PancakeSwap Perps Launches Multi-Asset Collateral Mode Across Five Major Tokens

PancakeSwap's weekly update highlights several active initiatives and partnerships: **Trading Incentives** - "Try Perps on Us" Round 2 covers first losses through June 9 - SLX Trading Competition with Solstice offers 275,862 $SLX prize pool, ending June 9 **Community Expansion** - New regional Telegram communities launched for Malaysia, Philippines, and Thailand - DeFi Meetup with Binance Academy scheduled in Bandung on June 6 **Liquidity Pools & Rewards** - Gold-backed XGLD-XAUt pool now live on BNB Chain with Unitas Labs - WETH/GITLAWB pool rewards extended on Base with double rewards in $CAKE and $USDC - $10k in MON incentives added to Monad farms **Token Economics** - Weekly burn: 583k CAKE ($857k) - Net emission: -367k CAKE (-$540k)

PancakeSwap's May update shows continued platform development across multiple fronts. **Key developments:** - 33 consecutive months of $CAKE token burns, totaling over 51 million tokens removed from circulation - New perpetuals trading launched with Simple Mode, Pro Mode, and up to 200x leverage through Aster_DEX - xStocks integration brings tokenized real-world assets to Ethereum with gas-free, MEV-protected trading - PancakeSwap Infinity reached 5 million traders in May - $CAKE added to Binance's Proof of Reserves **Platform improvements:** - Chef AI assistant now available on FAQ page - Hypernative Labs integration for real-time security monitoring - New pool filtering system for hooked Infinity Pools - Japanese ambassador added to global team The platform continues expanding its trading options and security features while maintaining its token burn program. [Full Kitchen Report](https://blog.pancakeswap.finance/articles/kitchen-report-may-2026)

PancakeSwap has introduced new SOL-based liquidity pools on Base, with some farms offering annual percentage rates exceeding 4,700%. **New Pool Offerings:** - [USDT-LAB pool](https://pancakeswap.finance/liquidity/pool/bsc/0x7d7106e0BD3EE6D85e88dABF8721175731cd37F2?chainName=bsc&id=0xb040ea24a4Ef35a3ED400B0fF26D8B6F30DEEcaD&chain=bsc) on BSC - [GENIUS-USDT pool](https://pancakeswap.finance/liquidity/pool/bsc/0x9DfF5b244427bD42C650de57766b3a85761DE780?chainName=bsc&id=0x9DfF5b244427bD42C650de57766b3a85761DE780&chain=bsc) on BSC - [SOL-cbBTC pool](https://pancakeswap.finance/liquidity/pool/base/0x415c88A05B75d1a65822d899f4A78b4C0D7CbefD) on Base - [SOL-USDC pool](https://pancakeswap.finance/liquidity/pool/base/0x04d25d8f94A2018F8DdDe1E7941c625FA1a2c7cE?chainName=base&id=0x04d25d8f94A2018F8DdDe1E7941c625FA1a2c7cE&chain=bsc) on Base - [EURW-USDC pool](https://pancakeswap.finance/liquidity/pool/monad/0x87cb5088d8bbFe3257268eB9cDD400dA1d000E86) on Monad The platform continues expanding its cross-chain liquidity options, allowing users to deploy capital across multiple networks. [Get farm updates](https://t.me/pcsliquiditybuffet)

**Reimbursement Distribution Complete** Traders who used perpetual contracts between May 19-26 should check their wallets - reimbursements have been sent out. **Key Details:** - Funds distributed directly to user wallets - Appeals process available for missing payments - Submit concerns via [appeal form](https://forms.gle/ZtqSBaecg2rZ3Za76) This follows previous compensation rounds, including the XPL perp incident where affected users received USDT reimbursements covering trading fees and liquidation fees.