CAKE price surged over 30% in the past month as traders are increasingly incentivized to buy and hold CAKE in order to qualify for real-time fee discounts enabled by the recently integrated trustless hooks on PancakSwap Infinity.
PancakeSwap
CAKE17.12%PancakeSwap has seen 30% jump in the past month, currently trading at $2.67. The surge is likely buoyed by the recent integration of the Brevis trustless hooks on PancakeSwap Infinity.
The Brevis Hooks system enables PancakeSwap Infinity to offer personalized, dynamic trading fees that are fully enforced by onchain logic—eliminating the need for staking, which is usually required on exchanges where users must lock up the native token to access fee discounts. Instead, the hooks automatically detect users’ trading volumes and CAKE balances and apply fee discounts in real time.
https://twitter.com/PancakeSwap/status/1926861141046706646
For volume-based discounts, the eligible pairs include USDT–USDC and ETH–USDT. Traders who execute higher volumes on these pairs receive reduced fees as a reward for their activity. For CAKE-based discounts, simply holding CAKE in your wallet qualifies users for lower trading fees on these pairs—no staking required.