PancakeSwap TVL climbs $380M to $2.4B as fee overhaul heads to vote
CIE News ·
Based on reporting by Cointelegraph; not yet independently confirmed.
PancakeSwap's total value locked surged $380 million to $2.4 billion as a governance proposal seeks to direct 88% of swap fees to liquidity providers and cut CAKE emissions by 69%.
PancakeSwap's total value locked climbed 19% by $380 million to reach $2.4 billion as a governance vote opened on a proposed fee overhaul, Cointelegraph reported on October 21, 2026. The proposal aims to allocate 88% of swap fees to liquidity providers while reducing CAKE emissions by 69%. The measure comes amid expanding decentralized finance activity on BNB Chain.
Key facts
- TVL up $380M to $2.4B
- 88% swap fees to LPs proposed
- 69% cut to CAKE emissions
- BNB Chain
Read the original at Cointelegraph