They are known to not just be a DEX you can swap, but also a great competition place as well. If you are interested in getting into BSC (also exists as Binance Chain) investments, then Pancakeswap is the way to go for any newbie and even veterans.Īt the 14th rank of all DEXs, we have Biswap, which is a great ranking for a project that is limited to only one chain. With a leading volume, great liquidity, a lot of TVL, and popularity, it is the first choice in people’s minds whenever they are looking for a DEX ins BSC. This means that if there is a good project on Binance Smart Chain (also exists Binance Chain), then there is a pair for it on Pancake as well.īSC allows for the implementation of smart contracts for tokens on the Binance-branded blockchain, running in parallel to Binance Chain. With a great whitelist and pair amount, they are providing people with all the good projects they could find on BSC as well. There is nothing you can find on Binance Smart Chain and can’t find on Pancakeswap. There are 2 main types of tokens on the Binance Smart Chain - the BEP-20 token and the BEP-721 token. The name of the native token is Binance Coin (BNB). It also has the native token used at the top of the lists as well. With over 5+ billion dollars TVL and a peak of 7.7+ billion dollars, it is by far the biggest one on the list. It has been around for a long time and was the first one that created the hype for BSC. Pancakeswap is the OG Dex on the Binance Smart Chain. Top 7 decentralized exchanges on Binance Smart Chain
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