openPR Logo
Press release

Unlocking New Opportunities for Traders, Searchers, Liquidity Providers, and Market Makers with the Launch of PancakeSwap V3 on BNB Chain and Ethereum

04-11-2023 09:43 AM CET | IT, New Media & Software

Press release from: EigenPhi

The DeFi ecosystem is constantly evolving. With the recent launch of PancakeSwap V3 on the BNB Chain (BNB Chain) and Ethereum networks, new opportunities arise for traders, searchers, liquidity providers, and market makers.

A recent report by EigenPhi's research team has found that BNB Chain offers unique arbitrage opportunities for traders and searchers, with arbitrageurs extracting over $40 million from the BNB chain during nine months from July 1st, 2022, to March 26th, 2023. Moreover, creating an arbitrage bot on the BNB Chain is ten times less expensive than on Ethereum, making it a more cost-effective option for traders and searchers.

With the launch of PancakeSwap V3, liquidity providers can efficiently manage their liquidity with the concentrated liquidity feature. This feature will allow liquidity providers and users to manage liquidity more efficiently, and it has already attracted traditional market makers to the DeFi space. In addition, the lower cost of adjusting liquidity on PancakeSwap V3 on BNB Chain may create more opportunities for market makers to adjust their liquidity more frequently and efficiently, leading to increased profits.

The similarity in the AMM design between PancakeSwap on BNB Chain and Uniswap on Ethereum makes it easy for arbitrage seekers who currently operate between Uni-V2 and Uni-V3 to seamlessly transition to PancakeSwap once V3 is live without requiring significant changes to their existing strategies.

PancakeSwap V3 offers new opportunities for traders, searchers, liquidity providers, and market makers on the BNB Chain and Ethereum networks. With significant liquidity fluctuations expected in PancakeSwap pools following the launch of V3, traders and searchers will have even more opportunities to capitalize on arbitrage.

For more information, please visit https://pancakeswap.finance/.
For more data, please visit https://eigenphi.substack.com/p/pancakeswapv3-unique-arbitrage-opportunities

Name of the Company: EigenPhi
Address: 180 Myrtle Avenue, Brooklyn, New York, 11201
Contact Info: Tony Zhu,

EigenPhi provides the best analytical tools detailing MEV and liquidity on-chain data, as well as bespoke research to allow analysts, institutions, traders, protocols, and any DeFi stakeholders to accurately see the on-chain behaviors, structures, and networks leading to arbitrage, sandwich attacks, malicious tokens and liquidations impacting their interests.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Unlocking New Opportunities for Traders, Searchers, Liquidity Providers, and Market Makers with the Launch of PancakeSwap V3 on BNB Chain and Ethereum here

News-ID: 3003532 • Views:

More Releases for BNB

XRP, Cardano, and BNB news as Market Corrects; Pepeto $700,000 Giveaway Announce …
The crypto market just saw one of its sharpest corrections this year, and while short term traders panicked, experienced investors called it a textbook opportunity. With XRP, Cardano (ADA), and Binance Coin (BNB) easing after weeks of strong gains, focus is shifting to accumulation and staking, the smart way to build during a market reset. Among the few projects capturing the attention in this shift is Pepeto (https://pepeto.io), a presale
BNB Price Prediction: BNB Eyes $1,500 Target As Binance Ecosystem Expands Rapidl …
BNB's price prediction is heating up fast as excitement builds across the Binance ecosystem. With fresh integrations and major protocol upgrades making headlines, investors are rushing to position early. Momentum is clearly shifting and many in the market now see BNB as one of the top altcoins to watch heading into 2025. The broader market is shifting from speculative bets to utility-rich platforms and tokens tied to real infrastructure. BNB stands
BNB, Polkadot, and Ethereum Prices Spike - Hashj Explains the Forces Behind the …
The cryptocurrency https://hashtagini.com/ market is again demonstrating its strength with BNB, Polkadot, and Ethereum prices recording an impressive rise. These online powerhouses have exceeded what was expected and captured the interest of investors as well as revitalizing interest in the blockchain sector. But what is the real reason behind such a rally and how can investors capitalize on it? The boom is indicative of a wider change in blockchain innovation, energy
BNB Price Prediction: Binance Coin Surges As Experts Dig Deep Is $5,000 BNB Pric …
Crypto markets wobbled hard yesterday. Trump's sudden move to impose a 100% tariff on Chinese tech imports triggered one of the largest liquidation events in history and BNB, like most alts, was not spared. Yet in the storm, the Remittix presale https://remittix.io stood firm, untouched by public market carnage, serving as an unexpected safe harbor for those who saw volatility coming. Despite the fall, when traders whisper BNB price predictions, they're
Solana And BNB Price Prediction, While Pepeto (PEPETO) Aims To Be The BNB Of Mem …
The 2025 market is packed with big openings, and Pepeto (PEPETO) is starting to break through. While Solana (SOL) and Binance Coin (BNB) push toward fresh highs, Pepeto is grabbing attention as the next headline memecoin. Now in presale at $0.000000157, it offers investors a rare early entry before launch. Powered by a viral community and real tools like PepetoSwap plus cross chain features, Pepeto aims to lead the next
Orion Depp Reissues Groundbreaking Binance (BNB) Investment Report from February …
Image: https://www.abnewswire.com/upload/2025/01/e418ea5c63cf0bf30ab3424d7c27a4c0.jpg Los Angeles, CA - January 14, 2025 - Orion Depp, a pioneering institutional crypto investment analyst and founder of Orion Research, has announced the reissue of his original Binance Coin (BNB) investment report, first published in February 2018. This seminal report marked a watershed moment in cryptocurrency analysis, as it introduced institutional-grade research into altcoins and set the foundation for the broader acceptance of alternative digital assets. The report, originally