PancakeSwap (CAKE)
Total Value Locked$2.704b
TVL by Chain
BSC$2.466b
staking$65.32m
Solana$63.35m
Base$38.68m
Ethereum$28.47m
opBNB$20m
Arbitrum$16.94m
Monad$1.98m
ZKsync Era$1.57m
Aptos$1.4m
Linea$424,608
Polygon zkEVM$63,734
Key Metrics
Fees (Annualized)$210.55m
Fees 30d$17.26m
Fees 7d$3.27m
Fees 24h$172,716
Cumulative Fees$3.153b
Revenue (Annualized)$69.82m
Revenue 30d$5.72m
Revenue 7d$1.12m
Revenue 24h$60,029
Cumulative Revenue$662.11m
Holders Revenue (Annualized)$41.39m
Holders Revenue 30d$3.39m
Holders Revenue 7d$641,211
Holders Revenue 24h$27,336
Cumulative Holders Revenue$830.32m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.489b
Earnings (Annualized)$69.82m
Earnings 30d$5.72m
Earnings 7d$1.12m
Earnings 24h$60,029
Cumulative Earnings-$2.827b
DEX Volume 30d$52.785b
DEX Volume 7d$11.452b
DEX Volume 24h$733.53m
Cumulative DEX Volume$1.921t
Perp Volume 30d$962.47m
Perp Volume 7d$82.66m
Perp Volume 24h$13.05m
Cumulative Perp Volume$58.264b
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$759.12m
$CAKE Price$2.26
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$790.28m
Outstanding FDV$790.72m
$CAKE Volume 24h$30.3m
CEX Volume$13.07m
DEX Volume$14.91m(49.21% of total)
Staked$65.32m(8.6% 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)98,918
Transactions (24h)877,568
Gas Used (24h)$10,327
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 | $88.54m | $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 | $29.23m | $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 | $157.7m | $220.87m | $455.09m | $810.53m | $1.051b | $410.49m | $38.2m | $2.68m |
| Earnings | $25.29m | $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 | -$109.28m | -$162.56m | -$327.58m | -$744.92m | -$956.57m | -$410.49m | -$38.2m | -$2.68m |
| Token Holder Net Income | $18.39m | $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 |