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PancakeSwap : A Perpetual Vampire?

Mar 24, 2021 · 4 min read

By Jeremy Ong

PancakeSwap started as a Uniswap fork during the DeFi food farming craze and was most likely written off by many as just another cloned swapper on Binance Smart Chain (BSC). In February, PancakeSwap took the industry by surprise with extraordinary growth in TVL and trading volume. Today, PancakeSwap is one of the top DEXes by TVL ($4.3b) and daily trading volume ($934m).

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