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EVENT / TOPICHistorical

PancakeSwap TVL Surpasses $380M as Fee Restructuring Vote Heads to Implementation

1 reports1 sources10/21/2026 updated

Current overview (not historical)

AI overview

PancakeSwap governance opened a vote on 'The Flip' proposal, which, if approved, would increase liquidity providers' fee share on V3 and Infinity pools to 88% while reducing daily CAKE emissions by approximately 69%. The vote ran from Oct. 21 to Oct. 24, with implementation slated for November. As of the report, TVL has surpassed $380 million.

Written with AI from the reporting · updated 10/21/2026

Latest developmentOct 21, 18:50
PancakeSwap TVL rises 19% to $2.4 billion amid fee distribution overhaul vote
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  1. 1Unclassified fact stationOct 21, 00:00recorded Oct 21, 19:17single sourcerevised

    PancakeSwap TVL tops $380M as major fee overhaul heads to vo

    Read original source ↗ CointelegraphReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    PancakeSwap
    Action：
    opened a governance vote on a proposal called 'The Flip'
    Object：
    increase liquidity providers' share of swap fees on V3 and Infinity pools to 88%
    Occurred (fact side)：
    Oct 21, 00:00
    Cointelegraph ↗Report pageRevision 2 · currently revised
    Published (valid side)：
    Oct 21, 18:50
    First seen (known side)：
    Oct 21, 19:17
    Fact stationSingle source · one-sided claimRevised

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Oct 21
  1. CointelegraphRelated fact: single sourceSource report revised
    PancakeSwap TVL rises 19% to $2.4 billion amid fee distribution overhaul vote

    Report first recorded Oct 21, 19:17

    PancakeSwap's total value locked reached $2.4 billion on Oct. 22, up from $2.02 billion on Oct. 14, driven by a 19% weekly increase. Liquidity in V3 pools more than doubled to $739 million. The growth coincides with a governance vote on "The Flip" proposal, which aims to increase liquidity providers' fee share to 88% and reduce daily CAKE emissions by approximately 69%.

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