PancakeSwap And WLFI Launch USD1 Liquidity Push On BNB Chain

• PancakeSwap partners with WLFI to boost USD1 liquidity and adoption on BNB Chain through a multi-week rewards campaign.
• Projects must create USD1 trading pairs and compete based on volume, pool size, and long-term ecosystem contribution.

PancakeSwap, a giant DEX on the BNB Chain network, has partnered with World Liberty Financial (WLFI) in a major campaign called the “USD1 x BNB Chain Liquidity Drive.” The campaign aims to encourage the adoption of the USD1 stablecoin to compete in an increasingly crowded market.

🥞 We’ve teamed up with @worldlibertyfi for the USD1 x @BNBCHAIN Liquidity Drive!

🔹$1M+ in rewards
🔹4-week trading campaign

Full details https://t.co/7wVVuNS6wj https://t.co/3GJkCMD6mT

— PancakeSwap (@PancakeSwap) June 2, 2025

PancakeSwap Campaign Offers More Than Just Prizes

The campaign will last for four weeks with a total prize pool of over $1 million. But don’t think this is just a token giveaway. There is a strict selection process. Projects that want to participate must create a USD1 trading pair on PancakeSwap V3 with a super low swap fee of only 0.01%. The two winners with the highest trading volume will receive a $400,000 token purchase from the BUILDon Foundation.

Not only that, their tokens also have the opportunity to be permanently listed on the Aster Perp DEX. Quite interesting, especially for new projects born from the Four.meme platform and existing projects on the BNB Chain.

On the other hand, to maintain its appeal, PancakeSwap also provides a weekly bonus in the form of CAKE tokens worth $20,000 for the two most active pools. In addition, there is a $1 incentive of $200,000 distributed to the top five trading pairs. So, while competitive, there is still an even playing field for many participants.

Surge in Volume and New Features

Interestingly, this campaign comes amid PancakeSwap’s incredible performance. In the first quarter of 2025, its trading volume hit $1.3 trillion—a big increase from $20.1 billion in the same period two years earlier. The CAKE token also shone, with trading volume soaring by over 900% to $205.3 billion.

Total unique users? Over 5.8 million. Transactions? Over 114 million. Many attribute this surge to the implementation of CAKE Tokenomics 3.0 which carries a token burning system.

However, not everything is smooth sailing. PancakeSwap has just announced that several third-party partners such as Bril, Defiedge, and Alpaca will be discontinuing its Position Manager service as of June 21. Users who still have active positions are asked to immediately withdraw their funds before that date. It’s a bit of a hassle, but maybe this is a step to consolidate or simplify the ecosystem.

Meanwhile, CNF reports that PancakeSwap Infinity, an upgraded version of the old platform, has added a new feature called Hooks.

This feature allows external smart contracts to “insert” into the liquidity pool and act at critical times, such as before a swap or after liquidity is added. Imagine it like a plugin in a browser that can react immediately without having to recode. This kind of feature could open up many new scenarios in DeFi.

Back to USD1, this stablecoin from WLFI apparently already has enough capital. During the first 10 days since its listing on Binance, its volume reached $10.7 billion.

Around 98% of the total supply of USD1 is on the BNB Chain network, making it the second largest stablecoin there after USDT. If this campaign is successful, it is not impossible that USD1 will level up and start appearing on the radar of other DeFi users.

Meanwhile, as of press time, CAKE is trading at about $2.39, up 2.69% over the last 24 hours, driving its market cap to surpass the $765 million mark.