Odaily Planet Daily News PancakeSwap officially announced on the X platform that it will release PancakeSwap v4, a major update that is expected to enhance user experience and scalability. v4 aims to improve liquidity provision and interoperability based on PancakeSwap. Currently, PancakeSwap has 43 million users, a transaction volume of US$836 billion, and covers 9 blockchain networks. Chef Kids, head of PancakeSwap, said: "With PancakeSwap v4, we aim to solve the main shortcomings of existing automated market makers, inflexible pricing models, limited trading functions compared to centralized exchanges, impermanent losses of liquidity providers, and high on-chain gas fees."