PancakeSwap (CAKE)
Total Value Locked$2.122b
TVL by Chain
BSC$1.937b
Solana$60m
Ethereum$51.98m
Base$36.08m
Arbitrum$23.16m
opBNB$8.79m
Aptos$2.45m
ZKsync Era$2.18m
Linea$1m
Polygon zkEVM$91,277
Key Metrics
Fees (Annualized)$1.462b
Fees 30d$119.85m
Fees 7d$11.6m
Fees 24h$445,026
Cumulative Fees$3.313b
Revenue (Annualized)$428.62m
Revenue 30d$35.13m
Revenue 7d$3.74m
Revenue 24h$144,004
Cumulative Revenue$689.19m
Holders Revenue (Annualized)$328.01m
Holders Revenue 30d$26.89m
Holders Revenue 7d$2.53m
Holders Revenue 24h$70,021
Cumulative Holders Revenue$814.89m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.738b
Earnings (Annualized)$428.62m
Earnings 30d$35.13m
Earnings 7d$3.74m
Earnings 24h$144,004
Cumulative Earnings-$3.049b
DEX Volume 30d$63.461b
DEX Volume 7d$11.756b
DEX Volume 24h$1.658b
Cumulative DEX Volume$1.609t
Perp Volume 30d$744.44m
Perp Volume 7d$93.52m
Perp Volume 24h$8.03m
Cumulative Perp Volume$50.041b
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$991.67m
$CAKE Price$2.88
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$1.047b
Outstanding FDV$1.049b
$CAKE Volume 24h$93.07m
CEX Volume$59.14m
DEX Volume$24.95m(26.8% of total)
Staked$127.59m(12.87% of mcap)
$CAKE Liquidity$23.28m
PancakeSwap AMM$13.58m
Uniswap V3$9.1m
PancakeSwap AMM V3$602,433
Total Raised$0
Jun 7, 2022Round: Strategic Investors: Binance LabsSource: https://twitter.com/binance/status/1533748368882778112
PancakeSwap (CAKE)
Total Value Locked$2.122b
TVL by Chain
BSC$1.937b
Solana$60m
Ethereum$51.98m
Base$36.08m
Arbitrum$23.16m
opBNB$8.79m
Aptos$2.45m
ZKsync Era$2.18m
Linea$1m
Polygon zkEVM$91,277
Key Metrics
Fees (Annualized)$1.462b
Fees 30d$119.85m
Fees 7d$11.6m
Fees 24h$445,026
Cumulative Fees$3.313b
Revenue (Annualized)$428.62m
Revenue 30d$35.13m
Revenue 7d$3.74m
Revenue 24h$144,004
Cumulative Revenue$689.19m
Holders Revenue (Annualized)$328.01m
Holders Revenue 30d$26.89m
Holders Revenue 7d$2.53m
Holders Revenue 24h$70,021
Cumulative Holders Revenue$814.89m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.738b
Earnings (Annualized)$428.62m
Earnings 30d$35.13m
Earnings 7d$3.74m
Earnings 24h$144,004
Cumulative Earnings-$3.049b
DEX Volume 30d$63.461b
DEX Volume 7d$11.756b
DEX Volume 24h$1.658b
Cumulative DEX Volume$1.609t
Perp Volume 30d$744.44m
Perp Volume 7d$93.52m
Perp Volume 24h$8.03m
Cumulative Perp Volume$50.041b
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$991.67m
$CAKE Price$2.88
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$1.047b
Outstanding FDV$1.049b
$CAKE Volume 24h$93.07m
CEX Volume$59.14m
DEX Volume$24.95m(26.8% of total)
Staked$127.59m(12.87% of mcap)
$CAKE Liquidity$23.28m
PancakeSwap AMM$13.58m
Uniswap V3$9.1m
PancakeSwap AMM V3$602,433
Total Raised$0
Jun 7, 2022Round: Strategic Investors: Binance LabsSource: https://twitter.com/binance/status/1533748368882778112
User Activity
Active Addresses (24h)79,198
Transactions (24h)1.4m
Gas Used (24h)$24,283
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 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 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 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 | $168.07m | $204.89m | $106.92m | $352.92m | $40.33m | $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 | $35.51m | $10.88m | $8.73m | $103.52m | $8.37m | $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 | $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 | $35.51m | $7.32m | $8.09m | $103.52m | $8.36m | $12.05m | -$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 | $37.73m | $34.36m | $1.21m | $21.59m | $4.73m | $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 |