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PancakeSwap's TVL rose 18.8% before vote on fee changes, with proposal to cut CAKE token issuance.

Protocol Fundamentals
22 Oct 2026
Tokenpost
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Bullish
PancakeSwap's TVL rose 18.8% before vote on fee changes, with proposal to cut CAKE token issuance.

PancakeSwap's total value locked (TVL) increased by 18.8% to $2.38 billion before a community vote on fee changes began on October 21. The vote proposes raising liquidity providers' share of swap fees on v3 and Infinity pools from about 67% to 88%, while reducing PancakeSwap's token (CAKE) daily issuance from 22,500 to 11,000, with a further cut planned for 2025. The TVL rise started before the vote, so the proposal may not have caused it. If approved, changes would start in November, aiming to reduce CAKE supply by 20% by 2030.

PancakeSwap's token CAKE is trading at Rp39,254 on Pluang as of Oct 22, 2026 12:02 WIB. The token's market cap stands at Rp12.61 trillion, while its 24-hour trading volume is Rp632.69 billion. Pluang users show a buying interest with 58% buy orders and a typical hold time of 75 days for CAKE.

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