pancakeswap

According to official news, the proposal to reduce the maximum supply of PancakeSwap's native token CAKE has been approved with 100% of the votes.It is reported that the proposal suggests adjusting the maximum supply of CAKE from 450 million to 400 million, leaving a buffer of approximately 50 million between the current circulating supply (about 350 million) and the new maximum supply (400 million).

The PancakeSwap governance forum shows that the PancakeSwap team has proposed to reduce the maximum supply of CAKE tokens from 450 million to 400 million.The PancakeSwap team stated that since September 2023, CAKE has been in a deflationary state, and this trend is expected to continue. The team has accumulated approximately 3.5 million CAKE as a growth fund for the ecosystem, which will be prioritized for protocol development needs, making it less likely for the protocol to return to an inflationary state.The proposal will enter the voting phase after community discussion, and if approved, it will reduce the maximum supply cap by 50 million CAKE.

According to market news, the unknown smart contract MSCST on the BSC chain suffered a flash loan attack, resulting in an estimated loss of about $130,000.The vulnerability originates from the lack of access control (ACL) in the releaseReward() function of the MSCST contract, allowing attackers to manipulate the price of GPC tokens in the PancakeSwap liquidity pool (0x12da).

According to Decrypt, Senator Elizabeth Warren publicly warned this week in a letter about the potential national security risks associated with decentralized exchanges (DEX), specifically pointing out the trading of the stablecoin USD1 linked to Trump and its connection to funds stolen by North Korean hackers.Warren noted that on-chain cryptocurrency users can utilize DEX without strict anti-money laundering controls, such as KYC disclosures, which allows them to "use decentralized platforms to transfer, mix, and cash out illegal funds."Previously, Warren also criticized the cryptocurrency lobbying industry and issued a warning regarding the GENIUS Act focused on stablecoins: the cryptocurrency regulation under consideration at the time "greatly fueled President Trump's corruption," and called for an investigation into the TRUMP meme coin launched in January.

According to CoinDesk, U.S. Senator Warren has called for a national security investigation into a segment of the cryptocurrency space, specifically expressing concerns about the decentralized exchange PancakeSwap. She stated that the exchange is attempting to inflate the token issued by World Liberty Financial (WLFI), which is associated with President Trump.In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi on Monday, Warren indicated that the exchange operates on multiple blockchains and is a major protocol on the Binance Smart Chain. She requested an examination of whether it is linked to "any improper political influence exerted by the Trump administration on law enforcement decisions," asking the two to investigate this, which echoes her similar request regarding WLFI from last month.Warren is a senior Democrat on the Senate Banking Committee, which must revise and approve legislation before it can be voted on by the broader Senate. Since a significant portion of her Democratic colleagues on the Senate Banking Committee have agreed to negotiate with Republicans on a cryptocurrency market structure bill, Warren has largely been excluded from the committee's negotiations on crypto legislation.

PancakeSwap announces the launch and incubation of the on-chain prediction market platform Probable, which is jointly supported by PancakeSwap and YZi Labs, and will be exclusively deployed on the BNB Chain.According to reports, Probable is positioned as a user-centric on-chain prediction platform, featuring zero fees, on-chain settlement, and a simplified user experience. Initially, the platform will not charge prediction fees, leveraging the low-cost and high-performance infrastructure of the BNB Chain to support users in predicting the trends of crypto assets, global events, sports events, and certain regional specialty markets.On the mechanism level, Probable uses UMA's Optimistic Oracle as the event adjudication tool, achieving result confirmation through a dispute-based verification method to enhance the transparency and censorship resistance of the prediction market. Additionally, users can recharge with any token, and the system will automatically convert it to USDT on the BNB Chain for participation in predictions, lowering the operational threshold.PancakeSwap stated that Probable is an independent project, and its team will advance product implementation and ecosystem expansion with the support of PancakeSwap and YZi Labs. The prediction market is expected to officially launch soon.

PancakeSwap posted on social media that it will soon release positive news.

According to data from DefiLlama, the total DEX trading volume surged to a historic high of $613.3 billion in October, up from nearly $500 billion in September. Among them, Uniswap topped the list in October with a trading volume of $170.9 billion, an increase from $106.5 billion in September. PancakeSwap ranked second with a trading volume of $101.9 billion, up from $79.8 billion the previous month.On the other hand, CEX trading volume also reached a new high in October, hitting $2.17 trillion, the highest level since January 2025. The trading volume in October grew by about 28% compared to $1.69 trillion in September. Binance recorded a trading volume of $81.04 billion last month, maintaining its position as the largest trading platform globally, up from $63.65 billion in September. (The Block)

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the decentralized exchange PancakeSwap has been the project that X (Twitter) top figures have unfollowed the most. The new influential figures on X who have unfollowed this project include cryptocurrency trader Loomdart(@loomdart), Block Mr. (@mrblocktw), and cryptocurrency analyst Phyrex(@Phyrex_Ni).In addition, the projects that X top figures have unfollowed the most also include Bless, Limitless, and time.fun.

