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PancakeSwap(CAKE)

Total Value Locked$2.288b

TVL by Chain

BSC$2.22b

Ethereum$28.14m

Base$20.74m

Arbitrum$7.6m

Solana$5.81m

Robinhood Chain$2.9m

Monad$1.26m

Aptos$945,957

ZKsync Era$517,276

Linea$183,427

opBNB$123,354

Polygon zkEVM$0

Key Metrics

Fees 30d$11.88m
Fees 30d by chain

BSC$11.24m

Base$367,666

Ethereum$89,099

Solana$75,398

Arbitrum$67,232

Monad$20,398

Robinhood Chain$6,674

Aptos$3,123

opBNB$453.07

ZKsync Era$434.04

Linea$209.85

Fees 7d$2.46m

BSC$2.28m

Base$84,499

Ethereum$43,262

Arbitrum$23,252

Solana$17,925

Monad$4,387

Robinhood Chain$647.60

Aptos$631

ZKsync Era$142.80

opBNB$90.94

Linea$51.26

Fees 24h$528,706

BSC$483,773

Base$22,107

Ethereum$14,682

Solana$4,190

Arbitrum$2,763

Monad$802

Aptos$187

Robinhood Chain$138.23

opBNB$33.04

ZKsync Era$25.04

Linea$6.18

Cumulative Fees$1.465b

BSC$1.408b

Base$25.39m

Ethereum$13.63m

Arbitrum$7.02m

Solana$3.28m

Aptos$3.2m

ZKsync Era$1.91m

Monad$1.1m

Linea$954,960

opBNB$351,008

Robinhood Chain$123,767

Polygon zkEVM$31,888

Revenue 30d$3.98m
Revenue 30d by chain

BSC$3.78m

Base$121,944

Ethereum$28,819

Arbitrum$22,207

Solana$13,796

Monad$6,790

Robinhood Chain$2,163

Aptos$999.47

opBNB$144.69

ZKsync Era$140.87

Linea$68.32

Revenue 7d$842,130

BSC$787,013

Base$27,972

Ethereum$13,998

Arbitrum$7,592

Solana$3,595

Monad$1,454

Robinhood Chain$212.90

Aptos$202

ZKsync Era$45.98

opBNB$29.20

Linea$16.52

Revenue 24h$177,959

BSC$163,773

Base$7,335

Ethereum$4,813

Arbitrum$925.17

Solana$719

Monad$267

Aptos$60

Robinhood Chain$45.39

opBNB$10.54

ZKsync Era$7.98

Linea$2.02

Cumulative Revenue$482.74m

BSC$464.52m

Base$8.33m

Ethereum$4.52m

Arbitrum$2.32m

Aptos$1.02m

ZKsync Era$617,364

Solana$573,847

Monad$365,478

Linea$312,844

opBNB$112,411

Robinhood Chain$39,772

Polygon zkEVM$10,351

Holders Revenue 30d$2.61m
Holders Revenue 30d by chain

BSC$2.51m

Base$56,852

Ethereum$18,383

Arbitrum$12,433

Solana$7,214

Monad$3,648

Robinhood Chain$1,326

Aptos$720.09

opBNB$103.47

ZKsync Era$90.50

Linea$42.54

Holders Revenue 7d$543,726

BSC$514,045

Base$13,046

Ethereum$8,859

Arbitrum$4,670

Solana$1,984

Monad$810

Aptos$146

Robinhood Chain$104.37

ZKsync Era$30.93

opBNB$20.77

Linea$10.77

Holders Revenue 24h$111,141

BSC$104,207

Base$3,387

Ethereum$2,518

Arbitrum$452.01

Solana$358

Monad$142

Aptos$43

Robinhood Chain$21.28

opBNB$7.53

ZKsync Era$5.18

Linea$1.20

Cumulative Holders Revenue$312.22m

BSC$302.11m

Base$4.54m

Ethereum$2.44m

Arbitrum$1.2m

Aptos$736,596

ZKsync Era$397,736

Solana$292,380

Monad$204,012

Linea$184,298

opBNB$80,389

Robinhood Chain$27,551

Polygon zkEVM$5,640

Incentives 1y$13.85m

Incentives 30d$1.38m

Incentives 7d$314,884

Incentives 24h$0

Cumulative Incentives$111.05m

Earnings (Annualized)$48.44m

Earnings 30d$2.59m

Earnings 7d$527,246

Earnings 24h$177,959

Cumulative Earnings$371.69m

DEX Volume 30d$24.07b
DEX Volume 30d by chain

BSC$20.542b

Base$2.663b

Solana$395.43m

Ethereum$244.21m

Arbitrum$167.28m

Monad$28.46m

Robinhood Chain$27.55m

Aptos$1.25m

ZKsync Era$655,861

Linea$453,528

opBNB$178,869

DEX Volume 7d$6.298b

BSC$5.396b

