Top 100 Tokens on PancakeSwap v2
by Trade Volume in 24 hours
PancakeSwap is Binance Smart Chain’s most popular decentralized crypto exchange. Currently, Pancakeswap v2 is the largest DEX by trading volume, boasting over 6000 trading pairs! Pancake is popular due to its low fees, fast transactions, and the enormous number of new coins deployed! Simply put, PancakeSwap is the best place to trade BSC tokens.
Top Tokens on PancakeSwap
What is PancakeSwap?
PancakeSwap is one of the top decentralized crypto exchanges, often claiming the number one spot for highest trading volume. Uniswap V3 is its main competitor, frequently playing king of the hill with PancakeSwap for highest daily trading volume.
PancakeSwap runs on the Binance Smart Chain (BSC) which facilitates fast transactions with relatively low fees. In fact, one of the main reasons PancakeSwap rose to prominence was partly due to problems of congestion, high fees, and woeful speeds on the Etherum (ETH) network. When PancakeSwap was launched, traders happily flocked to it for its low gas fees, which had been plaguing other crypto chains for months.
Beyond the low fees and quick transactions offered by BSC, PancakeSwap is a popular place for common DeFi activities such as lending, staking, and farming.
The Binance Smart Chain makes use of its native token Binance coin also known as BNB token or BNB coin. Trading crypto on BSC and the Pancakeswap app is fast, easy, and relatively cheap!
The PancakeSwap Token (CAKE)
As with nearly all the DEXs these days, PancakeSwap v2 (NOT spelled pankaceswap, pancacke swap or pancack swap!) has its own native governance token - CAKE token.
The CAKE token is used for reward payouts to liquidity providers, stakes, holders, and DeFi participants.
PancakeSwap has launched many a famous token since its inception, with well recognized top tokens such as: BinaryX (BNX), Metahero (HERO), Velas (VLX), MicroPets (PETS), and much more!
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