Total value locked
PancakeSwap holds roughly $2.2 billion in assets, making it a heavyweight in the DEX space. THORChain DEX locks about $61 million, a fraction of PancakeSwap’s size. The difference highlights PancakeSwap’s larger liquidity pool for traders.
Trading activity and fees
Daily trading volume on PancakeSwap reaches around $829 million, more than double THORChain’s $308 million. Users on PancakeSwap paid about $337 thousand in fees in the last 24 hours, while THORChain users paid roughly $353 thousand, giving THORChain a slightly higher fee intake despite lower volume.
Network reach
Both platforms are available on 13 chains. PancakeSwap spans BSC, Ethereum, Aptos, Base, Arbitrum, zkSync Era, Robinhood Chain, opBNB, Linea, Monad, Polygon zkEVM, Solana and others. THORChain DEX covers Thorchain, Bitcoin, Ethereum, BSC, Bitcoin Cash, Avalanche, Ripple, Doge, Litecoin, Tron, Cosmos and Base.
Who each DEX suits
PancakeSwap is ideal for users seeking deep liquidity and high‑volume trading across a wide range of assets. THORChain DEX appeals to traders who need native cross‑chain swaps without wrapped tokens or bridges, benefiting from its permissionless on‑chain design.