Data Recap

Overall

• Total Volume: 8.3B$
• Average Daily Volume: $269.1M
• Unique Traders: 1.6M
• Unique Onsite Users: 3M
• Mini Program — Onsite Users: 253K
• Mini Program — Average Daily Users: 8.2k
• Pancake Protectors — Average Daily Users: 21.6K
• Pancake Protectors - Total CAKE Burned: 127K ($195K)
• 8 CAKE Staker Reward Pools (Syrup + Boost)

CAKE

• Total burned: 42.8M ($65M)
• Bought back from the market to burn: $2.5M
• Effective CAKE Emission Rate: 3.48 CAKE/Block
• N° of holders: 1,434,710 (MoM 1.54%)

*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 July

Multichain Expansion: Landing at zkSync Era & Polygon zkEVM!

We are beyond excited to announce our deployment on zkSync Era! This incredible integration with the Layer 2 scaling solution is a major step forward for our platform and the entire DeFi community. By embracing zkSync's Era cutting-edge technology, we can offer our users faster and more cost-efficient transactions, ensuring a seamless trading experience with reduced gas fees.

You can now Swap and Provide Liquidity on zkSync Era PancakeSwap v3. Enjoy user-friendly interfaces, low fees, and upcoming Farming delights and IFOs! Join us on an ultimate DeFi adventure and unlock the full potential of PancakeSwap: https://blog.pancakeswap.finance/articles/pancake-swap-v3-on-zk-sync-era

This move represents our commitment to innovate and enhance our ecosystem to benefit our community constantly. We are confident that this expansion will revolutionize DeFi and bring a new level of scalability to our platform.

Farms are Now Available on Polygon zkEVM

We're thrilled to announce the launch of Farms on Polygon zkEVM PancakeSwap. In addition to Swap and LP, you can now Farm: stake your LP tokens to maximize your yield and unlock the full potential of your crypto holdings! As we continue to elevate your DeFi journey to unparalleled heights on this groundbreaking L2 network, we’re thrilled to introduce the next addition along with Swap and Liquidity Provisioning: Farms for major trading pairs such as WETH-USDC, WETH-USDT, USDT-USDC, WETH-MATIC on Polygon zkEVM PancakeSwap! With Farms, users can stake LP tokens and earn CAKE rewards to grow their crypto holdings while keeping a position in the LP tokens.Incentives will be ramped up over time

Start Farming now: https://pancakeswap.finance/farms?chain=polygonZkEVM Learn More: https://blog.pancakeswap.finance/articles/introducing-farms-on-polygon-zk-evm-pancake-swap-elevating-the-pancake-swap-experience

Traverse Treasure Island: An Adventure Full of Rewards!

We have revealed our second island and are you ready to join us on this multichain DeFi adventure and rise to the top of the leaderboard?

The second destination in our journey is zkSync Era! The zkSync Era island tasks will run for seven weeks, starting from July 27th at 13:00 UTC and concluding on September 14th at 13:00 UTC. Join us in exploring the advantages of this innovative Layer 2 network as part of our multichain expansion! Get started here

About Traverse campaign: https://blog.pancakeswap.finance/articles/join-pancake-swap-s-multichain-adventure-traverse-the-treasure-islands

Over the next few months, we will unveil new islands periodically, each with its own set of tasks. You can complete as many tasks as you desire, joining in anytime while the island tasks are active. Stay tuned for upcoming island reveals in the coming weeks, and let the island-hopping begin!

Introducing Revenue Sharing Pool

We are delighted to announce the launch of our highly anticipated Revenue Sharing Pool.

This feature allows Fixed-Term CAKE stakers to directly benefit from our platform's growth and success. By distributing a portion of trading fee revenues back to our loyal stakers on a weekly basis, we create an opportunity for them to share in our protocol's success.