Base$634.12m

Ethereum$129.45m

Solana$87.32m

Arbitrum$39.1m

Monad$5.64m

Robinhood Chain$5.56m

Aptos$252,380

ZKsync Era$124,146

Linea$80,722

opBNB$33,137

DEX Volume 24h$1.431b

BSC$1.122b

Base$171.31m

Ethereum$102.64m

Solana$23.72m

Arbitrum$9.13m

Robinhood Chain$1.37m

Monad$1.16m

Aptos$74,621

ZKsync Era$26,798

Linea$15,036

opBNB$9,341

Cumulative DEX Volume$2.134t

BSC$1.925t

Base$120.449b

Arbitrum$39.002b

Ethereum$25.454b

Solana$15.623b

ZKsync Era$4.402b

Linea$1.95b

Monad$1.429b

opBNB$387.16m

Polygon zkEVM$161.48m

Robinhood Chain$88.62m

Aptos$25.02m

DEX Notional Volume 30d$9.17m
DEX Notional Volume 30d by chain

BSC$9.17m

DEX Notional Volume 7d$2.59m

BSC$2.59m

DEX Notional Volume 24h$367,467

BSC$367,467

Cumulative DEX Notional Volume$725.13m

BSC$725.13m

DEX Aggregator Volume 30d$1.283b

DEX Aggregator Volume 7d$255.74m

DEX Aggregator Volume 24h$127.17m

Cumulative DEX Aggregator Volume$2.768b

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$655.24m

$CAKE Price$1.89

All Time High$43.96

All Time Low$0.19

View $CAKE token page

Fully Diluted Valuation$677.12m

$CAKE Volume 24h$71.29m

CEX Volume$24.36m

DEX Volume$48.68m(68.28% of total)

Staked$49.04m(7.48% 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 APY166.34%

User Activity

Active Addresses (24h)429,321

Transactions (24h)5.47m

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 Oct 30, 2026.

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

Daily TVL, Oct 1, 2026 to Oct 30, 2026

DateTVL
Oct 1, 2026$2.304b
Oct 2, 2026$2.325b
Oct 3, 2026$2.315b
Oct 4, 2026$2.34b
Oct 5, 2026$2.334b
Oct 6, 2026$2.315b
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

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$1.905b
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 30, 2026 (latest)$2.262b

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, Nov 2024 to Oct 2026

MonthFeesRevenueHolders revenue
Nov 2024$18.18m$6.33m$4.35m
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 (to date)$11.27m$3.78m$2.49m

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 Oct 30, 2026, PancakeSwap has $2.288b in total value locked. TVL has decreased <0.1% over the past 30 days.

What chains does PancakeSwap operate on?

PancakeSwap operates on 12 chains: BSC, Ethereum, Aptos, Base, and Arbitrum and 7 others. BSC holds the largest share at 97%.

How much has PancakeSwap generated in fees and revenue?

Over the past 30 days, PancakeSwap generated $11.88m in fees. Of that, $3.98m was protocol revenue. Based on the trailing year, the annualized rate is $184.74m in fees and $62.29m in revenue.

What is the CAKE token price and valuation?

CAKE is currently trading at $1.89. Its circulating market capitalization is $653.82m, ranking it #121. Its fully diluted valuation is $675.65m. Supply currently stands at 346.06m circulating, 357.62m total supply, 400m maximum supply.

How has CAKE performed recently?

CAKE is down 11.8% over the past 7 days and down 27.8% over the past 30 days. Its all-time high is $43.96, reached on Apr 30, 2021. The token is currently 95.7% 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 $24.07b in DEX volume over the past 30 days.