PancakeSwap Infinity launches on Base as L2 network hits record TVL
PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase’s Base network as its TVL and DEX activity hit all-time highs.
PancakeSwap Infinity, the fourth version of the PancakeSwap decentralized exchange (DEX), has made it to Coinbase’s Ethereum layer-2 network, Base.
According to a Tuesday announcement shared with Cointelegraph, PancakeSwap Infinity is now live on Base. The announcement follows the launch of PancakeSwap Infinity on BNB Chain at the end of April.
The announcement comes as Base’s total value locked (TVL) reached a new high of $4.295 billion, according to DefiLlama data. This represents a 33.75% increase from its TVL of $3.211 billion reported on Jan. 1.