Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange.

PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen”.

The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist.

Pancakeswap innovates quickly and ships new products regularly.

In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE".

This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.

Pancake Swap wallets To receive and store coins you need a wallet that supports Pancake Swap.