PancakeSwap Eyes Aptos Following Ethereum Integration

The Aptos blockchain went live on Oct. 12. It aims to provide a high-throughput blockchain with low transaction fees. While the majority of tokens are held by the foundation, core developers and investors — plus a community pool largely under the control of the foundation — there was a small airdrop to early adopters.

The move comes just weeks after PancakeSwap expanded to the Ethereum blockchain. On Oct. 4, the exchange announced that the integration was live and cross-chain farming — farming tokens across both chains — began a week later.

PancakeSwap, which originally started out on BNB Chain, is the second-biggest decentralized exchange by trading volume, according to DeFiLlama. It comes in behind Uniswap. By total value locked, PancakeSwap ranks third, behind Curve and Uniswap.

A PancakeSwap product manager, known by the title Chef Mochi, said in a July AMA that the exchange’s focus is to go multichain in order to increase protocol revenue — as noted by a DeFi researcher known as Ignas. Another goal is to bring users from these chains back to BNB Chain.