ChainCatcher news, the "Binance People" token ($Binance People) plans to officially launch on the PancakeSwap platform.It is reported that this token is issued based on community consensus with the vision of "Binance Life," aiming to pay tribute to participants in the crypto space and establish a value connection with BNB holders and BSC ecosystem builders.As a symbol of community consensus, the "Binance People" token emphasizes the recognition of contributions from every builder and is committed to creating a more identity-driven cultural identity in the crypto world.

ChainCatcher message, PancakeSwap disclosed on platform X that its Chinese account @PancakeSwapzh has been compromised. Please do not click on any recent links or interact with posts. The team is investigating and resolving this issue. Updates will only be shared through the official account @PancakeSwap.It is reported that the hacker promoted a meme coin called "Mr. Pancake" through @PancakeSwapzh this morning, and the related tweets have been deleted.

ChainCatcher news, according to official sources, the total locked value (TVL) of the USDT/DUSD stablecoin trading pair on the PancakeSwap exchange on the BNB Chain has tripled in 7 days, making it the largest liquidity pool on the chain.

According to ChainCatcher news and BscScan data, an anomalous address holding 4.854 billion GAIN (91.61% of the total) stopped transferring GAIN to the PancakeSwap V3 pool half an hour ago. Currently, GAIN is priced at $0.025, a 400% rebound from the low of $0.005, but still down 84% from the price before the incident.

ChainCatcher news, according to official sources, PancakeSwap will expand its "Crosschain Swaps" feature to Solana, enabling seamless transactions across 7 major blockchains in a single trade on PancakeSwap, supported by Relay technology.

According to ChainCatcher's message, data disclosed by Token Terminal on platform X shows that BNB Chain generated $357.3 million in fee revenue in the third quarter of this year, setting a record high since the first quarter of 2023.The platforms with the largest contributions include: PancakeSwap, Venus, Uniswap, Solv Protocol, Aave, APX, Thena, Euler, DODO, and LayerZero.

ChainCatcher news, according to official information, PancakeSwap has announced that US stock perpetual contracts (AAPL, AMZN, TSLA) are now live on PancakeSwap Perpetuals. It supports on-chain trading of Apple (AAPL), Amazon (AMZN), and Tesla (TSLA) perpetual contracts, with a maximum leverage of 25 times.All funds are fully hosted and settled on the BNB Chain. Stock perpetuals are only available during US stock trading hours (13:30-20:00 UTC, Monday to Friday).

ChainCatcher message, according to Arkham monitoring, the World Liberty Fi address increased its holdings of BANK, TAG, EGL1, LIBERTY, and B tokens worth $40,000 through PancakeSwap half an hour ago.

ChainCatcher message, according to Arkham monitoring, the World Liberty Fi address increased its holdings of BANK (worth about $40,000) and TAG (worth about $40,000) on-chain via PancakeSwap within half an hour.

ChainCatcher news, according to Financefeeds, the Turkish Capital Markets Board (CMB) has taken legal action to block 46 cryptocurrency-related websites, including the major decentralized exchange PancakeSwap, on the grounds that these platforms provide "unauthorized cryptocurrency services" to Turkish residents.Since March of this year, the CMB has been fully regulating cryptocurrency service providers operating in Turkey, establishing a new licensing and compliance framework. In February of this year, Turkey implemented new regulations requiring users to provide identification for cryptocurrency transactions exceeding 15,000 Turkish Lira (approximately $425). Although buying and holding cryptocurrencies remains legal in Turkey, the country banned the use of digital assets for payments in 2021.

ChainCatcher news, according to Cointelegraph, PancakeSwap's trading volume in Q2 2025 reached $53 billion, a month-on-month increase of over 150%, with June's single-month trading volume of $32.5 billion setting a five-year high for the platform. The core growth drivers come from four major upgrades:Cross-chain exchange functionality launched, supporting direct trading between BNB Chain, Ethereum, and Arbitrum;PancakeSwap Infinity upgrade reduces gas fees and opens Hooks for custom liquidity pools;Introduction of concentrated liquidity market makers (CLAMM/LBAMM) to enhance capital efficiency;Launch of V3 liquidity pool deployment on the Solana chain on July 1.Currently, 96.7% of the platform's trading volume is concentrated on BNB Chain (with a 96.8% market share in June), while the share on Ethereum is only 0.3%. According to DefiLlama data, its 30-day trading volume of $15.3 billion ranks first among DEXs, surpassing Uniswap's $8.34 billion during the same period.