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PancakeSwap

PancakeSwap

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PancakeSwap is the leading decentralized exchange on BNB Chain, offering AMM swaps, concentrated liquidity, perpetuals, staking, and cross-chain trading across 16+ networks.

DEXBNB ChainEthereumArbitrumBaseSolanaAptosZKsync EraopBNBLineaMonadTVL: $2.3BLast updated: Sep 16, 2026
Risk Rating
AAA
Safety Score
95

Risk Profile Overview

Overall Rating
(95/100)
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Active Risk Alerts

Live signals detected by Sentinel monitors across all five risk classes.

2active

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Score history

Re-checked monthlyNo net change

This rating is re-checked every month. A point is recorded for every check, so a flat line means we looked and nothing moved. Hover anywhere on the chart to see what moved that month, and by how much.

100
95
89
Aug 2026Sep

The Problem

BSC and multi-chain DeFi users need a deep, reliable DEX with low fees, diverse products, and native chain support without routing through Ethereum mainnet.

The Solution

PancakeSwap provides a one-stop DEX with AMM V2/V3, concentrated liquidity, stablecoin swap, perpetuals, staking, and farming — all with sub-$0.01 gas costs on BSC.

Why it Matters

5+ years as the undisputed #1 DEX on BNB Chain with $2.1T cumulative volume, now expanding to 16+ chains with Infinity (V4-style hook architecture) and PancakeSwap X (MEV Guard, auto slippage).

Protocol Metrics

TVL Trend
$2.33B

Related Research

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No related analysis articles found for PancakeSwap.

Frequently asked questions about PancakeSwap

What is PancakeSwap?+

PancakeSwap is a DEX protocol operating on BNB Chain, Ethereum, Arbitrum, Base, Solana, Aptos, ZKsync Era, opBNB, Linea, Monad. PancakeSwap is the leading decentralized exchange on BNB Chain, offering AMM swaps, concentrated liquidity, perpetuals, staking, and cross-chain trading across 16+ networks.

How does PancakeSwap work?+

PancakeSwap provides a one-stop DEX with AMM V2/V3, concentrated liquidity, stablecoin swap, perpetuals, staking, and farming — all with sub-$0.01 gas costs on BSC.

Is PancakeSwap safe?+

DeFi Sentinel rates PancakeSwap AAA with a safety score of 95/100, indicating highest safety tier. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. PancakeSwap has 6 audits on record. DeFi Sentinel's analysis flagged 2 medium risk alerts across Economic Design & Market Risk. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.

What is the safety score of PancakeSwap?+

PancakeSwap has a DeFi Sentinel safety score of 95/100 (rating AAA), last updated September 16, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).

Which chains does PancakeSwap support?+

PancakeSwap is deployed on BNB Chain, Ethereum, Arbitrum, Base, Solana, Aptos, ZKsync Era, opBNB, Linea, Monad.

Has PancakeSwap been audited?+

Yes. PancakeSwap has 6 audit reports on record from firms including Hexens, BlockSec, PeckShield. Audit reports and dates are linked under the Resources tab on this page.