PancakeSwap V2 is an automated-market-maker deployment on BNB Smart Chain. Users swap tokens from self-custody wallets. Liquidity providers deposit both assets in a pair and receive fungible pool tokens.
Live data
Total deposited value is not treated as fully executable liquidity. Pool depth and price impact remain unavailable until they are calculated for a stated trade size and stored with the market observation.
Markets
| Base Asset | Type | Pair | BMC ID | Quote | Price | Price USD | 24h Volume | Last Updated | Status | Market |
|---|---|---|---|---|---|---|---|---|---|---|
 Kamirai$KAMIRAI
|
DEX | $KAMIRAI/WBNB | 1128 |
WBNB | 0.00000998 | $0.000009978 | $4,815 | 6m ago | ok | Open |
Description
V2 pools use a constant-product model. Prices move as the pool balance changes. Large swaps cause more price impact, especially in small pools. A router can combine pools to find a better route.
It must identify V2 contracts and not mix them with V3 positions. Risks include smart-contract bugs, malicious tokens, BNB Chain congestion and impermanent loss. Contract addresses should be verified through PancakeSwap's developer documentation.
BMC should measure reserves, effective price, price impact and gas on BNB Smart Chain.
Description reviewed at: .
Next review due: .
