PancakeSwap Infinity volume hits $150 billion milestone
PancakeSwap (CAKE)
Editor:
Eugene Serbin
cryptobriefing.com reports that PancakeSwap Infinity has surpassed $150 billion in cumulative trading volume. This milestone arrives roughly a year and a half after the upgraded decentralized exchange launched in April 2025. The platform, formerly known as v4, has expanded from BNB Chain to Base, Robinhood Chain, and Arc.
Daily trading activity now ranges between $270 million and $290 million, driven largely by stablecoin and meme token pairs. The upgrade introduced a CLAMM design and supports approximately 60,000 hooked liquidity pools. These hooks allow developers to attach custom logic to liquidity pools.
The protocol also offers native token handling and reduced gas costs. Recent expansions to Robinhood Chain and Arc introduced a 90% fee share for liquidity providers. This economic shift aims to attract capital by offering a significantly higher cut of trading fees. The growth from $113 billion in April 2026 to over $150 billion indicates sustained usage beyond the initial launch period.
How the market reacted
Whalio's own Binance spot order flow for CAKE, measured when this story was written up on 2 October 2026. Not the outlet's figures.
CAKE is currently trading at $2.57 with a 24-hour buy ratio of 54.8%, indicating that buyers are dominating the daily session. However, the 1-hour buy ratio has dropped to 51.9%, and the 4-hour ratio fell further to 42.0%, suggesting that short-term buying pressure is fading. The 24-hour volume delta is positive at $359,457, showing net accumulation over the day, but the 4-hour delta is negative at -$156,939. The volume delta measures the difference between buy and sell volume, so a positive number means more money flowed into buys than sells. The negative 4-hour delta indicates that recent selling has outweighed buying in the immediate past hour. CVD closed at -$131,818, reflecting that cumulative volume delta has been negative at the close of the period.
The latest daily buy ratio of 54.3% sits at the 87th percentile of the last 322 days, against a median of 50.6% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for CAKE, averaged over the days leading up to the story.
Over the preceding week, CAKE experienced a 6.5% price decline despite a positive volume delta of $946,038. The 7-day average buy ratio was 51.0%, which is slightly lower than the current 24-hour ratio of 54.8%. Today’s volume was 0.41x the weekly average, indicating a significantly quieter trading day than usual. Net buying occurred on only 4 of the 7 days in the prior week. This suggests that while today shows stronger relative buying pressure, the overall weekly trend remains mixed with lower volume and a price drop.