According to TechFlow, on September 20, PancakeSwap announced that it will soon launch version 4. According to official data, the platform has accumulated 43 million users in the four years since its establishment, with a total transaction volume of US$836 billion, and currently covers 9 blockchain networks.

Chef Kids, head of PancakeSwap, said that the v4 version is designed to address the main shortcomings of existing automated market makers, including insufficient pricing model flexibility, limited trading functions, impermanent losses faced by liquidity providers, and high on-chain gas fees. The new version will focus on improving liquidity provision and cross-chain interoperability, and further enhance user experience and platform scalability.