🥞【PancakeSwap July Biweekly Report (Part 2) | Historical Trading Volume Exceeds 20 Trillion x Solana Chain Continues to Expand x Gift and Social Application Login Features Launched】
First of all, congratulations to PancakeSwap for officially surpassing a total historical trading volume of 20 trillion on July 18!
1/ 🧩 Important developments 1.1. Cross-chain transactions have added support for Zksync and Linea On July 16, PancakeSwap cross-chain trading began to support ZKSync and Linea, and currently supports a total of 6 public chains: BNB Chain, Arbitrum, Base, Etehreum, ZkSync, and Linea
1.2. The trading page launches real-time price charts On July 16, PancakeSwap launched real-time price charts, allowing users to view the real-time price trends of tokens on the Swap, TWAP, and Limit pages; users who prefer the previous simplified page can also "one-click" to remove the chart.
1.3. PancakeSwap v3 is officially launched for liquidity mining on Solana On July 17, PancakeSwap v3 liquidity mining on Solana is now officially launched. Users can add liquidity to Solana-related liquidity pools and start earning trading fees and CAKE rewards when positions are in a valid price range and trades occur
1.4. PancakeSwap Launches New Feature on BNB Chain - Pancake Gifts On July 17, PancakeSwap launched a new feature on BNB Chain with Pancake Gifts With Pancake Gifts, anyone can: Instant sending of cryptocurrencies via link or QR code; No cross-chain, no fiat currency deposit, and even no wallet in the future; The sender pays the gas fee, and the receiver receives it at no cost; Cryptocurrency is available on PancakeSwap immediately upon receipt
1.6. PancakeSwap Launches Social Login Feature On July 25, PancakeSwap launched the Social Login feature. Users can create and manage a non-custodial (self-managed) wallet with one click through mainstream platforms like Twitter (X), Google, Telegram, and Discord. This feature is supported by the Web3 identity infrastructure provider Privy, marking a significant leap for PancakeSwap in terms of user-friendliness and security.
2/ 🍯 Syrup Pool New Arrivals As of July 28, Pancake has launched syrup pools for 4 projects: July 15: Peaq (PEAQ) July 21: Infinity Ground AI (AIN) July 23: Bugscoin (BGSC) July 28: Hybrid (HYB)
4/ 🤝 Ecological cooperation 4.1. Arbiter: On July 21, PancakeSwap Infinity officially launched Arbiter MEV Capture Hook! Now, MEV (Maximum Extractable Value) rewards will be returned to liquidity providers (LPs), and the first trading pair to support this mechanism is SOL-USDT (based on BNB Chain)
4.2. Birdeye: On July 21, Birdeye entered into a partnership with PancakeSwap to officially become its multi-chain market data provider. PancakeSwap has integrated Birdeye's API in its dApp, which is powered in real-time by Birdeye to drive price data from V2, V3, and StableSwap marketplaces including BNB Chain, Ethereum, Arbitrum, Base, zkSync Era, and Solana. This collaboration enhances PancakeSwap's market transparency, cross-chain data consistency, and price discovery speed, leading to a smoother multi-chain trading experience
5/ 📊 Key data breakouts 5.1. Trading volume data According to DeFillama data, as of July 29, PancakeSwap ranked first among DEX DEXs on the network with a trading volume of $190.23 billion in the past 30 days, and is still the only DEX with a trading volume of more than 100 billion in the past 30 days, and is more than double that of Uniswap, which ranks second
From its own perspective, PancakeSwap achieved a total of $83.205 billion in trading volume in the last two weeks of July. The cumulative trading volume in the four weeks (6.30-7.27) of July was 173.793 billion US dollars; On a monthly basis, PancakeSwap once again hit a new all-time high in July with a trading volume of $180.358 billion on the premise that the trading volume on the 29th, 30th, and 31st days was not counted
5.2. Destruction of Data As of July 29th, the total supply of CAKE tokens is 365M, and the peak of the total supply (397M) has dropped by 31.75M tokens As of July 29, according to PancakeSwap's official Burn Dashboard, the burn data for the last two weeks of July is as follows: 7.14-7.21: 699.18K burned, 546.24K net burned 7.21-7.28: 756.58K burned, net burned 605.51K In the last 2 weeks: 1.45M was burned, and 1.15M tokens were burned Total for the 4 weeks of July: 2.76M burned, 2.28M net burned
6 / 📣 Social Media Data As of July 28, PancakeSwap's social media data is as follows: Twitter: 2.1 million followers Discord: 105,000 users Telegram: 123,000 members (English-speaking region) Instagram: 60,000 followers Youtube: 14,500 subscribers
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