PancakeSwap Infinity, the latest evolution of the popular decentralized exchange, has officially launched on Base, Coinbase’s Ethereum Layer-2 network. The rollout comes at a time of record-breaking growth for Base, which just hit an all-time high in total value locked (TVL) and decentralized exchange (DEX) volume.
Announced Tuesday, PancakeSwap Infinity’s deployment on Base follows its debut on BNB Chain earlier this year. As version four of PancakeSwap’s protocol, Infinity introduces a more advanced, multichain framework aimed at optimizing liquidity, reducing fees, and offering greater customization for DeFi users and developers.
Base Network Surges in Adoption
According to data from DefiLlama, Base’s TVL has soared to $4.295 billion, up nearly 34% from $3.211 billion at the start of 2025. On the same day as PancakeSwap Infinity’s Base launch, DEX trading volume on the network hit a new high of $1.616 billion in just 24 hours—further cementing Base’s status as one of the fastest-growing Ethereum Layer-2 ecosystems.
Base’s rapid ascent has been driven by growing adoption across both retail and institutional sectors. Earlier this year, Base handled over 1,000 transactions per second in a single day, rivaling Layer-1 networks like Solana in throughput. Major financial institutions are also taking notice: JPMorgan’s blockchain unit Kinexys recently announced it is piloting its JPMD deposit token on the Base network, as part of a broader push to bring institutional-grade payments onchain.
What’s New in PancakeSwap Infinity
Built as a multichain protocol, PancakeSwap Infinity supports a variety of pool types to cater to different liquidity strategies. The updated system allows users to personalize fee structures and promises major cost savings—up to 99% lower fees on pool creation and roughly 50% off trading fees for Ethereum-to-ERC-20 swaps.
A standout feature of this version is the introduction of “hooks”—smart contract plug-ins that can be attached to liquidity pools. These hooks can execute logic before or after key pool events, such as swaps or liquidity changes. This enables advanced features like dynamic fee adjustments, onchain limit orders, and rebate programs, all without altering the core automated market maker (AMM) contract. Because hooks are modular and external, developers and pool admins can deploy them independently, expanding DeFi customization with less risk.
Crosschain Swapping Now Live
PancakeSwap Infinity also supports one-click crosschain swaps via the Across Protocol, allowing seamless trading between BNB Chain, Arbitrum, and Base—an increasingly valuable feature as users seek frictionless experiences across DeFi ecosystems.
