PancakeSwap (CAKE): The Top DEX on BSC
》 PancakeSwap is the leading decentralized exchange on Binance Smart Chain, offering fast transactions with low fees.
✅ Pros:
▪︎ Low trading fees compared to Ethereum-based DEXs
▪︎ Staking & farming opportunities for passive income
▪︎ Wide range of trading pairs and liquidity pools
❌ Cons:
▪︎ CAKE inflation may impact long-term value
▪︎ Risks of impermanent loss for liquidity providers
▪︎ With strong community support and constant upgrades, PancakeSwap continues to dominate the BSC DeFi space!
