Congratulations to the winners of PancakeSwap's perpetual trading campaign. The winners for daily rewards for new users and top 10 daily volume traders have already been announced. The top 10 volume traders on Perpetuals v2 will receive grand finale rewards, and all rewards will be distributed within two weeks. Keep trading perpetuals on PancakeSwap available on BNB Chain and Arbitrum.
Position Managers Retirement Notice

**Important Deadline**: Several PancakeSwap Position Managers are being retired on June 21, 2025, at 08:00 UTC. **Affected Position Managers**: - Bril - Defiedge - Teahouse - Range - Alpaca **Critical Actions Required**: - Users must withdraw positions before the deadline - After retirement, positions will be placed in wide ranges - Deposits will become inaccessible via PancakeSwap This change only affects users with active liquidity in these managed vaults. [Read full details](https://blog.pancakeswap.finance/articles/action-required-retirement-of-position-managers-bril-defiedge-teahouse-range-and-alpaca)
PancakeSwap Perpetual Infrastructure Now Powered by Aster DEX
PancakeSwap's Perpetual trading platform has undergone a significant infrastructure upgrade following the merger of APX Finance and Astherus into Aster DEX. Key Features: - Classic Mode: Trade with up to 250x leverage (8 bps fees) - Degen Mode: Up to 1001x leverage with zero slippage and no opening fees - Currently supports BTC and ETH pairs, with more coming soon The platform recently expanded to Base and opBNB networks, offering enhanced trading capabilities and improved performance. [Start Trading](https://perp.pancakeswap.finance/en/futures/v2/BTCUSD) [Learn More](https://blog.pancakeswap.finance/articles/pancake-swap-perpetuals-v2-expands-to-base-and-op-bnb-powered-by-apx-finance)
PancakeSwap and BNB Chain Announce Seoul Meetup

PancakeSwap and BNB Chain are hosting a community meetup in Seoul on June 10th at 7PM. Key highlights: - DeFi-focused presentations and discussions - Interactive games and exclusive merchandise - Networking with Web3 community members - Direct interaction with PancakeSwap & BNB Chain ambassadors [Register here](https://lu.ma/eax9iqse) to secure your spot at this collaborative event.
Building Smarter Pools: Brevis Hooks Workshop on PancakeSwap Infinity

PancakeSwap is hosting a live workshop demonstrating Brevis Hooks integration on PancakeSwap Infinity. The session will showcase how these hooks enable more dynamic and intelligent liquidity pools. Key Details: - Date: May 27th - Time: 14:00 UTC - Platforms: Live streaming on X and YouTube - Focus: Smart pool functionality and implementation The workshop will provide hands-on demonstrations of how Brevis hooks can enhance pool performance and flexibility on the platform. [Watch on YouTube](https://www.youtube.com/watch?v=K5IQZmN7uU0)
PancakeSwap Trading Volume Analysis: CAKE Burns and Fee Dynamics
PancakeSwap achieved record trading volumes, with 90% of May's volume coming from 0.01% fee tier pools. While this resulted in lower CAKE burns due to reduced fees, it indicates a more efficient ecosystem. CAKE price increased 15% in May ($2.03 to $2.50), boosting the dollar value of burns and improving LP farm APRs. Key points: - Lower fees = healthier ecosystem - Traders benefit from reduced slippage - LPs attracted to capital-efficient pools The Kitchen team continues monitoring these metrics to balance deflation with market share growth.