On July 1, 2025, PancakeSwap, a popular decentralized exchange (DEX), launched its version 3 liquidity pools on the Solana blockchain. This event marks the eleventh network where PancakeSwap operates.
Announcement of Liquidity Pools Launch
PancakeSwap announced the launch of liquidity pools on Solana via its official blog. Users can now trade Solana-based tokens directly through the platform. The launch of new pools offers trading fees starting at 0.01%, making it accessible to a wide audience.
Benefits for Liquidity Providers
Liquidity providers can earn up to 84% of generated fees by utilizing concentrated liquidity within specific price ranges. Each deposited asset is represented as an NFT, simplifying the management and transfer of liquidity. Users can set custom price ranges for their assets, improving potential returns.
General Information about PancakeSwap
PancakeSwap now operates across eleven networks, including BNB Chain, Ethereum, and Polygon. This multi-network approach aligns with PancakeSwap's stated goal of broad accessibility in decentralized finance.
The launch of version 3 liquidity pools on Solana marks a significant step for PancakeSwap in expanding its capabilities and providing users with more advantageous conditions in decentralized finance.
