PancakeSwap has announced its MEV Guard feature upgrade on BNB Chain, adding support for new crypto wallets. This initiative aims to protect traders from malicious MEV attacks and enhance DeFi security.
What Is MEV and Why Does It Matter?
MEV (Maximal Extractable Value) refers to profits extracted from blockchain users by manipulating transaction order. These attacks include frontrunning and sandwich attacks. PancakeSwap's MEV Guard acts as a shield against such practices.
Key Features of the Enhanced MEV Guard
The expanded MEV Guard provides PancakeSwap users with swap protection on BNB Chain, reliable high-performance connections, and easy setup. It now supports Binance Wallet, Trust Wallet, OKX Wallet, MetaMask, and Rabby Wallet.
Coinbase One CAKE Airdrop Program Details
From March 3 to May 26, 2025, verified Coinbase One members will receive CAKE tokens for trading on PancakeSwap. Members must trade at least $100 per period to qualify, with shares based on trading volume within the $8,453 pool.
These announcements highlight PancakeSwap's proactive measures in shielding traders and rewarding users within DeFi. The expanded MEV Guard and Coinbase One rewards program underline the platform's commitment to security and user satisfaction.