What is PancakeSwap v3 (Ethereum)?
#55Live Statistics
24h Volume
$9.72M
-60.75%7d Volume
$203.80M
-74.74%30d Volume
$303.93M
+230.91%Open Interest
N/A
Market Share
0.05%
Markets
43
Weekly Visits
103,577
Rank
#55
How does PancakeSwap v3 (Ethereum) work?
PancakeSwap v3 (Ethereum) is an automated market maker (AMM) DEX. Instead of a traditional order book, it uses liquidity pools — smart contracts that hold pairs of tokens. Liquidity providers (LPs) deposit equal values of two tokens into a pool and receive LP tokens representing their share. When a trader swaps tokens, they interact directly with the pool; the AMM algorithm (typically a constant product formula x·y=k) adjusts prices automatically based on supply and demand. LPs earn a portion of every trade's fee proportional to their pool share.
Key Features
Non-Custodial
You control your private keys. Funds never leave your wallet until a trade is executed on-chain.
AMM Architecture
Automated market maker with passive liquidity pools. No counterparty needed — trade directly against the pool.
1 Network
Available on Ethereum.
Transparent Fees
Fee structure is transparent and visible on-chain for every trade.
43 Markets
PancakeSwap v3 (Ethereum) offers 43 trading markets across spot instruments.
Open Access
No KYC required. Connect any compatible wallet and start trading immediately from any jurisdiction.
Frequently Asked Questions
What is PancakeSwap v3 (Ethereum)?
PancakeSwap v3 (Ethereum) is a decentralized exchange (DEX) that operates on Ethereum. It uses a automated market maker (AMM) model and focuses on spot trading.
How does PancakeSwap v3 (Ethereum) work?
PancakeSwap v3 (Ethereum) uses liquidity pools and an automated market maker (AMM) algorithm to facilitate trades. Liquidity providers deposit token pairs into pools and earn a share of trading fees. Prices are determined algorithmically based on the ratio of assets in each pool.
Is PancakeSwap v3 (Ethereum) safe to use?
PancakeSwap v3 (Ethereum) is a non-custodial decentralized exchange, meaning users retain control of their private keys and funds at all times. Smart contract risk is inherent in all DeFi protocols — always review audits and use appropriate position sizes.
Which blockchains does PancakeSwap v3 (Ethereum) support?
PancakeSwap v3 (Ethereum) operates on Ethereum. Multi-chain support allows users to trade assets native to each supported chain without bridging.
When was PancakeSwap v3 (Ethereum) launched?
PancakeSwap v3 (Ethereum) was launched in 2023. Since then it has grown to offer 43 trading markets with $9.72M in 24-hour trading volume.
