According to TechFlow, on October 15, the decentralized exchange PancakeSwap launched a new product, PancakeSwapX, which enables zero-fee transfers and gas-free asset exchanges on the Ethereum and Arbitrum networks. The product aims to improve the efficiency of user transaction price execution and make cryptocurrencies more popular.

Chef Kids, head of PancakeSwap, said that PancakeSwapX allows traders to focus on executing transactions without having to maintain multiple native Gas tokens or calculate Gas fees. In addition, by aggregating liquidity from multiple sources, users do not need to switch between different platforms to get a better execution price.