Data Recap
Overall
- Total Volume: $15.8B
- Average Daily Volume: $545.4M
- Unique Traders: 1.7M
- Unique Onsite Users: 3.5M
- Web3 Wallet — Onsite Users: 51K
- Web3 Wallet — Average Daily Users: 4K
- Gaming Marketplace - Average Daily Users: 7K
- Gaming Marketplace - CAKE Burned: 7.3K
CAKE
- Total burned: 35.5M CAKE ($96.2M)
- Bought back from the market to burn: $2.3M
- N° of holders: 1,607,423 (MoM 1.23%)
- Effective CAKE Emission Rate: 1.36 CAKE/Block
*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 February
February 2024: PancakeSwap's CAKE Burn
Since we started having negative net emissions in September 2023, we have never stopped!
The sixth consecutive month that CAKE emissions are negative, i.e. more is burned than emitted! Accumulating -1,372,017 CAKE net mint since then!
In February, we burned 1,079,517 CAKE, with a -95,023 Net Mint! Burn it, baby! 🔥
Take a look at February’s burn report here 👉https://blog.pancakeswap.finance/articles/february-2024-pancake-swap-s-cake-burn
Monthly Stats!
📊🌟February flashed by, yet it marked growth in PancakeSwap trading volume! Dive into our latest stats and see how we're growing.
💬February Highlights: -Total Volume: $15.8B (+$351M from $15.5B in Jan)
Chain-Specific Breakdown:
- 🟨 BNBChain: $14.5B (↑ $674M from $13.8B in Jan)
- 💠 Ethereum: $661.8M (↓ $210.9M from $882.7M in Jan)
- 🟪 zkSync Era: $307.5M (↓ $77.9M from $385.4M in Jan)
- 🧡 Arbitrum One: $106.2M (↓ $69.5M from $175.7M in Jan)
- 🔘 Linea: $57.4M (↑ $25.4M from $32.0M in Jan)
- 🔵 Base: $111.1M (↑ $6.1M from $105.1M in Jan)
- 🔶 opBNB: $10.7M (↑ $546.5K from $10.2M in Jan)
- ⚫ Aptos: $27.0M (↑ $5.03M from $21.92M in Jan)
- 💜 Polygon zkEVM: $6.78M (↓ $2.29M from $9.07M in Jan)
Data encompass v3, v2, Stableswap & MMpool. For a deep dive into our stats, visit 👉https://defillama.com/dexs/pancakeswap and https://dune.com/pancakeswap/pancakeswap-mmpool
Affiliates Discussion Proposal 😎
🆕Introducing the "Affiliate" Initiative to the entire PancakeSwap Community!
Let's kick off a conversation. DeFi protocols are set to receive well-deserved recognition as PancakeSwap extends its reach to blockchains where we haven't ventured before. Our intuitive interface and cross-chain capabilities are geared towards broadening access and enhancing opportunities in the DeFi space.
💬Join the discussion as we finalize the proposal https://forum.pancakeswap.finance/t/discussion-on-pancakeswap-affiliates-a-multichain-expansion-strategy/395
veCAKE: What's New?
Since veCAKE was introduced, PancakeSwap has remained tirelessly committed to enhancing and broadening our recently implemented new governance structure.
This model is designed for mutual benefit, ensuring advantages for all actors involved, with a special focus on CAKE holders!
Follow with us the last update on the system:
- 📄 veCAKE Gauges are now live on Base! With the inclusion of Base, an additional ~378 CAKE/day is now redirected towards veCAKE emissions
- 📄We’ve heard your feedback and changed the proposal to use 0.67% of veCAKE emissions as Kitchen-discretionary emissions, and you said yes! Thanks for making it possible! If you want to read the full proposal, check it here: https://pancakeswap.finance/voting/proposal/0x8eff088ca5d8c07a1a0be979533b6aa36dd098edb62714f948c06cf561817432
📘If you are new to veCAKE, check out our documentation to learn more: https://docs.pancakeswap.finance/products/vecake
Introducing Nemesis Downfall, the new game added to the PancakeSwap Gaming Marketplace
Nemesis Downfall it's a multiplayer first-person shooter designed to revolutionize the play-and-earn concept. Nemesis Downfall offers casual and competitive gameplay modes in a dynamic world powered by blockchain technology on BNB Chain, promising hours of immersive entertainment
As part of the PancakeSwap ecosystem, Nemesis Downfall leverages the platform's native token, CAKE, enhancing the gaming experience with seamless transactions and in-game purchases. Players can use CAKE tokens to acquire in-game assets, including character, weapon skins, and exclusive PancakeSwap-themed collectibles. Moreover, owners of PancakeSwap NFTs (Pancake Squad & Pancake Bunnies collections) will enjoy added benefits.
