416,737

opBNB$151,724

DEX Volume 7d$6.119b

BSC$4.978b

Base$788.31m

Ethereum$192.23m

Solana$109.31m

Arbitrum$41.4m

Robinhood Chain$4.88m

Monad$4.61m

Aptos$227,095

ZKsync Era$159,592

Linea$96,965

opBNB$55,626

DEX Volume 24h$1.068b

BSC$860.91m

Base$165.75m

Solana$25.38m

Arbitrum$10.01m

Ethereum$4.5m

Monad$910,419

Robinhood Chain$712,581

ZKsync Era$47,656

Aptos$46,448

Linea$17,876

opBNB$12,908

Cumulative DEX Volume$2.139t

BSC$1.929t

Base$121.066b

Arbitrum$39.034b

Ethereum$25.553b

Solana$15.708b

ZKsync Era$4.402b

Linea$1.95b

Monad$1.432b

opBNB$387.21m

Polygon zkEVM$161.48m

Robinhood Chain$92.13m

Aptos$25.17m

DEX Notional Volume 30d$9.77m
DEX Notional Volume 30d by chain

BSC$9.77m

DEX Notional Volume 7d$2.51m

BSC$2.51m

DEX Notional Volume 24h$421,793

BSC$421,793

Cumulative DEX Notional Volume$727.27m

BSC$727.27m

DEX Aggregator Volume 30d$1.307b

DEX Aggregator Volume 7d$323.07m

DEX Aggregator Volume 24h$57.26m

Cumulative DEX Aggregator Volume$3.042b

Perp Volume 30d$0
Perp Volume 30d by chain

Arbitrum$0

Base$0

BSC$0

Perp Volume 7d$0

Arbitrum$0

Base$0

BSC$0

Perp Volume 24h$0

Arbitrum$0

Base$0

BSC$0

Cumulative Perp Volume$60.081b

BSC$54.949b

Arbitrum$4.711b

Base$421.46m

Options Premium Volume 30d$0

Options Premium Volume 7d$0

Options Premium Volume 24h$0

Cumulative Options Premium Volume$1.25m

Options Notional Volume 30d$0

Options Notional Volume 7d$0

Options Notional Volume 24h$0

Cumulative Options Notional Volume$390.48m

Market Cap$657.88m

$CAKE Price$2

All Time High$43.96

All Time Low$0.19

View $CAKE token page

Fully Diluted Valuation$681.01m

$CAKE Volume 24h$61.12m

CEX Volume$19.49m

DEX Volume$48.03m(78.6% of total)

Staked$51.37m(7.81% of mcap)

Total RaisedUndisclosed

Jun 7, 2022Round: StrategicInvestors: Binance Labs

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Protocol Information

Trade. Earn. Win. NFT.

WebsiteGitHubX/TwitterSafe Harbor Agreement
Categories:DexsOptionsDerivativesPrediction MarketLuck GamesDEX Aggregator
Products:

Yields

Pools Tracked156

Average Supply APY11.35%

User Activity

Active Addresses (24h)374,935

Transactions (24h)4.4m

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

PancakeSwap AMM - All fees comes from the user.View code on GitHubPancakeSwap StableSwap - Total swap fees charged to traders, using each pool's on-chain fee rate.View code on GitHubPancakeSwap AMM V1 - Swap fees paid by usersView code on GitHubPancakeSwap AMM V3 - Total trading fees - sum of LP fees and protocol fees. LP fees vary by pool type (0.25% for most pools, with some special pools having different rates). Protocol fees are 0.05% for most pools.View code on GitHubPancakeSwap Infinity - Total swap fees paid by users.View code on GitHubPancakeSwap Prediction - 3% of each round's total pot, counting both the winning and the losing stakes, taken when the round settles. When a round ends with nobody to pay out - the price finishes exactly where it started, or every bet was on the losing side — the whole pot goes to the treasury instead.View code on GitHubPancakeSwap Lottery - 20% of the lottery amount goes to CAKE buy-back and burnView code on GitHub

Revenue:

PancakeSwap AMM - All revenue generated comes from user fees.View code on GitHubPancakeSwap StableSwap - Half of the swap fees (the pool admin fee); the other half stays with liquidity providers.View code on GitHubPancakeSwap AMM V1 - Percentage of swap fees going to treasury and/or token holdersView code on GitHubPancakeSwap AMM V3 - Pancakeswap collects amount of swap fees for Treasury and buy back CAKE.View code on GitHubPancakeSwap Infinity - Share of swap fees to protocol and holders.View code on GitHubPancakeSwap Prediction - All of the fee is kept. Winners are paid out of the losing stakes, so there are no liquidity providers or market makers taking a share.View code on GitHubPancakeSwap Lottery - 20% of the lottery amount goes to CAKE buy-back and burnView code on GitHub

Holders Revenue:

PancakeSwap AMM - 0.0575% of each swap is used to buy back and burn CAKE since 16 June 2022, 0.05% before.View code on GitHubPancakeSwap StableSwap - 40% of swap fees (80% of the admin fee) funds CAKE buyback and burn.View code on GitHubPancakeSwap AMM V1 - Money going to governance token holdersView code on GitHubPancakeSwap AMM V3 - Swap fees collected to buyback and burn CAKE: 15% fees in 0.01%, 0.05% tier pools, 23% fees in 0.25%, 1% tier poolsView code on GitHubPancakeSwap Infinity - 50% of revenue are used to buy back and burn CAKEView code on GitHubPancakeSwap Prediction - All the revenue goes to CAKE buyback and burnView code on GitHubPancakeSwap Lottery - 20% of the lottery amount goes to CAKE buy-back and burnView code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Notional Volume: Notional volume of all trades on protocol

DEX Aggregator Volume: Volume of all spot token swaps routed through the DEX aggregator

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Options Premium Volume: Sum of value paid buying and selling options on the exchange

Options Notional Volume: Sum of the notional value of all options that have been traded on the exchange

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

PancakeSwap history

TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Apr 22, 2021 to Nov 5, 2026.

