April closed with 32 straight months of net CAKE supply reduction and continued deflationary momentum.
More than -49,087,510 CAKE CAKE has now been permanently burned, reinforcing a healthier, more sustainable token economy powered by real usage across PancakeSwap’s products. This consistency highlights the protocol’s maturity and our long-term approach to emissions and value creation.
Track every burn in real time on the Burn Dashboard here.
PancakeSwap’s DEX mini-app launched on the Base App: the full DeFi menu is now natively available inside the Base app - swap, earn, and explore PancakeSwap without leaving the experience. This is a big step in meeting Base users where they already are, plugging PancakeSwap directly into one of the fastest-growing onchain social experiences. Check it out here.
xStocks on BNB Chain, 60+ tokenized stocks and ETFs go LIVE on PancakeSwap: xStocks are now tradable on BNB Chain through PancakeSwapX, bringing real-world assets fully onchain: 24/5 markets, gasless trading, best-execution routing, and MEV-protected. Welcome to the onchain era of finance - equities, ETFs, and crypto, all from your favorite DEX.
OpenGradient is the first Virtuals titan launch on PancakeSwap Base: OpenGradient launched $OPG via Virtuals, with the OPG–VIRTUAL pool now live on PancakeSwap Base. A milestone moment for AI-native tokens finding deep liquidity on PancakeSwap.
CAKE is now live on Mercuryo: Users can on- and off-ramp $CAKE directly through the Mercuryo widget or selected partner apps, using cards, Apple Pay, Google Pay, bank transfers, and more. Explore it here.
apxUSD-USDC & apyUSD-apxUSD are live on PancakeSwap Base: the first dividend-backed stablecoin powered by Digital Asset Treasury (DAT) preferred equity, like $STRC
🇰🇷 PancakeSwap’s South Korea Ambassador AJ, x.com/_solkong, joins our global ambassadors team!
🇭🇰 Our Base CN community event on April 22 brought together over 300+ builders and traders for an in-person celebration of the Base ecosystem. Check out the recap here.
📢 We're looking for ambassadors to join the DeFi mission with us in Japan, Indonesia, Malaysia, Thailand & the Philippines. If you're passionate about DeFi and want to represent your community, join the mission: Apply here.
🧑💻 AI Agent Hackathon: PancakeSwap joined Korea's first Base AI Agent Hackathon on April 25. The hackathon focused on building AI Agents using the Base ecosystem technology along with PancakeSwap AI Skills. Chef Philip served as a judge virtually, and our SK Ambassador AJ repped us on ground. Check out the highlights here.
HK Web3Festival: PancakeSwap took the global stage at one of April’s defining onchain gatherings. Our Head Chef, Chef Kids took the stage with an all-star panel, discussing how AI and RWAs are reshaping DeFi and how DEXs are becoming the new financial rails. We brought the goods to the BNB Super Meetup, where users from across the ecosystem came together to trade alpha and celebrate what's next for DeFi.
365 Days of PancakeSwap Infinity: Infinity launched with a mission to unlock infinite possibilities for traders, LPs, and builders, and raise the ceiling on what DeFi can be. Year one in action: $113B+ in volume, 250M+ transactions, 60K+ hooked pools, 5M+ total users. Check out the full year-one recap here.
$4T In Total Trading Volumes: In the last week of April, PancakeSwap crossed a milestone that reflects how far the ecosystem has come, across users, volume, and chains: $4 trillion in total trading volume, 180M+ users across the ecosystem, 10 chains and counting, led by BNB Chain, Base, and Arbitrum. The job's not done, the DeFi mission continues.
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Stack'em,
The Chefs 🥞