PancakeSwap April Data

• Total Value Locked (TVL): $1.82B
• Total Volume: $30.92B
• Average Daily Volume: $1.03B
• Unique Traders: 2.40M
• Unique Onsite Users: 2M

CAKE Token

• Total Burned: 37.8 M CAKE ($72.5M)
• Monthly Net Mint: -2,288,550 CAKE
• % of Total Supply Burned: -0.611%
• Number of Holders: 1,832,941 (MoM +0.19%)

As our emissions and burn data are calculated and grouped by weeks, not months, the statistics above may not one-to-one reflect our “monthly burn”, and only serves as a guideline. For more information on our burns, please refer to our weekly burn post on our social channels.

Served In April

CAKE Burn Report – April 2025 & New Burn Dashboard

In April, PancakeSwap continued to deliver on its commitment to Ultrasound CAKE, achieving a net reduction in CAKE supply for the 20th consecutive month. This brings the total net burn to an impressive -16,923,316 CAKE since we began this journey.

To make it easier for everyone to follow our deflationary progress, we launched the CAKE Burn Dashboard — a new home for real-time data on:

• CAKE burned
• CAKE emissions
• Deflation metrics
• And more

Stay informed, track our progress, and watch the burn in action at https://pancakeswap.finance/burn-dashboard

PancakeSwap Infinity is now live:

April marked the official launch of PancakeSwap Infinity, our most advanced and modular version to date. Designed with flexibility at its core, Infinity introduces a customizable architecture through hooks, enabling developers to build tailored trading experiences and integrate new functionalities directly into liquidity pools. Alongside significant gas efficiency improvements and better routing logic, Infinity lays the groundwork for PancakeSwap to evolve beyond a traditional DEX, becoming a full-featured DeFi infrastructure layer.

Deployed on BNB Chain, Infinity opens the door to a new era of on-chain composability. Whether you're a trader, builder, or liquidity provider, Infinity brings powerful tools to make DeFi smarter and more adaptable than ever.

Explore Infinity pools at https://pancakeswap.finance/pools , read our deep-dive blog posts, or rewatch the AMA with Chef Kids to learn more about what makes Infinity a game changer.

Governance & Tokenomics: A New Era Begins – Proposal 3.0 Approved

In April, the CAKE Tokenomics Proposal 3.0 was officially passed with a 98.89% of votes in favor. This marks a historic moment for PancakeSwap — a fundamental shift in how CAKE emissions, governance, and utility are structured.

Key changes:

• veCAKE and staking mechanisms retired — All veCAKE was unlocked without penalties.
• Revenue sharing retired — Fees from 0.01% and 0.05% v3 pools are now fully directed to burns.
• Emissions reduced from ~40,000 to ~22,250 CAKE/day, supporting a ~4% annual deflation goal.
• Direct emissions management will be allocated based on real-time market data and LP efficiency.
• Simplified CAKE utility — Users can now participate in IFOs, TGEs, and governance without locking tokens.

This new model addresses past inefficiencies, eliminates unnecessary complexity, and puts the protocol on track for a more sustainable and flexible future.

We want to sincerely thank our community for your overwhelming support, thoughtful feedback, and commitment to the future of PancakeSwap. This proposal is the result of months of collaboration — and we’re just getting started.

Product Update: Auto Slippage is Live!

Trading on PancakeSwap just got smoother. In April, we introduced Auto Slippage — a new feature designed to reduce failed transactions and simplify the user experience.

Instead of setting your slippage tolerance manually, Auto Slippage dynamically adjusts it based on current network and market conditions. This helps:

• Avoid failed trades due to low slippage during volatility or low liquidity.
• Prevent users from setting slippage too high and getting less value than expected.
• Save time and gas fees by reducing trial-and-error.

Auto Slippage automatically selects a value between 0.5% and 5.0%, depending on the gas cost vs. token output value

This enhancement is part of our commitment to making DeFi easier and more efficient for everyone.

Token Generation Events – New High!

April set a new record for PancakeSwap, with seven Token Generation Events (TGEs) in a single month — the highest ever. All events were co-hosted with Binance Wallet, featuring new and promising DeFi projects.

Want to join the next one? Stay tuned!

Thanks for reading! Don’t forget to follow us on Twitter , join us on Telegram and Discord

The Chefs 🥞