Ethereum mainnet · Live on-chain comparison
Uniswap vs PancakeSwap
Compare Uniswap and PancakeSwap using Ethereum-only TVL, volume, trades, active addresses and tracked pools.
Data updated Jul 28, 2026, 9:20 PM UTC
| Metric | Uniswap | PancakeSwap |
|---|---|---|
| TVL | $1.16B | $21.82M |
| Volume 24h | $809.40M | $0.00 |
| Volume 7d | $979.30M | $0.00 |
| Active addresses 24h | 8,582 | 0 |
| Trades 24h | 129,171 | 0 |
| Tracked pools | 1,184 | 13 |
| Volume / TVL | 69.50% | 0.00% |
Uniswap vs PancakeSwap: what the data shows
Both venues use V2- and V3-style automated market makers, but CoinVerum limits this comparison to pools tracked on Ethereum. It does not compare BNB Chain or any other PancakeSwap deployment.
PancakeSwap Ethereum swap history begins when its pools enter the CoinVerum indexer. A zero activity value can therefore indicate incomplete indexed coverage rather than no protocol activity anywhere.
Uniswap currently has the higher Ethereum TVL at $1.16B, compared with $21.82M for PancakeSwap. Uniswap currently has the higher 24-hour Ethereum volume at $809.40M, compared with $0.00 for PancakeSwap.
How to read this comparison
A higher value is not a universal quality score. TVL describes qualifying liquidity, volume and trades show recent indexed use, and volume-to-TVL estimates how intensively liquidity was used in the last 24 hours. The figures use the same Ethereum mainnet scope on both sides.
Frequently asked questions
Which has more TVL, Uniswap or PancakeSwap?
Uniswap currently has the higher Ethereum TVL at $1.16B, compared with $21.82M for PancakeSwap.
Which has more trading volume, Uniswap or PancakeSwap?
Uniswap currently has the higher 24-hour Ethereum volume at $809.40M, compared with $0.00 for PancakeSwap.
Are active addresses the same as unique users?
No. CoinVerum counts distinct observed Ethereum transaction senders. Routers, aggregators and smart accounts can represent activity from multiple people.
Explore Uniswap analytics and PancakeSwap analytics, inspect their Uniswap pools and PancakeSwap pools, or review the data methodology.