The Revenue Sharing Pool aligns with our long-term vision of sustainability and community-driven growth. With PancakeSwap's total v3 trading volumes surpassing $12.5 billion and our multichain expansion providing even more growth potential, CAKE Stakers can expect amplified rewards and real yield from trading fees. We are excited about the positive impact this will have on our community and look forward to a prosperous future for PancakeSwap and its participants.

Want to know more? Read the full article: https://blog.pancakeswap.finance/articles/introducing-revenue-sharing-pool

Q3 Roadmap Release

We are thrilled to reveal our Q3 roadmap, which brings a series of exciting updates for PancakeSwap.

Among the highlights are the "v3 Position Manager," providing users with an even more advanced liquidity provision experience.

Additionally, the "vCAKE Update - Gauge Design" offers an enhanced experience for vCAKE holders. The "Simple Staking Integration" streamlines the staking process for users and provides single-sided staking returns for users. Lastly, the "Website Revamp" significantly improves the user experience on our site. All this takes place within the framework of our constant multichain expansion!

These updates bring us closer to our vision of an exceptional DeFi ecosystem, and we look forward to sharing more successes with our amazing community! ❤️

If you want to know more, during July we had an AMA with the Chefs of the kitchen at Twitter Spaces (or XSpaces?). If you want to relive the moment or read about it because you missed it, we have a recap posted on our blog 👉https://blog.pancakeswap.finance/articles/recap-q3-roadmap-ama

The Returning of the cIFO: SABLE FINANCE

It's been a long time since the last cIFO. Seven months to be exact. We know the community missed this product, so the Chefs have been working hard in the kitchen to bring it back for all PancakeSwap users.

Sable Finance is a decentralized stablecoin protocol that allows users to draw interest-free loans, minting USDS, a USD-pegged stablecoin.

The Community IFO (cIFO) is a variant of IFO designed to reward our loyal IFO community and introduce our community to projects with slightly smaller raises.

We have raised a total of $0.78M USD for the project, with both sales being oversubscribed!

Also we launched a 90-day SABLE Syrup Pool for all the PancakeSwap community to Stake.

New Farms for v3

Exciting news for all CAKE Stakers and yield farming enthusiasts! We announced the availability of new farms for bCAKE V3.

Now, you have the opportunity to enhance your farming positions in BNB/BUSD and BNB/USDT by utilizing bCAKE V3. Don't miss out on this chance to maximize your rewards and yield farming experience!

Check them out now: https://pancakeswap.finance/farms

Not sure how to use bCAKE? visit here: https://twitter.com/PancakeSwap/status/1671477568464207872

v3 Milestones

New Farms

We are delighted to continue our commitment to nurturing the growth of the DeFi ecosystem by introducing sixteeen new farms on PancakeSwap v3 during July. These farms are now accessible on the BNB Chain, Ethereum and Polygon zkEVM, presenting users with diverse opportunities to participate in yield farming and enjoy rewards.

The expanded array of farming options allows users to maximize their earnings and explore different strategies. Waste no time and seize the opportunity to start farming today, unlocking the boundless potential of PancakeSwap v3! 🌱💰

New Pools

During July, PancakeSwap introduced eight exciting Syrup Pools, offering users exclusive opportunities to earn CAKE.

Participating is effortless—just deposit your CAKE and witness your token balance grow over time. With continuous reward accumulation, you can maximize your earning potential.

Don't let these thrilling opportunities pass you by! Dive into our Syrup Pools today and start earning.

Emission Changes

Throughout July, our dedicated Chefs worked tirelessly to fine-tune emissions, prioritizing the best possible value for our community. In parallel, we made remarkable strides towards achieving our Ultrasound CAKE objective, whichwe are steadfastly committed to.

