PancakeSwap
PancakeSwap is a popular DEX on BNB Smart Chain (BSC), offering low-fee trading, yield farming, and lottery features. It mirrors Uniswap’s AMM model but benefits from BSC’s faster and cheaper transactions. PancakeSwap supports a wide range of tokens and has an active user base. It’s best for those seeking DeFi tools outside Ethereum.
| PancakeSwap | |
|---|---|
| Type | Decentralized |
| Country / HQ Location | N/A (DEX) |
| Trading Fees (%) | ~0.25 |
| Number of Cryptocurrencies | 400+ |
| Fiat Support | No |
| Derivatives Offered | No |
| Security Features | Non-custodial, Smart Contract-based Security |
| Mobile App Available | Yes (Wallet integration) |
| Year Founded | 2020 |
| Regulatory Compliance | No central authority, Protocol governance |
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