How To Create a DeFi Exchange LIke Pancakeswap? A Detailed Guide

Posted by Alexjaxon on September 23rd, 2022

What is Pancakeswap?

 PancakeSwap is one of the famous DeFi based Protocol which aims to provide Automated Market Making (AMM) by being a #1 liquidity provider. This open-source DeFi based exchange is built on the Binance Smart Chain (BSC) through which the platform users can swap BEP-20 tokens.

CAKE is the native token of PancakeSwap and the users can swap, add liquidity, farm, yield, stake, and win CAKE Tokens through the lottery.

PancakeSwap Exchange Specification:

Type - DeFi Based Exchange

Native Token - CAKE Token

Blockchain Network - Binance Smart Chain (BSC)

Token supported for Swapping - BEP-20

Exchange Model - Automated Market Maker (AMM)

Popular Features of PancakeSwap:

Swapping 

Farming

SYRUP Pool

Addition of Liquidity

Staking 

Lottery

NFTs

Teams and Profiles

IFOs

Business Benefits of launching DeFi Protocol like PancakeSwap:

Listed here are the benefits of creating a DeFi based exchange like PancakeSwap.

Less Initial Investment

Generate High ROI

Huge Liquidity at Launch

Eliminates middleman

Go with DeFi trends

Fast Brand Identification and visibility

100% Guaranteed Trading Volume

No manpower required and more.

What is Pancakeswap clone script:

It is a Decentralized exchange script which is completely built upon DeFi based open source protocol. By using this script anyone can launch their own DeFi exchange platform like Pancakeswap.

Where to get Pancakeswap clone script:

By reading the above details about the pancakeswap and if you Want to launch your own DeFi based DEX Exchange like Pancakeswap? Get Pancakeswap Clone Script from Bitdeal now !

Get a free quote from Bitdeal for launching your own Defi Exchange like PancakeSwap!