PancakeSwap, the largest DeFi platform built on BNB Chain, continues its expansion towards different networks. The decentralized exchange, which started offering transactions to users on Aptos in the past months, has now announced the expansion of Polygon zkEVM.
According to the announcements made on the official social media accounts of the project, PancakeSwap has started to offer services to Polygon zkEVM users as of now. Thus, the number of networks on which the platform offers transactions increased to four. DEX, built on BNB Chain, later expanded to Ethereum and Aptos networks.
PancakeSwap is among the largest DeFi platforms with over $1.5 billion in total assets locked. The platform also has a native token called CAKE. Accelerating upwards during the day, CAKE is trading at $1.54 at the time of writing.
Polygon zkEVM is known as a Layer 2 solution based on zk technology, initiated by Polygon developers. Reaching a total of $28 million in locked assets, the network started operations on March 27.
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