At PancakeSwap, we’re always pushing the boundaries of what’s possible in DeFi. Today, we’re thrilled to introduce a first-of-its-kind feature that completely redefines limit orders on decentralized exchanges: a native, onchain Limit Order Hook, designed entirely in-house and now live on BNB Chain.

With this new Hook, you don’t just place a limit order, you earn trading fees when your order is filled. Yes, you read that right. PancakeSwap is the first and only DEX where users get paid for getting their limit orders executed.

Important note: The Limit Orders powered by ORBS are depreciated. Important actions are required from users who have existing orders using this version. Please read below for full details.

Why Traditional Limit Orders Don’t Cut It

While centralized exchanges have long offered seamless limit orders, DEXs have struggled to replicate the experience. Most existing solutions rely on off-chain services, charge high execution fees. Most importantly, none of them let you earn fees when your orders get filled. That changes today.

Our Solution: Limit Orders That Pay You

Built using PancakeSwap’s Infinity architecture, our new Limit Order Hook allows users to place limit orders by creating liquidity positions concentrated at a specific price.

When the market reaches that price, arbitrageurs naturally trade through your liquidity, filling your order and you earn a 0.1% fee on the trade, just like any traditional liquidity provider.

Key Benefits

• Earn trading fees (0.1%) every time your limit order gets filled
• Fully automated: your funds and earned fees are sent to your wallet on execution
• No extra fees for using limit orders
• Partially filled orders can be left open or withdrawn anytime, along with earned fees
• First launched on BNB Chain for its low gas fees and fast execution, the first phase will feature the following 10 pairs: USDT-BNB, CAKE-BNB, ETH-BNB, ETH-USDT, USDC-BNB, BTCB-USDT, BTCB-BNB, CAKE-USDT, BTCB-ETH, and USD1-BNB.

How PancakeSwap Limit Order Works

Imagine BNB is trading at $600. You want to sell at $861. Here’s what happens:

1. You place a llimit order by providing BNB liquidity at the $861 price point.

2. When the price hits or exceeds $861, your BNB is swapped for CAKE at your set price, and the proceeds plus earned fees are withdrawn and automatically sent to your wallet. The process works the same for buying: deposit CAKE at a lower price tick, and when the price falls to that level, your CAKE is swapped for BNB, with fees earned on the fill.

It’s fully onchain, seamless, and requires no external bots or manual intervention. Your limit order acts as a productive liquidity position, generating yield when the order is filled.

Important Notice: Deprecation of Limit Orders (ORBS-powered) – Action Required

With the launch of this new native, onchain Fee-Earning Limit Order Hook, the Limit Orders powered by ORBS will be discontinued on September 29, 2025, at 09:00 UTC.

What this means for users:

• After this time, you will no longer be able to create new orders using the Limit Orders powered by ORBS
• Any existing Limit Orders powered by ORBS will still be visible in your account. You can access and manage these orders on the Limit Order page under the “Manage old Limit Orders (Deprecated)»” section.

• We strongly recommend that you cancel any of your existing Limit Orders powered by ORBS and recreate them using the new Fee-Earning Limit Orders to benefit from the improved performance and to start earning fees.
• If you don’t cancel, any of your existing Limit Orders powered by ORBS orders will still execute if their conditions are met, but they will not earn any fees.

Please take action as soon as possible to ensure you’re using the most efficient, onchain, and rewarding version of limit orders on PancakeSwap.

A First in DeFi, Get Started Today

Fee-earning Limit Orders are live now, exclusively on PancakeSwap and BNB Chain, launching with a selected set of trading pairs. To learn more about how it works under the hood, check out our product documentation

Head over to pancakeswap.finance, find the “Limit Order” tab in the Swap interface, and experience this game-changing feature for yourself.

The Chef’s