PancakeSwap

PancakeSwap has expanded its tokenized stock offerings with five new assets that trade around the clock, including: - **$COIN** (Coinbase) - **$MSTR** (Strategy) - **$TQQQ** (ProShares UltraPro QQQ - 3x Nasdaq-100) - **$AMZN** (Amazon) - **$ORCL** (Oracle) These tokenized assets are powered by Ondo Finance and available for trading 24/7/365 on PancakeSwap, eliminating traditional market hours. This follows a previous expansion in July that added 10 semiconductor and tech stocks to the platform. Users can now trade these assets directly at [pancakeswap.finance/stocks](https://pancakeswap.finance/stocks) without being constrained by traditional market closing times or weekends.

**New tokenized assets** - 10 tokenized bStocks added (Netflix, Super Micro, Coherent) on BNB Chain - $USDY, Ondo's tokenized U.S. Treasury, now tradable on PancakeSwap - All assets available for 24/7 trading **CAKE token metrics** - CoinMarketCap analysis confirms CAKE as deflationary - 14.5%+ of peak supply burned to date - Weekly burn: 496k CAKE ($705k), net emission -345k CAKE **New integrations** - $QUID from Squid Router launched on Base - Trading competition: 666,667 $QUID prize pool - Two Syrup Pools with GRVT staking options **AI development** PancakeSwap partners with BNB Chain's "Build the Era" hackathon, inviting developers to create AI agents for smarter liquidity management.

PancakeSwap continues expanding its tokenized asset offerings with new trading pairs for real-world assets. **New Trading Pairs:** - Tokenized SpaceX (SPCXB) paired with USDT - Gold-backed XAUt paired with USDT - Semiconductor tokens (SKHYB) paired with USDT - Traditional crypto pairs: WETH-USDC and SOL-USDC These additions allow users to trade and earn yields on tokenized versions of traditional assets like stocks, commodities, and tech sector exposure alongside standard cryptocurrency pairs. The platform operates 24/7, bringing onchain access to assets typically limited to traditional market hours.

PancakeSwap continued its deflationary trend in July 2026, burning nearly three times more CAKE tokens than it minted. **Key Metrics:** - Minted: 674,316 CAKE - Burned: 1,944,441 CAKE - Net supply reduction: 1,270,125 CAKE - Supply burned: 0.38% This marks the 35th consecutive month of total supply reduction for the protocol's native token. The burn mechanism removes tokens from circulation, creating deflationary pressure on CAKE's supply. The protocol has maintained this deflationary model since late 2023, consistently burning more tokens than it creates through emissions. Full details: [PancakeSwap Blog](https://blog.pancakeswap.finance/articles/july-cake-burn-report)

PancakeSwap has launched 10 new tokenized stocks (bStocks) on BNB Chain, enabling 24/7 trading of traditional market assets. **New bStocks available:** - Astera Labs ($ALABB) - ASML Holding ($ASMLB) - AST SpaceMobile ($ASTSB) - Bitmine Immersion ($BMNRB) - Coherent Corp ($COHRB) - Credo Technology ($CRDOB) - IREN ($IRENB) - Netflix ($NFLXB) - Super Micro Computer ($SMCIB) - USA Rare Earth ($USARB) These additions follow a previous batch of 10 AI-focused stocks launched in July, including TSMC, Broadcom, and IBM. The platform continues expanding its tokenized stock offerings, allowing users to trade traditional market assets around the clock on blockchain infrastructure. [Trade bStocks on PancakeSwap](https://pancakeswap.finance/stocks)

PancakeSwap has joined BNB Chain's **Build the Era hackathon** as a track partner, running from **August 5 to September 9, 2026**. The hackathon focuses on building autonomous agents that provide practical benefits for traders and liquidity providers. Developers are encouraged to create solutions for: - Smarter liquidity management - Enhanced yield discovery - Safe automated swaps using PancakeSwap products The competition aims to establish an official marketplace for agents on BNB Smart Chain. PancakeSwap is providing liquidity infrastructure to support these agent-based applications. [Full challenge details and requirements](https://www.bnbchain.org/en/blog/build-the-era-build-the-official-bnb-agent-studio-marketplace)

