PancakeSwap

Halal Rating :
Questionable
Last Price $1.91 Last updated:
Rank 116
1D Change 1.79 %
Market Cap $522.03m
Circulating supply 273,084,464
Maximum supply 450,000,000

Crypto Overview

Categories
  • Collectibles & NFTs
  • Decentralized Exchange (DEX) Token
  • DeFi
  • Smart Contracts
  • Yield Farming
  • AMM
  • BNB Smart Chain
  • DEX
  • Governance
  • Aptos Ecosystem

PancakeSwap is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is fast, cheap, and allows anyone to participate.

Crypto Impact

To assign a comfort level investing in PancakeSwap from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to PancakeSwap.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating