PancakeSwap (CAKE)
Total Value Locked$2.041b
TVL by Chain
BSC$1.869b
Solana$58.89m
Ethereum$50.09m
Base$33.01m
Arbitrum$17.2m
opBNB$7.33m
Aptos$2.24m
ZKsync Era$1.44m
Linea$969,304
Polygon zkEVM$101,117
Key Metrics
Fees (Annualized)$5.459b
Fees 30d$447.45m
Fees 7d$93.46m
Fees 24h$9.16m
Cumulative Fees$4.066b
Revenue (Annualized)$1.337b
Revenue 30d$109.59m
Revenue 7d$29.91m
Revenue 24h$2.93m
Cumulative Revenue$930.16m
Holders Revenue (Annualized)$1.254b
Holders Revenue 30d$102.76m
Holders Revenue 7d$21.48m
Holders Revenue 24h$2.11m
Cumulative Holders Revenue$1.055b
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.738b
Earnings (Annualized)$1.337b
Earnings 30d$109.59m
Earnings 7d$29.91m
Earnings 24h$2.93m
Cumulative Earnings-$2.808b
DEX Volume 30d$186.921b
DEX Volume 7d$39.878b
DEX Volume 24h$3.87b
Cumulative DEX Volume$1.993t
Perp Volume 30d$564.83m
Perp Volume 7d$164.83m
Perp Volume 24h$83.98m
Cumulative Perp Volume$49.66b
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$966.03m
$CAKE Price$2.8
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$1.022b
$CAKE Volume 24h$135.6m
CEX Volume$87.71m
DEX Volume$43.52m(32.1% of total)
Staked$105.94m(10.97% of mcap)
$CAKE Liquidity$22.58m
PancakeSwap AMM$13.18m
Uniswap V3$8.85m
PancakeSwap AMM V3$553,559
Total Raised$0
Jun 7, 2022Round: Strategic Investors: Binance LabsSource: https://twitter.com/binance/status/1533748368882778112
PancakeSwap (CAKE)
Total Value Locked$2.041b
TVL by Chain
BSC$1.869b
Solana$58.89m
Ethereum$50.09m
Base$33.01m
Arbitrum$17.2m
opBNB$7.33m
Aptos$2.24m
ZKsync Era$1.44m
Linea$969,304
Polygon zkEVM$101,117
Key Metrics
Fees (Annualized)$5.459b
Fees 30d$447.45m
Fees 7d$93.46m
Fees 24h$9.16m
Cumulative Fees$4.066b
Revenue (Annualized)$1.337b
Revenue 30d$109.59m
Revenue 7d$29.91m
Revenue 24h$2.93m
Cumulative Revenue$930.16m
Holders Revenue (Annualized)$1.254b
Holders Revenue 30d$102.76m
Holders Revenue 7d$21.48m
Holders Revenue 24h$2.11m
Cumulative Holders Revenue$1.055b
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.738b
Earnings (Annualized)$1.337b
Earnings 30d$109.59m
Earnings 7d$29.91m
Earnings 24h$2.93m
Cumulative Earnings-$2.808b
DEX Volume 30d$186.921b
DEX Volume 7d$39.878b
DEX Volume 24h$3.87b
Cumulative DEX Volume$1.993t
Perp Volume 30d$564.83m
Perp Volume 7d$164.83m
Perp Volume 24h$83.98m
Cumulative Perp Volume$49.66b
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$966.03m
$CAKE Price$2.8
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$1.022b
$CAKE Volume 24h$135.6m
CEX Volume$87.71m
DEX Volume$43.52m(32.1% of total)
Staked$105.94m(10.97% of mcap)
$CAKE Liquidity$22.58m
PancakeSwap AMM$13.18m
Uniswap V3$8.85m
PancakeSwap AMM V3$553,559
Total Raised$0
Jun 7, 2022Round: Strategic Investors: Binance LabsSource: https://twitter.com/binance/status/1533748368882778112
Development Activity
Updated at Jun 17, 2025
Weekly commits10
Monthly commits291
Weekly developers5
Monthly developers13
Last commit17/06/25 (a month ago)
User Activity
Active Addresses (24h)50,024
Transactions (24h)331,521
Gas Used (24h)$16,639
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 V3: Swap fees paid by usersView code on GitHubPancakeSwap Infinity: Swap fees paid by usersView 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 V3: Percentage of swap fees going to treasury and/or token holdersView code on GitHubPancakeSwap Infinity: Percentage of swap fees going to treasury and/or token holdersView 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 V3: Money going to governance token holdersView 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
| 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 | $365.99m | $527.9m | $442.15m | $174.73m | $71.08m | $102.25m | $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 | $98.8m | $114.24m | $116m | $46.5m | $18.21m | $26.45m | $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 | $0 | $3.56m | $633,220 | $0 | $10,156 | $169,689 | $60.67m | $36.74m | $20.27m | $31.96m | $80.59m | $121.66m | $94.99m | $195.22m | $220.92m | $553.13m | $709.99m | $1.162b | $405.18m | $38.06m | $2.48m |
| Earnings | $98.8m | $110.68m | $115.37m | $46.5m | $18.2m | $26.28m | -$36.34m | -$27.64m | -$9.93m | -$11.79m | -$65.47m | -$106.3m | -$73.31m | -$146.8m | -$162.6m | -$425.62m | -$644.38m | -$1.068b | -$405.18m | -$38.06m | -$2.48m |
| Token Holder Net Income | $83.99m | $112.65m | $83.68m | $33.71m | $13.2m | $19.12m | $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 |