↘️BSC: 0.015 CAKE/block reduction to BNB Chain v3 Trading Allocation. Link: https://pancakeswap.finance/voting/proposal/0x6fe2c0ca36b68df6f2283a544f004d4032491052cff643859c26585b47848a92

↘️Proposals for Adjustments to Farm Rewards: Links https://pancakeswap.finance/voting/proposal/0x777b05d9d3adec9473704a455c54d84277fcae8abf3f705baf6f9c48bbdbf881 & https://pancakeswap.finance/voting/proposal/0x57e5ab736c5b1d39f8dddd1cef654a560f063325094d5d9b5b02035a558fde80

↗️Polygon zkEVM: Proposal for Adding CAKE Allocation to Bootstrap Polygon zkEVM Liquidity. Link: https://pancakeswap.finance/voting/proposal/0xa98d7e81e262ce39f880cdb00af0e546bbcf451f27704ffcd91dac881fa51561

CAKE Syrup Pool

On our journey towards Ultrasound CAKE, effective CAKE pool emissions have now been cut from 2 to 1.5 CAKE per block, per the original voting proposal for CAKE tokenomics v2.5.

Check out the proposal here: https://pancakeswap.finance/voting/proposal/0x707643dd2c2b941c7274f26a0362922198912e8549050ae9f2d1d9d71ada04bb

Features

Introducing "Hot Tokens" for v3

Now you can easily track popular tokens traded on PancakeSwap V3 across BNB Chain and Ethereum!

Just tap the 🔥 icon, and select between v3 and v2.

Click "Trade" to start trading your token right away Get started now: pancakeswap.finance/swap?chain=bsc

Market Maker Integration

We expanded zero slippage trades to the OP(BEP20)/USDT pair on BNB Chain!

Thanks to our partnership with Market Makers and seamless integration via Celer Network bridge, enjoy a seamless trading experience for ARB (BEP20) and OP (BEP20) tokens.

Trade ARB (BEP20) and OP(BEP20) now with zero slippage https://pancakeswap.finance/swap

Revolutionizing trading with Google Cloud!

With Google Cloud's cutting-edge technology and scalable resources, PancakeSwap empowers users worldwide to trade securely, anytime, anywhere.

Dive into the details and witness how PancakeSwap leverages Google Cloud to unlock a new era of DeFi https://cloud.google.com/customers/pancakeswap

Automatic Liquidity Management with Mellow Strategies!

Are you interested in providing liquidity on ETH PancakeSwap but concerned about the high gas fees? No need to worry anymore! Thanks to Mellow Protocol, you can now enjoy automatic liquidity management for ETH PancakeSwap.

When you earn CAKE, it will be continuously reinvested into the liquidity position to ensure optimal performance. Mellow has recently launched the USDC-ETH (0.05%) and USDT-ETH (0.05%) vaults, allowing you to create and manage the corresponding liquidity positions on ETH PancakeSwap effortlessly.

All you need to do is deposit your tokens, and Mellow will take care of the rest for you. Enjoy the convenience and efficiency of hassle-free liquidity provision with Mellow Protocol!

For more information, please read our blog post: https://blog.pancakeswap.finance/articles/mellow-protocol-launches-automated-liquidity-strategies-with-ethereum-pancake-swap

Trading Reward Program Round 2

Round 2 of our Trading Reward Program is here, and it's bigger and better than ever!

Over 2,000 users already earn a fantastic 10% trading fee rebate from a whopping USD 23M in trades. The heat is on with our rebate rate doubling from 5% to 10%, giving you even more rewards for your trades. But wait, there's more! We've raised the reward cap from 1% to 5%, meaning you can earn up to 5x more rewards.

You only need an active Pancake Profile and a CAKE staking position that unlocks by 14th Aug 00:00 UTC to be eligible. So, ensure you participate and trade on the eligible PancakeSwap v3 trading pairs on BNB Chain and Ethereum.

Take advantage of this incredible opportunity to ramp up your rewards. Join the PancakeSwap community and start earning your 10% rebate now https://pancakeswap.finance/trading-reward

KyberSwap Integration

KyberSwap has integrated our v3 liquidity pools on BNB Chain and Ethereum!

Enjoy lower slippage on KyberSwap thanks to PancakeSwap’s deep liquidity

Swap here today: https://kyberswap.com/swap/ethereum/usdt-to-cake

Pancake Protectors Season 5: The Duel of the Kings

Pancake protectors keep players on their toes with a new and intense season.

