PancakeSwap, a prominent decentralized exchange operating on the BNB Chain, has experienced a dramatic surge in trading volume, reaching an astonishing $11.65 billion in just the past 24 hours. This impressive spike can be attributed to several key factors. Firstly, the introduction of ultra-low-fee trading pools has attracted traders seeking better rates and increased trading activity. The recent changes to PancakeSwap’s tokenomics, particularly Tokenomics 3.0, have further fueled this growth by influencing CAKE’s supply and demand dynamics. This shift has led to a noticeable impact on both market liquidity and pricing structures, as traders actively seek out these lower-fee trading pools while contributing to the increased burn rate of CAKE tokens.