PancakeSwap's TVL rose nearly 19% over the past week, adding about $380 million to reach $2.4 billion on Wednesday, with V3 pools more than doubling to about $739 million. The proposal “The Flip,” open for voting from Oct. 21 to Oct. 24, would raise liquidity providers' share of swap fees on V3 and Infinity pools to 88% from 66%-68%. It would also cut daily CAKE emissions by about 69%, from 22,500 to 7,000 tokens. If approved, implementation is expected to begin in November. Over the past seven days, PancakeSwap accounted for about $4.67 billion, or roughly 71%, of decentralized exchange trading volume on BNB Chain.
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Keywords
cryptoDeFiCAKEUSDTtrading fees
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Related tickers and likely impact
CAKE/USDT
▲ Likely positivePancakeSwap
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | DeFi |
| Market cap | $695.0M |
| Close on 10/20/2026 | 2.2270 |
| Change that session | +1.37% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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