# PancakeSwap

*The multi-chain DEX's Robinhood Chain deployment — a small challenger to Uniswap's spot dominance.*

PancakeSwap on Robinhood Chain is a familiar multi-chain DEX showing up where the liquidity is, and on this chain that means competing for scraps behind Uniswap. Best known as BNB Chain's dominant AMM, PancakeSwap deployed on Robinhood Chain as one of several spot venues, but the numbers tell the real story: roughly $88k to $106k TVL and on the order of $29k annualized fees in early July 2026, against a Uniswap that carries hundreds of times that volume. It broadens the chain's DEX options and gives PancakeSwap users a native home here, but it is not a primary liquidity venue for Stock Tokens and it is not where price discovery happens. The strategic logic for PancakeSwap is cheap optionality — deploying to a new chain costs little and captures whatever long-tail flow Uniswap does not — and for the chain it is one more sign that established DeFi will show up to a Robinhood-branded network even if the flow concentrates elsewhere. Treat it as a legitimate but minor venue: real protocol, real deployment, marginal share.

## At a glance

- **Type:** defi
- **Category:** dex
- **Status:** mainnet
- **Website:** https://pancakeswap.finance

## Key facts

- **What it is:** A multi-chain decentralized exchange, best known on BNB Chain, deployed on Robinhood Chain as one of several spot venues behind Uniswap. _(confidence 82%)_
- **TVL on the chain:** Roughly $88k to $106k on Robinhood Chain (DefiLlama), early July 2026 — a small footprint relative to Uniswap. _(confidence 72%)_
- **Fees:** On the order of $29k annualized fees on Robinhood Chain (DefiLlama), early July 2026. _(confidence 68%)_
- **Role:** Broadens DEX options on the chain but is not a primary liquidity venue for Stock Tokens. _(confidence 75%)_

## Metrics

- **PancakeSwap TVL (Robinhood Chain):** $105.7K

## Related entities

- [Uniswap](https://hoodl2.com/entity/uniswap) — competes with
- [Robinhood Chain](https://hoodl2.com/entity/robinhood-chain) — builds on
- [Uniswap](https://hoodl2.com/entity/uniswap) — competes with

## Sources

1. [PancakeSwap — TVL, Fees, Revenue & Volume](https://defillama.com/protocol/pancakeswap) — DefiLlama
2. [PancakeSwap (CAKE) — price and charts](https://robinhood.com/us/en/crypto/CAKE/) — Robinhood
3. [PancakeSwap v3 Addresses](https://developer.pancakeswap.finance/contracts/v3/addresses) — PancakeSwap

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Last reviewed: 13 Jul 2026  
Canonical: https://hoodl2.com/entity/pancakeswap  
Source: HoodL2 (https://hoodl2.com) — an independent, sourced reference for the Robinhood Chain ecosystem. Not affiliated with Robinhood Markets or its subsidiaries.