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PancakeSwap starts 88% LP fee split on Robinhood Chain; 10 chains still to switch

Robinhood Chain is first in the rollout approved by about 71% of voters. Fee tiers stay the same. PancakeSwap's September report said Infinity pools there already paid LPs 90%, so 88% may be a cut on those pools.

November 5, 2026 · Effective · Verified 2026-11-06 via official announcement

PancakeSwap said on 5 November 2026 that The Flip is live on Robinhood Chain, where every v3 and Infinity pool now pays liquidity providers 88% of swap fees, applied automatically. The other 10 chains are still to switch, one per week over about three months under the proposal, with a final switch tied to a CAKE supply target. Elsewhere LPs on most pools still get 66% to 68%.

The 88% is not a rise everywhere on Robinhood Chain. PancakeSwap's September report said every Infinity pool there already split fees 90% to LPs and 10% to the protocol, so if that still applied, those LPs' share falls by two points. PancakeSwap's post does not address this, and we found no statement of the earlier v3 split on that chain. Its fee docs still showed the old split table on 6 November. Governance closed the vote on 24 October with about 3.04M votes for and 1.25M against. The other 12% goes to the treasury, and its non-stablecoin portion still buys back CAKE.

The proposal says fee tiers stay the same, so swappers pay what they pay today, and v2 pools do not change. One exception is existing Infinity pools: their LP fees are fixed at creation, so the smaller protocol share lowers the total swap fee. The proposal's example is a 1% pool falling to about 0.76%. It estimates LPs would earn about $62M more a year once the change is complete, based on 2025 volume. A final switch waits until CAKE supply is down 20% from April 2025, which the proposal expects about 12 months after the first step. Supply was down 11.5% in October.

Effective CAKE emissions step down from 22,500 a day to 11,000 in the first step and to 7,000 after the final switch, with the 7,000 going to an ecosystem growth fund. The full cut is about 5.7M fewer CAKE a year, about 1.7% of October's 329.9M supply. DexSheet did not confirm when the first emissions cut applies. v3 pools stop sending a direct share of fees to CAKE burns as each chain switches; the proposal says v2 remains the main burn source, at 23% of its swap fees. Phemex reported about 98% of votes against on 23 October, but the final count was 70.9% for, from 43 voting addresses.

“The Flip is live on @RobinhoodCrypto Chain, the first chain in the rollout. Every v3 & Infinity pool now pays LPs 88% of swap fees, applied automatically.”

— PancakeSwap on X, 5 November 2026

Who this affects

Liquidity providers on v3 and Infinity pools, on Robinhood Chain now and on other chains as they switch, and CAKE holders. Swappers pay the same fee tiers, and v2 pools are unchanged.

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