PancakeSwap (CAKE)
Total Value Locked$2.744b
TVL by Chain
BSC$2.504b
staking$68.68m
Solana$63.4m
Base$37.38m
Ethereum$28.84m
opBNB$19.27m
Arbitrum$16.79m
Monad$1.87m
ZKsync Era$1.73m
Aptos$1.47m
Linea$498,365
Polygon zkEVM$63,863
Key Metrics
Fees (Annualized)$264.87m
Fees 30d$21.71m
Fees 7d$4.32m
Fees 24h$539,714
Cumulative Fees$3.149b
Revenue (Annualized)$88.09m
Revenue 30d$7.22m
Revenue 7d$1.29m
Revenue 24h$186,012
Cumulative Revenue$660.71m
Holders Revenue (Annualized)$53.2m
Holders Revenue 30d$4.36m
Holders Revenue 7d$785,697
Holders Revenue 24h$109,165
Cumulative Holders Revenue$829.51m
Incentives (Annualized)$27.86m
Incentives 30d$2.28m
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.493b
Earnings (Annualized)$60.22m
Earnings 30d$4.94m
Earnings 7d$1.29m
Earnings 24h$186,012
Cumulative Earnings-$2.832b
DEX Volume 30d$65.397b
DEX Volume 7d$11.69b
DEX Volume 24h$1.841b
Cumulative DEX Volume$1.907t
Perp Volume 30d$1.343b
Perp Volume 7d$141.7m
Perp Volume 24h$12.29m
Cumulative Perp Volume$58.14b
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$791.25m
$CAKE Price$2.35
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$823.82m
Outstanding FDV$825.32m
$CAKE Volume 24h$44.32m
CEX Volume$22.66m
DEX Volume$18.4m(41.51% of total)
Staked$68.68m(8.68% of mcap)
$CAKE Liquidity$23.85m
PancakeSwap AMM$14.19m
Uniswap V3$8.87m
PancakeSwap AMM V3$412,968
PancakeSwap AMM V3$339,394
PancakeSwap AMM V3$43,502
Total Raised$0
Jun 7, 2022Round: Strategic Investors: Binance LabsSource: https://twitter.com/binance/status/1533748368882778112
User Activity
Active Addresses (24h)117,254
Transactions (24h)803,011
Gas Used (24h)$12,243
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: All fees comes from the user fees, which is 0.25% of each trade.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: Swap fees paid by usersView code on GitHubPancakeSwap Prediction: 3% from winners' share is taken as feeView 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: Revenue is 50% of the fees paid by users.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: Percentage of swap fees going to treasury and/or token holdersView code on GitHubPancakeSwap Prediction: All the fee is kept as revenueView 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% is used to facilitate CAKE buyback and burn.View code on GitHubPancakeSwap StableSwap: A 40% of the fees is used to facilitate CAKE buyback and burn.View code on GitHubPancakeSwap AMM V1: Money going to governance token holdersView code on GitHubPancakeSwap AMM V3: Swap fees collected by Pancakeswap used for buyback and burn CAKEView code on GitHubPancakeSwap Infinity: Money going to governance token holdersView 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 that go through the protocol
Perp Volume: Notional volume of all trades in the protocol, includes leverage
Options Premium Volume: Sum of value paid buying and selling options
Options Notional Volume: Sum of the notional value of all options that have been traded on the protocol
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
Income Statement for PancakeSwap
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $84.41m | $178.61m | $190.52m | $108.79m | $106.7m | $40.46m | $57.77m | $105.48m | $42.76m | $38.39m | $70.83m | $50.25m | $49.86m | $103.06m | $236.21m | $284.46m | $621.98m | $320.07m | $458.51m | $0 | $0 | $0 |
| Revenue | $27.83m | $53.27m | $12.33m | $10.59m | $26.01m | $8.5m | $12.22m | $24.34m | $9.1m | $10.34m | $20.17m | $15.12m | $15.37m | $21.68m | $48.42m | $58.31m | $127.51m | $65.61m | $93.99m | $0 | $0 | $0 |
| Incentives | $3.94m | $0 | $6.79m | $633,220 | $0 | $10,156 | $169,689 | $7.02m | $4.13m | $7.82m | $33.81m | $83.11m | $103.85m | $92.02m | $160.91m | $220.87m | $455.09m | $810.53m | $1.051b | $410.49m | $38.2m | $2.68m |
| Earnings | $23.89m | $53.27m | $5.54m | $9.96m | $26.01m | $8.49m | $12.05m | $17.32m | $4.96m | $2.52m | -$13.63m | -$67.99m | -$88.49m | -$70.34m | -$112.49m | -$162.56m | -$327.58m | -$744.92m | -$956.57m | -$410.49m | -$38.2m | -$2.68m |
| Token Holder Net Income | $17.59m | $38.98m | $31.9m | $3.07m | $17.83m | $4.86m | $7.03m | $18.05m | $6.63m | $7.52m | $14.82m | $12.27m | $11.72m | $32.05m | $74.4m | $89.6m | $195.92m | $100.82m | $144.43m | $0 | $0 | $0 |