All-time high TVL: $7.795b on May 3, 2021. All-time low TVL: $598 on Apr 22, 2021.

Daily TVL, Oct 7, 2026 to Nov 5, 2026

DateTVL
Oct 7, 2026$2.303b
Oct 8, 2026$2.254b
Oct 9, 2026$2.193b
Oct 10, 2026$2.189b
Oct 11, 2026$2.199b
Oct 12, 2026$2.206b
Oct 13, 2026$2.017b
Oct 14, 2026$2.017b
Oct 15, 2026$1.992b
Oct 16, 2026$1.987b
Oct 17, 2026$2.135b
Oct 18, 2026$2.128b
Oct 19, 2026$2.38b
Oct 20, 2026$2.387b
Oct 21, 2026$2.397b
Oct 22, 2026$2.403b
Oct 23, 2026$2.373b
Oct 24, 2026$2.377b
Oct 25, 2026$2.375b
Oct 26, 2026$2.371b
Oct 27, 2026$2.378b
Oct 28, 2026$2.38b
Oct 29, 2026$2.372b
Oct 30, 2026$2.262b
Oct 31, 2026$2.252b
Nov 1, 2026$2.245b
Nov 2, 2026$2.25b
Nov 3, 2026$2.229b
Nov 4, 2026$2.222b
Nov 5, 2026$2.296b

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$1.907b
Jan 31, 2025$1.8b
Feb 28, 2025$1.656b
Mar 31, 2025$1.606b
Apr 30, 2025$1.678b
May 31, 2025$1.762b
Jun 30, 2025$1.763b
Jul 31, 2025$2.057b
Aug 31, 2025$2.158b
Sep 30, 2025$2.451b
Oct 31, 2025$2.731b
Nov 30, 2025$2.63b
Dec 31, 2025$2.387b
Jan 31, 2026$2.406b
Feb 28, 2026$1.958b
Mar 31, 2026$2.047b
Apr 30, 2026$2.15b
May 31, 2026$2.333b
Jun 30, 2026$2.039b
Jul 31, 2026$2.059b
Aug 31, 2026$2.247b
Sep 30, 2026$2.289b
Oct 31, 2026$2.252b
Nov 5, 2026 (latest)$2.296b

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$5.427b
Dec 31, 2022$2.401b
Dec 31, 2023$1.656b
Dec 31, 2024$1.907b
Dec 31, 2025$2.387b

Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026

MonthFeesRevenueHolders revenue
Dec 2024$20.66m$7.2m$5.01m
Jan 2025$17.74m$6.2m$4.33m
Feb 2025$42.64m$14.14m$9.96m
Mar 2025$27.52m$9.26m$6.51m
Apr 2025$14.71m$5.1m$3.55m
May 2025$29.2m$9.92m$5.82m
Jun 2025$39.28m$13.22m$7.02m
Jul 2025$28.8m$9.78m$5.41m
Aug 2025$20.8m$7.16m$4.28m
Sep 2025$38.41m$12.8m$8.32m
Oct 2025$78.33m$25.67m$17.16m
Nov 2025$33.67m$11.34m$6.93m
Dec 2025$16.98m$5.76m$3.66m
Jan 2026$17.27m$5.88m$3.82m
Feb 2026$11.64m$3.99m$2.56m
Mar 2026$11.95m$4.15m$2.72m
Apr 2026$11.43m$3.88m$2.59m
May 2026$9.66m$3.32m$2.19m
Jun 2026$10.05m$3.42m$2.23m
Jul 2026$6.61m$2.28m$1.47m
Aug 2026$17.54m$5.78m$3.92m
Sep 2026$24.3m$7.91m$5.36m
Oct 2026$11.82m$3.96m$2.6m
Nov 2026 (to date)$1.85m$632,637$431,767

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/pancakeswap

Frequently asked questions

What is PancakeSwap's TVL?

As of Nov 5, 2026, PancakeSwap has $2.29b in total value locked. TVL has decreased 1.1% over the past 30 days.

What chains does PancakeSwap operate on?

PancakeSwap operates on 13 chains: BSC, Ethereum, Aptos, Base, and Arbitrum and 8 others. BSC holds the largest share at 97%.

How much has PancakeSwap generated in fees and revenue?

Over the past 30 days, PancakeSwap generated $10.98m in fees. Of that, $3.7m was protocol revenue. Based on the trailing year, the annualized rate is $179.91m in fees and $60.7m in revenue.

What is the CAKE token price and valuation?

CAKE is currently trading at $2. Its circulating market capitalization is $657.97m, ranking it #124. Its fully diluted valuation is $681.11m. Supply currently stands at 328.25m circulating, 339.8m total supply, 400m maximum supply.

How has CAKE performed recently?

CAKE is down 3% over the past 7 days and down 18.5% over the past 30 days. Its all-time high is $43.96, reached on Apr 30, 2021. The token is currently 95.5% below that level.

Which protocols are included in PancakeSwap?

PancakeSwap is a parent protocol whose tracked products include PancakeSwap AMM, PancakeSwap AMM V3, PancakeSwap Infinity, PancakeSwap StableSwap, and PancakeSwap Options and 6 others.

How much trading volume does PancakeSwap process?

PancakeSwap processed $23.528b in DEX volume over the past 30 days.