Uniswap vs PancakeSwap
On the standard spending profile, Uniswap has the lowest net annual cost (—). Uniswap offers the highest cashback (0%). Pick Uniswap if you prioritise key control (self-custody); consider PancakeSwap if you prefer self-custody.
| Uniswap | PancakeSwap | |
|---|---|---|
| Tier | S | A |
| Rating | ★ 4.9 | ★ 4.3 |
| FX markup | 0% | 0% |
| Cashback | 0% | 0% |
| Annual fee | Free | Free |
| Estimated net annual cost | — | — |
| Custodial | Self-custody | Self-custody |
| Network | — | — |
| Regions | US, EU/EEA, APAC, LATAM, MENA, Africa | US, EU/EEA, APAC, LATAM, MENA, Africa |
| Licences & safety | None (decentralized protocol) | None (decentralized protocol) |
Frequently asked questions
Uniswap vs PancakeSwap: which is better?
On the standard spending profile, Uniswap has the lowest net annual cost (—). Uniswap offers the highest cashback (0%). Pick Uniswap if you prioritise key control (self-custody); consider PancakeSwap if you prefer self-custody.
Is Uniswap custodial or self-custody?
Uniswap is self-custody: you keep the keys, while PancakeSwap is self-custody.