PancakeSwap Launches Volume 3 That Come With 4 Different Trading Fees Between 0.01% And 1%

PancakeSwap the largest decentralized exchange in BNB Chain launches PancakeSwap volume 3, it now lives on both BNB Chain and Ethereum. PancakeSwap V3 aims to offer the lowest trading fees in the industry. It offers four different trading fees range from 0.01%, 0.05%, 0.25% and 1%. Whereas, the old PancakeSwap V2 had a fixed trading fee of 0.25%

PancakeSwap V2 had a fixed trading fee of 0.25%. But PancakeSwap V3 will let traders and liquidity providers agree on trading fees for each pool or each trading pair.

For example, the lowest trading fee is 0.01%. For a $1,000 stablecoin trade, users will receive $999.9 and pay 0.01% fee. Some trading pairs might be set at 0.05% fees if trader and liquidity providers agree that they have higher impermanent loss. 0.25% trading fees might be set for trading pairs with low volume or riskier. 1% fees can be used for assets that have the highest chance of impermanent loss and highest volatility.

PancakeSwap ranks number 1 in TVL on BNB Chain with $2.38 billion in TVL.  Venus and Alpaca Finance come in number 2 and number 3 with $843 million and $341 million in TVL.

PancakeSwap Volume 3 Tier Breakdown: