PancakeSwap AMM
$1.56B +1.4%24hValue locked
- Value locked
- $1.56B
- 7 days
- −0.1%
- 30 days
- −19.2%
- Fees per day
- $66.18K7-day average
- Fees / value locked
- 1.5%annualised
- Chains
- 10
- CAKE price
- $2.16+1.3% 24h
- Token market cap
- $685.6M
About PancakeSwap AMM
The #1 AMM and yield farm on Binance Smart Chain.
As of 23 Oct 2026, PancakeSwap AMM holds $1.56B in value locked across 10 chains, which ranks it #9 in DeFi by value locked. Thirty days ago it ranked about #28. Nearly all of it sits on BNB Chain. Among DEXs it ranks #2 of 185 with 11.3% of the sector, between Uniswap V3 ($1.64B) and Uniswap V4 ($1.52B). Its value locked is down 0.1% over seven days and down 19.2% over 30 days. Users paid an average of $66.18K a day in fees over the last seven days; a year at that pace would equal 1.5% of its value locked, against a sector median of 5.4%. The CAKE token, shared by the 4 PancakeSwap AMM products we track, is valued at $685.6M, 29% of their combined $2.40B in value locked.
Value locked by chain
Largest DEXs
Full sector| # | Protocol | Chains | Value locked | 7d | Fees/day |
|---|---|---|---|---|---|
| 1 |  Uniswap V3 | Ethereum, Base +41 | $1.64B | +2.8% | $851.0K |
| 2 | PancakeSwap AMM | BNB Chain, Ethereum +8 | $1.56B | −0.1% | $66.18K |
| 3 |  Uniswap V4 | Ethereum, BNB Chain +17 | $1.52B | +10.0% | $1.37M |
| 4 |  Curve DEX | Ethereum, Fraxtal +25 | $1.19B | −2.1% | $83.40K |
| 5 |  Raydium AMM | Solana | $1.18B | +0.3% | $342.6K |
| 6 |  Uniswap V2 | Ethereum, Base +13 | $935.6M | −2.0% | $44.55K |
| 7 |  PancakeSwap AMM V3 | BNB Chain, Ethereum +8 | $746.2M | +125.7% | $218.9K |
| 8 |  Bittensor dTAO | Bittensor | $465.5M | −6.4% | – |
