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PancakeSwap is a major decentralized exchange (DEX) built on the Binance Smart Chain. The PancakeSwap app, which was released in September 2020, offers a quick and inexpensive way to trade BEP-20 tokens using the Automated Market Maker (AMM) method. Instead of a traditional order book, the platform uses liquidity pools, allowing users to trade, farm, and stake CAKE with no third-party involvement.
Launch Date
Jan-2020
Company Size
Medium (51-250)