Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

PancakeSwap offers up to $8 million refund of interface fees to Uniswap users

Source Fxstreet

PancakeSwap is set to pay up to $8 million of interface fees that users have encountered on rival exchange Uniswap.
Uniswap users have experienced a recent hike in trading prices on the exchange.
CAKE showed signs of a rally following the announcement before experiencing a correction.

PancakeSwap (CAKE) decentralized exchange announced on Thursday that it is offering users a refund of up to $8 million of interface fees incurred while using Uniswap.

Read more: CAKE price bottoms out as PancakeSwap announces $25 million burn

PancakeSwap to refund fees paid on Uniswap to large-scale traders

PancakeSwap, a popular decentralized multi-chain exchange, has said it would refund up to $8 million of interface fees that users have encountered on its rival exchange, Uniswap. The exchange made the announcement in an X post on Thursday.

This initiative by PancakeSwap follows a recent hike in transaction fees in Uniswap last month after it received a Wells Notice from the Securities and Exchange Commission (SEC). The hike comes as Uniswap prepares for a potential legal battle with the SEC. However, increased transaction fees have left some users worried and seeking alternative exchanges.

Also read: PancakeSwap proposal to boost liquidity by redirecting CAKE passes with 99% votes

PancakeSwap's offer promises reduced costs, improved pricing, and reimbursements for the excess interface fees, up to $8 million that users paid on Uniswap.

Get Your Uniswap Interface Fees Refunded on PancakeSwap, up to $8M!

Match your Ethereum Uniswap volume 1:1 on Ethereum PancakeSwap, and we’ll refund ALL your interface fees paid.

Trade now: https://t.co/9KbutqNsye

Check your eligibility: https://t.co/sInICDd2tY

Read more:… pic.twitter.com/SrMTPJxWsS
— PancakeSwap v4 (@PancakeSwap) May 16, 2024

To be eligible, users must have traded on Uniswap between January 1 and March 31 with a minimum volume of $5000 in Wrapped Bitcoin (WBTC) or Wrapped Ethereum (WETH) trading pairs. According to PancakeSwap, the offer is available on the exchange from May 16 to August 15.

Uniswap users can visit the PancakeSwap Dune analytics dashboard to confirm their eligibility for a refund. Once confirmed, users must match their Ethereum Uniswap Volume 1:1 on Ethereum PancakeSwap v3 in either WBTC or WETH pairs.

Read more: PancakeSwap price surges as DEX burns $35 million CAKE tokens

With the recent activity on the decentralized exchange, CAKE, the governance token for Pancakeswap, showed signs of a rally before a slight correction that saw it lose 1.7% of its value in the last 24 hours. The campaign may also boost inflows on the PancakeSwap exchange.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

China's factories are pricing in 5.7%. Its shoppers are pricing in 0.7%.China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.

Author Irene Q.

Nov 10, Tue

China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.

Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 11, 2026 Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.

Author Mitrade

Nov 11, Wed

Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.

Bitcoin lost its 200-day average — but the exit started three sessions before the CPI Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.

Author Suzie

Nov 11, Wed

Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.

Gold Extends Slide Below $4,000 as Rising US Inflation, Fed December Hike Bets Pressure Prices On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day

Author TradingKey

Yesterday 02: 00

On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day

Gold closed below $4,000 again — the ETF crowd and central banks stayed, the momentum money left Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.

Author Irene Q.

Yesterday 03: 20

Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.

Popular Symbols