Data Recap
Overall
- Total Volume: $11.7B
- Average Daily Volume: $390.3M
- Unique Traders: 1.6M
- Unique Onsite Users: 2.9M
- Mini Program — Onsite Users: 69K
- Mini Program — Average Daily Users: 4K
- Pancake Protectors - Total CAKE Burned: 33K CAKE ($76K)
- Pancake Protectors - Average Daily active users: 13K
CAKE
- Total burned: 36.6M CAKE ($84M)
- Bought back from the market to burn: $2.6M
- N° of holders: 1,525,252 (MoM 2.36%)
- Effective CAKE Emission Rate: 1.36 CAKE/Block
*As our emissions and burn data are calculated and grouped by weeks, not months, the statistics above may not one-to-one reflect our “monthly burn”, and only serves as a guideline. For more information on our burns, please refer to our weekly burn post on our social channels.
🍽✅ Served In November
veCAKE and Gauges System Update: Your CAKE, Your Voice
Your CAKE, Your Voice is the slogan but…what does it mean?
Imagine you’re a CAKE Holder, okay you already are. Imagine you have benefits for being one…okay you already have. Imagine more! Imagine you can be part of emissions allocations…okay that’s really new!
veCAKE Update and the Gauges Voting allow you to vote on broader governance proposals and influence the allocation of CAKE emissions within liquidity pools. In addition CAKE Stakers now have more benefits and possibilities to increase their rewards - from weekly claimable rewards to 2x farm boosters, the sky's the limit.
All this new structure could be complex to understand, that’s why we have prepared several things to guide you on this update:
If you’re a fixed term Staker, you need to migrate to the new veCAKE contract in a few clicks. Read more here 👉 https://docs.pancakeswap.finance/products/vecake/migrate-from-cake-pool
veCAKE and Gauge System Announcement: https://blog.pancakeswap.finance/articles/introducing-gauges-voting-and-ve-cake-your-ownership-of-cake-emissions
veCAKE Documents: https://docs.pancakeswap.finance/products/vecake
Game Expansion: Unleash your gamer power
Introducing the PancakeSwap Gaming Marketplace – a GameFi Revolution with 1.5 Million potential players!
This is far more than just another feature; it's a significant leap into the exhilarating domain of blockchain gaming, fueled by our community's enthusiasm and the boundless potential of GameFi.
After launching our initial game Pancake Protectors, in recent months, PancakeSwap introduced a new game Pancake Mayor. Developed by BinaryX team, Pancake Mayor is a captivating city-building simulation game. It's a world where strategy meets fun, offering players a unique gaming experience.
We also welcome developers to build on our Gaming Marketplace. Check out the developers page to learn more https://pancakeswap.games/developers
Wanna know more about Pancake Major ? Check our launching blog article 👉 https://blog.pancakeswap.finance/articles/pancakeswap-welcomes-pancake-mayor-to-our-gaming-marketplace
Say Hi to Range Protocol, our new Position Manager partner!
PancakeSwap & Range Protocol brings you the first Ethereum Position Manager with 'Trio' strategies: Passive, Active, and Pegged. Tailored to your trading style!
Position Manager is one of our latest features launched in PancakeSwap. Forget about all the headaches that setting a v3 LP brings. Select the pair, deposit and go to enjoy your pancakes!
More info about this partnership 👉https://blog.pancakeswap.finance/articles/pancake-swap-launches-its-first-ethereum-position-manager-discover-the-range-protocol-with-trio-strategies
Jump into Position Manager now: https://pancakeswap.finance/position-managers/
Embarking on the Adventure to Ultrasound CAKE: Third month in a row!
Another month, another burn report! We hit another milestone in November: the third month with a negative net mint in a row!
Every month, we bring you a detailed blog post with all the burn data.
We take our deflationary commitment very seriously. Join us on our journey to ultrasound CAKE.
Take a look at November’s burn report here 👉
https://blog.pancakeswap.finance/articles/november-2023-pancake-swap-s-cake-burn
New Farms
Perpetuals v2: Dumb Mode is here!
Time to explore a new way of trading! PancakeSwap perpetual v2 introduces "Dumb mode" on BNB Chain and Arbitrum!
What 's Dumb mode? 1️⃣ Trade any token with trade expiry durations of 60s, 5m, and 10m. 2️⃣ Open a position, wait for the expiry price and time to determine the trade result.
👉 Start trading in Dumb mode now: https://perp.pancakeswap.finance/en/futures/v2/BTCUSD
📚 Curious to learn more about Dumb mode? Check it out here: https://docs.pancakeswap.finance/products/perpetual-trading/perpetual-trading-v2/dumb-mode
Interviews in the Kitchen: Meet two Marketing Bunnies!
Fran's mission is to bring the Kitchen closer to the users. And how does he do that? By torturing everyone with his beautiful questions, whether they want to or not (just kidding).
This month, two bunnies from the marketing team stopped by Fran's office and told us how they got here: Chef Brie and Chef Oreo.
If you want to know more about the team behind PancakeSwap, check out these links.
- Chef Oreo: https://blog.pancakeswap.finance/articles/interviews-in-the-kitchen-chef-oreo
- Chef Brie: https://blog.pancakeswap.finance/articles/interviews-in-the-kitchen-chef-brie-from-hollywood-to-bunnyland
Still Cooking - Coming Soon!
Multichain Predictions
The Kitchen is working to take PancakeSwap Prediction out on a multichain journey! Say goodbye to being able to predict the price of your favorite coins only on BNB Chain! The future is multichain.
Multichain Simple Staking
Imagine earning rewards by staking a single type of asset. There is no impermanent loss & no need to manage different positions. Okay, we offer that now with our Simple Staking. But now imagine all these benefits in other chains too! That's the thing!
Still hungry?
Join us on Twitter , Telegram, in our Discord server, or in our growing Reddit community!
Bon appétit!
The Chef's 🐰🥞