PancakeSwap (CAKE)
Total Value Locked$2.032b
TVL by Chain
BSC$1.854b
Solana$59.52m
Ethereum$50.91m
Base$34.42m
Arbitrum$18.87m
opBNB$8.52m
Aptos$2.1m
ZKsync Era$1.9m
Linea$938,794
Polygon zkEVM$91,649
Key Metrics
Fees (Annualized)$1.577b
Fees 30d$129.28m
Fees 7d$23.27m
Fees 24h$3.22m
Cumulative Fees$3.314b
Revenue (Annualized)$422.74m
Revenue 30d$34.65m
Revenue 7d$7.46m
Revenue 24h$1.03m
Cumulative Revenue$689.53m
Holders Revenue (Annualized)$354.62m
Holders Revenue 30d$29.07m
Holders Revenue 7d$5.27m
Holders Revenue 24h$730,646
Cumulative Holders Revenue$815.27m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.738b
Earnings (Annualized)$422.74m
Earnings 30d$34.65m
Earnings 7d$7.46m
Earnings 24h$1.03m
Cumulative Earnings-$3.049b
DEX Volume 30d$66.53b
DEX Volume 7d$11.655b
DEX Volume 24h$1.625b
Cumulative DEX Volume$1.603t
Perp Volume 30d$746.05m
Perp Volume 7d$198.12m
Perp Volume 24h$3.89m
Cumulative Perp Volume$49.999b
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$930.58m
$CAKE Price$2.7
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$983.31m
$CAKE Volume 24h$113.51m
CEX Volume$69.6m
DEX Volume$34.05m(30% of total)
Staked$101.81m(10.94% of mcap)
$CAKE Liquidity$21.98m
PancakeSwap AMM$12.72m
Uniswap V3$8.73m
PancakeSwap AMM V3$528,952
Total Raised$0
Jun 7, 2022Round: Strategic Investors: Binance LabsSource: https://twitter.com/binance/status/1533748368882778112
PancakeSwap (CAKE)
Total Value Locked$2.032b
TVL by Chain
BSC$1.854b
Solana$59.52m
Ethereum$50.91m
Base$34.42m
Arbitrum$18.87m
opBNB$8.52m
Aptos$2.1m
ZKsync Era$1.9m
Linea$938,794
Polygon zkEVM$91,649
Key Metrics
Fees (Annualized)$1.577b
Fees 30d$129.28m
Fees 7d$23.27m
Fees 24h$3.22m
Cumulative Fees$3.314b
Revenue (Annualized)$422.74m
Revenue 30d$34.65m
Revenue 7d$7.46m
Revenue 24h$1.03m
Cumulative Revenue$689.53m
Holders Revenue (Annualized)$354.62m
Holders Revenue 30d$29.07m
Holders Revenue 7d$5.27m
Holders Revenue 24h$730,646
Cumulative Holders Revenue$815.27m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$3.738b
Earnings (Annualized)$422.74m
Earnings 30d$34.65m
Earnings 7d$7.46m
Earnings 24h$1.03m
Cumulative Earnings-$3.049b
DEX Volume 30d$66.53b
DEX Volume 7d$11.655b
DEX Volume 24h$1.625b
Cumulative DEX Volume$1.603t
Perp Volume 30d$746.05m
Perp Volume 7d$198.12m
Perp Volume 24h$3.89m
Cumulative Perp Volume$49.999b
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$930.58m
$CAKE Price$2.7
All Time High$43.96
All Time Low$0.19
Fully Diluted Valuation$983.31m
$CAKE Volume 24h$113.51m
CEX Volume$69.6m
DEX Volume$34.05m(30% of total)
Staked$101.81m(10.94% of mcap)
$CAKE Liquidity$21.98m
PancakeSwap AMM$12.72m
Uniswap V3$8.73m
PancakeSwap AMM V3$528,952
Total Raised$0
Jun 7, 2022Round: Strategic Investors: Binance LabsSource: https://twitter.com/binance/status/1533748368882778112
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: 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 V1: Percentage of swap fees going to treasury and/or token holdersView 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 V1: Money going to governance token holdersView code on GitHubPancakeSwap AMM V3: Money going to governance token holdersView 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 | $169.22m | $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 | $35.86m | $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 | $35.86m | $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 | $38.11m | $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 |