On Monday, the Pancakeswap team announced via a blog post that PancakeSwap is live on the Monad Testnet. This integration brings industry-low trading fees, enhanced liquidity, and greater capital efficiency to decentralized trading.
PancakeSwap on Monad offers faster, cheaper, and more efficient decentralized trading with enhanced liquidity, ultra-low fees, and optimized execution. Both PancakeSwap v2 and v3 are now live on Monad testnet, giving liquidity providers and traders the flexibility to choose the best option for their needs.
PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 10% today and is currently trading at $2.171.
Hassan Maishera