Is PancakeSwap custodial? Who holds your funds?
No. PancakeSwap is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
Checked 2026-10-17 · 3 sources- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
- We list 2 reported incidents for PancakeSwap on its legit check.
Sources: PancakeSwap Docs: Token Swaps · PancakeSwap Docs: Liquidity Pools · PancakeSwap Docs: Classic StableSwap. The venue's own page wins if it disagrees with ours.
PancakeSwap
DEX. 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.
Full PancakeSwap sheet: fees, custody, incidents →