PancakeSwap has introduced two new incentivized liquidity pools featuring XRP through a partnership with Flare Networks, a Layer 1 blockchain designed to integrate XRP into DeFi. **Available Pools:** - cbXRP-FXRP on [Base](https://pancakeswap.finance/liquidity/pool/base/0xCb7De3C4bCC3371dDfD1a996C2f21Ca5098081F5) - XRP-FXRP on [BNB Chain](https://pancakeswap.finance/liquidity/pool/bsc/0xa8002d53D56E96A2CE0662B9232C588CAac64e82) Liquidity providers can earn rewards by adding assets to these pools, expanding XRP's presence in decentralized finance.

PancakeSwap has launched 10 new tokenized stocks (bStocks) focused on AI infrastructure companies, now trading 24/7 on BNB Chain. **New Assets Available:** - **Semiconductor leaders**: TSMC ($TSMB), Broadcom ($AVGOB), Arm ($ARMB), Marvell ($MRVLB) - **Network infrastructure**: Applied Optoelectronics ($AAOIB), Nokia ($NOKB) - **Tech platforms**: IBM ($IBMB), Alibaba ($BABAB) - **Emerging sectors**: Rocket Lab ($RKLBB), Robinhood ($HOODB) These tokenized assets represent companies building core AI infrastructure - from chip manufacturing to cloud platforms. Trading occurs around the clock on BNB Chain through PancakeSwap's platform. This expansion follows PancakeSwap's recent integration of 95+ tokenized assets on Robinhood Chain and previous bStock launches covering tech giants like Microsoft, Meta, and Nvidia. [Trade AI stocks onchain](https://pancakeswap.finance/stocks)

PancakeSwap achieved several milestones in June, earning the #6 spot on Fortune Magazine's inaugural Crypto 100 list. **Key Developments:** - **Tokenized Assets Launch**: SpaceX tokens went live on day one through Ondo Finance and xStocks on BNB Chain and Ethereum - **Binance bStocks Integration**: 1:1-backed tokenized U.S. stocks (NVIDIA, Tesla, Circle) now tradable fully onchain on BNB Chain - **24/7 Trading**: Six Ondo Finance tokenized stocks and ETFs now trade around the clock, including weekends and holidays - **CAKE Token Burns**: 34 consecutive months of burns have reduced total supply by 14% **Platform Enhancements:** - AI Copilot launched for PancakeSwap Perps with market reading and trade pre-filling - New Portfolio page with fundamentals on 500+ tokenized stocks - MetaMask integration for optimized swap rates - Gold tokenization via XGLD pools with Unitas Labs **Incentives**: $300K in extra CAKE rewards through Binance Wallet across BNB Chain, Base, and Arbitrum LP pools until August 8th. [Full Kitchen Report](https://blog.pancakeswap.finance/articles/kitchen-report-june-2026)

**PancakeSwap launches on Robinhood Chain** PancakeSwap deployed its AMM v2 and v3 protocols on Robinhood Chain, an L2 network focused on tokenized real-world assets. Users can now swap tokens, add liquidity, and earn yields on the platform. **Tokenized assets expand** - 9 new bStocks added: $MSFTB, $METAB, $PLTRB, $MSTRB, $QQQB, $AMDB, $INTCB, $LITEB, $EWYB (powered by Binance) - Tokenized Revolut ($CREV) and Anthropic ($CANP) launched via ColbFinance on BNB Chain - BNB Agent Studio enables users to build autonomous V3 trading agents **Liquidity incentives and token burn** - 5 Monad pools received fresh incentives through Merkl: USDC-MON, MON-USDT, WMON-cbBTC, XAUt0-USDT, USDC-cbBTC - Weekly burn: 357k CAKE tokens burned with net emission of -207k CAKE The expansion continues PancakeSwap's multi-chain strategy, bringing DeFi liquidity to platforms focused on tokenized traditional assets.