PancakeSwap
Spot + Perp$2.600.50% 24h
Visit PancakeSwap ↗
Beginner friendlyLow fees
BNB Chain's flagship AMM across 11 chains, with a beginner-friendly UI.
◆
For beginners
Approachable and cheap — a very common first DeFi app.
Key metrics
24h volume
$1.80B
7d volume
$11.00B
Total value locked
$2.18B
Open interest
$120.0M
Active addr · 30d
410K
Market share
n/a
Market cap
$820.0M
Maker / taker fee
0% / 0.25%
Max leverage
50×
Trading pairs
6,100
The honest take
Pros
✓Very low fees and a colorful, approachable interface
✓Huge selection of pools and yield options across 11 chains
✓New Infinity CLMM engine reaches top-tier volumes
Cons
✕Perps are secondary to the spot product
✕CAKE token has fairly high emissions
Made your choice?
Start trading on PancakeSwap
Non-custodial — connect your wallet and you stay in control of your funds. Leverage is high-risk; only trade what you can afford to lose.
BNB ChainEthereumBase+2Spot + Perp
Open PancakeSwap ↗
Visit pancakeswap.finance
Affiliate link · dexwatch may earn a commission at no extra cost to you.
Frequently asked about PancakeSwap
Is PancakeSwap safe to use?
PancakeSwap has a dexwatch security score of 83/100 (Solid). It has been audited by Certik, PeckShield, SlowMist, and because it is non-custodial you keep control of your funds in your own wallet.
What are the trading fees on PancakeSwap?
PancakeSwap charges a maker fee of 0% and a taker fee of 0.25%.
What is the maximum leverage on PancakeSwap?
PancakeSwap offers up to 50× leverage on supported markets. High leverage is extremely risky and can liquidate a position quickly — only trade what you can afford to lose.
Which blockchains does PancakeSwap support?
PancakeSwap operates on BNB Chain, Ethereum, Base, Arbitrum, +7.
Is PancakeSwap good for beginners?
Approachable and cheap — a very common first DeFi app.
Compare with similar venues
See full ranking →Learn before you trade
Open the Academy →Approximate snapshot from public trackers — figures move constantly and are for reference only, not financial advice. Updated May 30, 2026.