We introduced Pancake Protectors Season 5: "Duel of the King's" with exclusive NFT rewards and a mysterious cross-server event on the 10th day!

Get ready for a season packed with NFT, MOBalls, Gold, and Honors rewards! To join, secure a top spot in Pancake Protector and MOland Defense rankings! Don't miss out!

More Details:https://blog.pancakeswap.finance/articles/introducing-pancake-protectors-season-5-the-epic-duel-of-the-king-s-with-exclusive-nft-rewards

Join Pancake Protectors now: https://protectors.pancakeswap.finance

Social

Trivia Series

Are you up to date with our trivia series? 👏

PancakeSwap Weekly Trivia has amazed the community, attracting 1,000+ eager participants. Get ready for the all-new "PancakeSwap Monthly Trivia" - compete for $1,500 USDT and showcase your PancakeSwap know-how!

Join the Monthly Trivia and win $50 USDT, first month starting from 17th July until 17th August!

We also have our regular Friday trivia! Stay tuned for not missing them!

Perpetuals v2 - New users & ALP Campaigns

New to PancakeSwap Perpetuals v2? 5000 APX of rewards are up for grabs!

To qualify, make a first trade of any amount on PancakeSwap Perpetuals v2, powered by ApolloX

21 June 00:00 UTC until 1,000 new users reached Details: bit.ly/44Dtl8l

Reminder to all $CAKE holders: mint ALP with CAKE to unlock real yield!

To learn how, check out our academy series on the ALP Pool and CAKE here: https://blog.pancakeswap.finance/articles/perpetuals-v2-liquidity-pool

First Newsletter Video

Introducing our first monthly video newsletter: https://youtu.be/nZKTUYRCjAw

Catch up on our updates while working, reading, or driving: Speed the video up as needed!

Love this format? React and let us know! Your feedback shapes our content.

Driving Defi Adoption with Chef Mochi!

Our Head Chef, Chef Mochi had the incredible opportunity to present "Driving DeFi Adoption with PancakeSwap" at the Mercuryo event.

We had a fantastic time and are grateful for the chance to share the creations our chefs have been cooking up in the kitchen.

Meme Contest on Reddit!

Do you like memes? From time to time we have contests for you to show us your creativity.

In July, the most ingenious users of PancakeSwap sent us their memes and 10 lucky winners shared a $300 USDT prize pool.

Still Cooking - Coming Soon!

We have some exciting plans on the horizon:

Multichain Expansion: Enhancing DeFi Access - At least another chain to go

This month, we have plans to expand our reach even further by deploying PancakeSwap v3 on at least one more blockchain. This move will not only enhance the accessibility and versatility of our platform but also provide our users with more options and opportunities to trade and engage with crypto.

But that's not all! As we gear up for this next growth phase, we are also dedicated to enriching our existing product suite on chains like Polygon zkEVM and zkSync Era. We believe in constantly improving and refining our offerings, ensuring you have the best experience using our platform.

Position Manager

Coming soon is an exciting marketplace-like system, allowing easy access, evaluation, and participation in different v3 position managers and liquidity automation providers, all seamlessly integrated within the PancakeSwap interface.

As we speak, the chefs are diligently developing in-house strategies tailored explicitly for the PancakeSwap community. These strategies come with unique tweaks and clever designs to enhance your experience.

Moreover, we have actively collaborated with industry-leading partners and are currently onboarding them.

Simple Staking

Simple Staking offers a seamless single-sided staking experience, allowing users to stake various tokens for a fixed period and earn attractive APR.

As a PancakeSwap user, you can enhance your staking rewards even further if you hold CAKE tokens and participate as a staker. The extra APR boost adds an exciting incentive to make the most of your staking experience.

Still hungry?

Join us on Twitter , Telegram, in our Discord server, or in our growing Reddit community!

Bon appétit!

The Chef's 🐰🥞