Blockchain Security Firm CertiK Successfully Audits PancakeSwap

17 Oct, 2020 Updated 20 Nov, 2025

By Achal Arya

Administrator

Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.

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The Binance-backed DeFi yield farming protocol PancakeSwap received a green signal from CertiK. The native CAKE token has been showing massive activity on Binance Smart Chain over the last week. With over 561k+ transfers in the last 7 days, $CAKE remains the most transferred token on BSC with nearly 40,000 unique addresses. With a large number of high-value transactions, PancakeSwap has changed the minimum transaction to $50k USD and more.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.