PancakeSwap Announces Major Update With V4 Release

According to Odaily, PancakeSwap has announced on the X platform that it will soon release PancakeSwap v4, a significant update aimed at enhancing user experience and scalability. The new version is designed to improve liquidity provision and interoperability on the PancakeSwap platform. Currently, PancakeSwap boasts 43 million users and a trading volume of $836 billion, spanning nine blockchain networks. Chef Kids, the head of PancakeSwap, stated, 'With PancakeSwap v4, we aim to address the main shortcomings of existing automated market makers, including inflexible pricing models, limited trading functions compared to centralized exchanges, impermanent loss for liquidity providers, and high on-chain gas fees.'