PancakeSwap

Guide
About PancakeSwap (V2)
PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.
Used by millions. Trusted with billions.
PancakeSwap has the most users of any decentralized platform, ever. And those users are now entrusting the platform with over $12,000,000,000 in funds.
0
million trades
0%
staked
Will you join them?
Trade
The people's choice
PancakeSwap is the leading decentralized exchange on Binance Smart Chain, with the highest trading volumes in the market
Low fees
Why pay more? PancakeSwap runs on Binance Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. Trading fees are lower than other top decentralized exchanges too, so that's a double win for you!
Decentralized
Trade directly from your wallet app. Unlike centralized exchanges like Binance or Coinbase, PancakeSwap doesn’t hold your funds when you trade: you have 100% ownership of your own crypto.
Sounds like fun?
Then get flipping! 🐰 🥞
Win
Lottery: Millions of dollars regularly go up for grabs on the PancakeSwap Lottery. Join as many as 11,000 daily players for your chance to win big!
NFT Collectibles: Win collectible NFTs for participating in trading competitions and more fun & games.
Prediction: Win BNB if you can predict whether the BNB price will rise or fall. New rounds every 5 minutes!
Earn
Earn tokens with Syrup Pools: Stake CAKE, earn free tokens. It’s really that easy. CAKE holders right now are earning tens of millions of USD worth of free tokens each week from major projects. New projects join the party every day, so you can earn more, for even longer.
Earn CAKE with Yield Farms: Stake LP tokens, earn CAKE. You take on a little more exposure to market fluctuations than with the Syrup Pools, but can earn higher APR to offset the risk.
Earn Trading Fees: No farm? No problem. Even if your trading pair isn’t supported on the Farms page, you can still earn trading fees when you stake your tokens in Liquidity Pools (LPs).

F.A.Q.

How can I stake CAKE?

You can stake your CAKE in PancakeSwap Syrup Pools. Visit the Syrup Pools page. Read our How to Stake in Syrup Pools guide if you'd like a hand getting started with staking.

What is the difference between staking and farming?

Staking in Syrup Pools and farming with Yield Farming are both ways to earn more CAKE by supporting PancakeSwap.

How do I farm?

We have a Yield Farming guide if you're interested in learning how to farm.

Where can I view the PancakeSwap roadmap?

You can view our to-do list here, but don't call it a roadmap.

Is PancakeSwap protected from flashloan attacks?

PancakeSwap's vault has anti-flashloan protection. PancakeSwap’s CAKE token isn’t vulnerable to flash loan attacks. Unlike vulnerable tokens, CAKE token minting is predefined, and can’t be adjusted in a single transaction. Ownership cannot be transferred outside of MasterChef contract. PancakeSwap’s other smart contracts, like IFO and AutoPool, are protected as well; they prevent other contracts from interacting with them, reducing the scope of vector attacks.
The moon is made of pancakes.
Trade, earn, and win crypto on the most popular decentralized platform in the galaxy.