Uniswap vs PancakeSwap
Pick Uniswap if you are traders and liquidity providers who want direct access to Uniswap pools across many EVM chains without an interface fee. Pick PancakeSwap if you are bNB Chain traders and LPs who want deep v2/v3 liquidity and lower fee tiers than a 0.30% default. For US users: Uniswap is available; PancakeSwap is partly available.
Checked 2026-10-16 · both venues' fee pagesUniswap is an automated market maker protocol (v2, v3, v4) with a web app and self-custodial wallet built by Uniswap Labs. Since 2025-12-27 Uniswap Labs charges no interface fee; traders pay the pool's LP fee plus gas.
PancakeSwap is a multi-chain DEX that started on BNB Chain, with v2, v3, StableSwap and Infinity (hook-based) pools. Swap fees go to LPs, the treasury and CAKE buyback-and-burn.
Side by side
| Uniswap | PancakeSwap | |
|---|---|---|
| Type | DEX | DEX |
| Status | live | live |
| Chains | Ethereum, Unichain, Arbitrum, Arc, Avalanche, Base, BNB Chain, Celo, Ink, Linea, Megaeth, Monad, Optimism, Polygon, Robinhood Chain, Solana, Soneium, Tempo, Worldchain, Xlayer, Zksync, Zora | BNB Chain, Ethereum, Base, Arbitrum, Solana, Robinhood Chain, Monad, Aptos, Zksync, Linea, Opbnb |
| Platforms | web, ios, android, extension | web |
| Custody | non-custodial | non-custodial |
| KYC | none | none |
| Platform fee, round trip | 0% | — |
| $1,000 round trip | $0.00 | — |
| Sign-up perk | — | — |
| Perps taker / maker | — | — |
| United States | Available | Partly available |
| United Kingdom | Unverified | Partly available |
| European Union | Unverified | Partly available |
| Launched | 2018-11 | 2020-09 |
| Reported incidents | 3 | 2 |
Features
| Feature | Uniswap | PancakeSwap |
|---|---|---|
| limit orders | ✓ | ✓ |
| cross-chain swaps | ✓ | ✓ |
| mobile app | ✓ | — |
| browser extension | ✓ | — |
| liquidity provision | ✓ | ✓ |
| hooks | ✓ | ✓ |
| perps | — | ✓ |
| tokenized stocks | — | ✓ |
"—" means the feature was not in the sources we checked, not proof it's missing.
Uniswap: watch out for
- Swappers still pay pool LP fees of up to 1% on v3, and v4 pools can set any fee.
- Uniswap Labs settled with the CFTC for $175,000 in 2024 over leveraged token trading.
- No user referral or fee-discount program was found.
PancakeSwap: watch out for
- Solana v3 pools can charge up to 4% per swap.
- The referral/affiliate program is archived.
- Initial Farm Offerings and several tokenized-stock products are closed to US persons.
FAQ
Is Uniswap better than PancakeSwap?
Pick Uniswap if you are traders and liquidity providers who want direct access to Uniswap pools across many EVM chains without an interface fee. Pick PancakeSwap if you are bNB Chain traders and LPs who want deep v2/v3 liquidity and lower fee tiers than a 0.30% default. For US users: Uniswap is available; PancakeSwap is partly available.
Which is cheaper, Uniswap or PancakeSwap?
We could not compare published fees for both.
Can I use Uniswap or PancakeSwap in the US?
Uniswap: available. PancakeSwap: partly available. Based on each venue's own terms.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Uniswap Support: What are Uniswap Labs fees? — checked 2026-10-16
- Uniswap Developers: Fees — checked 2026-10-16
- Uniswap blog: UNIfication proposal — checked 2026-10-16
- The Block: Uniswap governance passes UNIfication — checked 2026-10-16
- The Block: Uniswap considers protocol fee expansion to eight chains — checked 2026-10-16
- Uniswap Support: Networks on Uniswap — checked 2026-10-16
- PancakeSwap Docs: Token Swaps — checked 2026-10-16
- PancakeSwap Docs: Liquidity Pools — checked 2026-10-16
- PancakeSwap Docs: Classic StableSwap — checked 2026-10-16
- PancakeSwap Docs: Infinity FAQ — checked 2026-10-16
- PancakeSwap Docs: [Archived] Affiliate Program — checked 2026-10-16
- PancakeSwap Docs: Tokenized Stocks Geo-block — checked 2026-10-16