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DeFi Deep Dive - PancakeSwap vs Uniswap

Written By Ivan on Tech

Feb 21, 2021

PancakeSwap has seen a lot of interest in recent weeks. Essentially a clone of Uniswap, PancakeSwap provides a very similar user experience to Uniswap. However, with rising Ethereum transaction fees and network congestion, a serious automated market maker (AMM) competitor was bound to emerge. There have been several attempts to copy the #1 AMM on Ethereum. However, the first-mover advantage and strong fundamentals have kept Uniswap in the spotlight for several months. Until recently, that is, when PancakeSwap rose to prominence seemingly overnight. The space has seen a huge wave of adoption and trading volume galvanized by the Binance Smart Chain community. But, how do PancakeSwap vs Uniswap stack up against each other?

In this article, we’re going to explore the PancakeSwap and Uniswap AMM platforms and weigh the pros and cons of each. Also, we’re going to explore how these platforms rose to the top as the two DEXs with the highest trading volume. Furthermore,...

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