📚 Read more https://blog.pancakeswap.finance/articles/introducing-nemesis-downfall-pancake-swap-s-latest-game-fi-release
Position Manager: Tired of setting v3 positions by yourself?
Since the launch of our Position Manager, individuals seeking a hassle-free experience with position building in PancakeSwap v3 are now enjoying unprecedented satisfaction!
Alpaca Finance has joined forces to introduce cutting-edge vaults to the Position Manager. This collaboration incorporates two new strategies, further enhancing the functionality and versatility of the Position Manager.
- ✅Market-Neutral: Balance market exposure for enhanced returns and lower risk.
- ✅Savings Vault: Achieve 1xLong exposure, lower liquidation risk, and earn via liquidity.
There are also new pairs available: BNB-USDT & BTCB-ETH!
🔗 Learn more: https://blog.pancakeswap.finance/articles/pancakeswap-and-alpaca-finance-unite-launching-innovative-position-manager-for-bnb-usdt-and-btcb-eth-trading-pairs We're also thrilled to introduce three new Bril Finance Position Manager Vaults on BNB Chain PancakeSwap!
Now, you can deposit $MUBI, $SATS, or $ORDI into these innovative vaults, unlocking exciting opportunities. What's even more enticing is the chance to earn CAKE incentives for the MUBI-WBNB vault, in addition to LP fees.
Don't miss out on the action — check it out at https://pancakeswap.finance/position-managers?chain=bsc
PancakeTalks Kick Off
We’re glad to announce that we’ve kicked off our new Podcast Series!
Join our CM Chef Fran and PancakeSwap's Ambassador Anicet0 every week to discuss the market trends and PancakeSwap's news🤝🥞
Jump in here 👉https://discord.com/invite/pancakeswap
Don't miss out on the fun!
Wormhole Integration is Live
🌉 Integration with Wormhole Bridge is now LIVE!
🥞 Users can now bridge assets like ETH, WBTC, USDT, and tBTC across Ethereum, BNB Chain, Arbitrum One, Base, and Solana using the Wormhole bridge on Pancakeswap!
🔄 Dive in and bridge your assets today: https://bridge.pancakeswap.finance/wormhole
📚Need help? Check out our guide: https://docs.pancakeswap.finance/products/bridging/wormhole-bridge-guide
.cake Name Services: Public Registration is open
✨ All are welcome to register .cake domains now!
👉 Get yours today: cake.space.id
👉Follow the stages and get yours at: https://cake.space.id
New Pools
New Farms
Still Cooking - Coming Soon!
💥ETHGLOBAL London, here we go!
We are proud to announce our role as an official partner at ETHGlobal London, taking place from March 15-17 at The Truman Brewery. This prestigious event marks a significant moment for PancakeSwap in the world of blockchain innovation.
Brief summary of the event:
On March 15, join us at 1PM UTC at the PancakeSwap Booth in ETHGlobal London to meet our Chefs and immerse yourself in the vibrant PancakeSwap community (and earn some things of course! 🎩)
Participate in the PancakeSwap Hackathon starting at 1PM UTC (our first hackathon!), where you can showcase your skills for a chance to win a share of $10,000 in prizes. Learn more about this here: https://ethglobal.com/events/london2024/prizes/pancakeswap
At 4:30PM UTC in Workshop Room 2, Chef Momo and Chef Burger will host an insightful 30-minute workshop, providing valuable insights into the world of PancakeSwap and decentralized finance.
The highlight of the day comes at 8PM UTC when Chef Momo delivers a keynote presentation on the main stage of ETHGlobal London, sharing PancakeSwap's vision and future plans. We advise you not to miss it! 🤫
Finally, join us and the ETHGlobal team on Twitter Spaces for the event wrap-up on March 21 at 6PM UTC, where we'll reflect on the incredible experiences and connections made during this groundbreaking event.
Don't miss this opportunity to be part of PancakeSwap's journey at ETHGlobal London—let's make it memorable together!
Still hungry?
Join us on Twitter , Telegram, in our Discord server, or in our growing Reddit community!
Bon appétit!
The Chef's 🐰🥞