Decentralized Cryptocurrency Exchange PancakeSwap Launches Crosschain Swaps Feature
On Wednesday, decentralized cryptocurrency exchange PancakeSwap announced the launch of its “Crosschain Swaps” feature, enabling users to perform token swaps across three blockchains—BNB Chain, Arbitrum, and Base—directly from the familiar platform interface with a single click.
According to official information, the feature is integrated into the PancakeSwap interface, allowing users to select the tokens they wish to swap and the target chain. After confirming the transaction details, users can complete the cross-chain transfer and swap of tokens in one transaction without needing to switch to another dApp. It is important to note that the tokens for input and output must be supported by the liquidity pools on PancakeSwap.
PancakeSwap stated that there will be no additional cross-chain transaction fees during the initial launch of the cross-chain swaps; only the standard AMM trading fees will apply. However, the platform will charge a bridging fee, which is paid to the relayers of the cross-chain protocol, Across Protocol, that assist in processing the transaction.
