Blog Updated as of October 23rd, 2025

After a successful first and second round, PancakeSwap is excited to announce Round 3 of our onchain campaign with Coinbase One. Starting October 23, 2025, verified Coinbase One members who meet specific trading criteria will be eligible to earn a share of $1,000 in CAKE airdrop every month. To qualify for this exciting opportunity, sign up for Coinbase One, connect a wallet to your membership, and trade over $100 USD in aggregate trading volume across any supported blockchains: Base, BNB Chain, or Arbitrum through PancakeSwap.

What Are the Onchain Benefits of Coinbase One?

Starting at just $4.99/month, Coinbase One is a value-packed membership designed for crypto traders and investors. It offers enhanced benefits to help you get more out of your crypto such as zero trading fees, boosted rewards = APY on USDC, priority customer support, and more. As part of its onchain benefits, Coinbase One members can unlock exclusive offers when they connect their verified wallet to supported on-chain platforms like PancakeSwap. Once connected, they access exclusive rewards and additional opportunities to enhance their trading experience.

Campaign Overview

PancakeSwap is now one of the platforms offering onchain benefits for Coinbase One members. Coinbase One members must ensure that their verified wallet is connected to supported on-chain platforms like PancakeSwap to access these exclusive rewards. By trading over $100 USD in aggregate volume on Base, BNB Chain, or Arbitrum via PancakeSwap, Coinbase One members can earn a share of the $1,000 CAKE airdrop every month. Each month's trading window allows members to qualify for an airdrop by meeting the trading volume requirement within the given period.

Round 1 Airdrop Schedule (Completed)

• Airdrop 1: March 3, 2025 – March 17, 2025
• Airdrop 2: March 18, 2025 – March 31, 2025
• Airdrop 3: April 1, 2025 – April 14, 2025
• Airdrop 4: April 15, 2025 – April 28, 2025
• Airdrop 5: April 29, 2025 – May 12, 2025
• Airdrop 6: May 13, 2025 – May 26, 2025

Round 2 Airdrop Schedule (Completed)

• Airdrop 1: July 23, 2025 – August 5, 2025
• Airdrop 2: August 6, 2025 – August 19, 2025
• Airdrop 3: August 20, 2025 – September 2, 2025
• Airdrop 4: September 3, 2025 – September 16, 2025
• Airdrop 5: September 17, 2025 – September 30, 2025
• Airdrop 6: October 1, 2025 – October 14, 2025

Round 3 Airdrop Schedule (New)

• Airdrop 1: October 23, 2025 – November 19, 2025
• Airdrop 2: November 20, 2025 – December 17, 2025
• Airdrop 3: December 18, 2025 – January 14, 2026
• To qualify for each airdrop, you must complete the $100 USD trades within the corresponding month period. Eligibility will be reviewed monthly, and any updates to the criteria will be communicated in advance.

How to Participate

To take part in the campaign, follow these simple steps:

1. Become a Coinbase One Member: To join, you must be a verified Coinbase One member. If you're not already a member, you can claim your extended 30-day free trial using our link here.
2. Verify Your Wallet: Verify your wallet as an active Coinbase One member
3. Trade Over $100 USD: Begin trading over $100 in aggregate volume on any supported blockchains — Base, Arbitrum, or BNB Chain — through PancakeSwap to qualify for the airdrop. (Make sure to use the same wallet linked to your Coinbase One membership). Each new month period requires you to trade again to be eligible for that period's airdrop.

How the Airdrop is Distributed:

• The portion of the $1,000 CAKE airdrop you will receive is based on your trading volume relative to the total trading volume across all eligible participants. The distribution formula is as follows: Your Volume / Total Volume * $1,000
• The maximum amount any single user can receive per airdrop period is capped at $50 USD worth of CAKE (every month).
• The airdrop will be distributed directly to your verified Coinbase One wallet within one month after the end of each airdrop period. Remember, a new airdrop of $1,000 will occur every month, so there is a fresh opportunity to earn every month!

Terms and Conditions

• To be eligible for the CAKE airdrop, participants must be verified Coinbase One members and trade using the same wallet linked to their Coinbase One membership. Trades made on other platforms or with unverified wallets will not be counted for this campaign.
• The campaign will run from October 23, 2025 at 00:00 UTC to January 14, 2026 at 00:00 UTC. Eligibility for each airdrop will be reviewed monthly, and any changes to the eligibility criteria may be communicated in advance.
• Any trades executed through bad trading practices, including but not limited to wash trading, false trading, self-dealing, or any other forms of market manipulation, will be disqualified from the campaign. PancakeSwap reserves the right to disqualify any participant found engaging in these activities.
• PancakeSwap reserves the right to cancel, suspend, or modify the campaign, or amend the campaign rules, at its sole discretion, without prior notice.
• PancakeSwap has the sole discretion to disqualify any participant who does not meet the eligibility requirements. In any dispute, PancakeSwap reserves the right to make final decisions regarding the campaign.
• The information in connection with this campaign does not constitute financial advice. It should not be construed as a recommendation or endorsement to buy, sell, or invest in any digital assets. Cryptocurrencies are highly speculative and involve substantial risk, including the potential loss of your entire investment. Participants are strongly advised to seek independent professional advice before making financial or trading decisions.
• By participating in the campaign, participants agree to abide by these terms and conditions and any additional terms or rules that PancakeSwap may communicate.