PancakeSwap (CAKE)

Brevis just crossed a wild milestone $1.41B in trading volume powered directly through its Hook system. @brevis_zk is quietly proving how big this primitive can become. I remember testing it during Brevis Quest Phase 2. Back then, Uniswap was still running it on testnet, while PancakeSwap already had it live on mainnet. I tried providing liquidity, but the point window closed and I pulled it out shortly after. What makes Brevis Hooks so interesting is how they reshape DEX behavior. They let protocols customize trade outcomes based on specific on chain conditions turning liquidity into something smarter. On PancakeSwap, for example, simply holding a certain amount of $CAKE gives you noticeably lower trading fees. A tiny tweak, but a big unlock for user experience

this is huge numbers from brevis hook not gonna lie. passing $1.41B in trading transactions volume is amazing @brevis_zk is doing really well

Brevis and Aster have joined forces, and it's surprising how fast Brevis is developing. Pancake completed 17 million proofs, Uniswap returned $9 million in gas rebates, Pancake's VIP fee rates, Euler's lending incentives—these features are already running on Brevis. More and more DeFi projects in the market are turning to Brevis. https://t.co/IGTSwyfiXT

JUST IN: PancakeSwap is moving to Linea, Base, and zkSync — bringing v3 perps and DEX infra to major L2s. With 1.5M weekly users and over $520B in volume, its multichain strategy just got serious. Which L2 captures the most traction? https://t.co/KAABzyZxtn

$CAKE Just ranging and giving us nice shorts / longs. I expect to keep ranging for a bit. —————————— Zone of interest below. 1. 2.237. - Local VAL into this daily level. —————————— Zone of interest above 1. 2.42 - 2.45. - Local VAH, daily and a high of interest. $CAKE bulls and bears, what’s your price targets ? Someone in spot here? Just ranging on the bigger picture too. Atleast for now.

This is hands down the most important @Dune dashboard ever created, and it's not even close. The link will be in replies. https://t.co/2R54xWjVXo

$CAKE Still holding our zone very well! I expect this to continue ranging for a bit. Look for longs at the VAL, shorts at the VAH. Until we break to the upside or downside. 2.237 is key to the downside, 2.45 to the upside. Just watching these in the short term. $CAKE https://t.co/xvbqqmMHgl

Perps charge more per trade. DEXs make more money. Over the last 30 days: -> Perpetual futures platforms processed $19.1B of trading activity and earned $87.3M in fees. -> DEXs processed $228.8B of spot trading activity and earned $224.4M in fees. Perps monetize harder per dollar. DEXs monetize at far greater scale. On fee efficiency alone, perps win: • 0.46% per dollar traded on perps • 0.10% per dollar traded on DEXs But on absolute cash flow, DEXs still dominate: DEXs earn ~2.6× more total fees than perps That gap is structural. Perps compete on leverage, rebates, and tight spreads. They must keep fees high enough to monetize, but low enough to retain flow. DEXs charge a fixed toll on every swap. Routing, arbitrage, rebalancing, migrations, and cross-chain flows all pay that toll. They scale on breadth, not leverage. That’s the real split: • Perps dominate fee intensity. • DEXs dominate total cash flow. Or put simply: Perps monetize traders. DEXs monetize the entire ecosystem.