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PancakeSwap's TVL jumps 19% to $2.4B amid fee change vote and v3 pool growth

Protocol Fundamentals
21 Oct 2026
Tokenpost
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Bullish
PancakeSwap's TVL jumps 19% to $2.4B amid fee change vote and v3 pool growth

PancakeSwap's total value locked (TVL) rose nearly 19% to about $2.4 billion from Oct. 14 to Oct. 21, driven mainly by a $403 million increase in its v3 pools. Despite this growth, declines in other pools offset some gains. The rise coincides with a governance vote on proposed fee changes that would increase liquidity providers' share of swap fees from around 66-68% to 88%, and reduce daily token emissions. If approved, these changes would start rolling out in November across multiple blockchains including BNB Chain, where PancakeSwap holds most of its assets and trading volume. The vote closes on Oct. 24.

As of Oct 22, 2026 04:02 WIB, PancakeSwap's CAKE token trades at Rp40.675 on Pluang, showing a 1.53% gain in the last day. The market cap stands at Rp12,87 trillion with a 24-hour trading volume of Rp575,89 million. Despite the ongoing governance vote on fee changes, CAKE's typical hold time on Pluang remains steady at 75 days, highlighting sustained investor interest.

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