Introducing Smart Router on PancakeSwap — Enjoy the Best Possible Price When Trading Through StableSwap

Dear PancakeSwap community and CAKE holders, we are excited to announce the launch of PancakeSwap Smart Router. Users who enable this feature will be able to enjoy the best possible price when trading through StableSwap.

What is Smart Router?

Smart Router on PancakeSwap is a routing algorithm that links up the AMM and StableSwap to provide better liquidity and pricing. It uses smart order routing algorithm that executes trades across multiple pools to find the best price for traders. This will minimize the slippage and find the most efficient trade. The Kitchen will gradually roll out StableSwap pairs to test and improve the product further.

For more information on StableSwap click here.

Why should I use the Smart Router?

• Swap your stable coins or other pairs with similar asset prices more efficiently with the same trade steps
• With the StableSwap function, the trading slippage is lower than normal AMM
• The StableSwap trading fees are lower compared to the normal AMM

What are the fees for the StableSwap?

When you conduct a swap on Smart Router, you will pay 0.04% trading fees if transactions are routed through StableSwap and the usual 0.25% trading fees on PancakeSwap AMM.

For fee schedule, click here.

Still Cooking

• Better guides on UI output
• Split routes for more efficient trades. Eg. Router sends 50% of pair to different route to save fees depending on trade size and liquidity
• Include MM linked pools for route calculation

To learn more about this feature and how to operate it, please refer to our documentation here. We strive to continually improve the experience.

If you have any feedback, please let us know on Twitter, Telegram and our Discord Server!

Stack ’em

The Chefs 🐰🥞