Odaily Planet Daily News Developer Chef Cocoa revealed today that PancakeSwap has launched Arbitrum to expand its user base and increase revenue. Deployed on Arbitrum will provide PancakeSwap users with lower fees and faster transactions. Users can currently trade with fees as low as 0.01%, which is one of the lowest fees among DEXs.
PancakeSwap has previously been deployed on BNB Chain, Ethereum, Polygon zkEVM, zkSync and Aptos blockchains. According to DefiLlama data, as of Wednesday, PancakeSwap TVL exceeded $1.5 billion. (CoinDesk)