Perpetuals Trading [NEW]

In PancakeSwap Perpetuals, we've rebuilt our trading experience from the ground up — powered by Aster infrastructure, optimized for high-leverage retail traders. Instead of managing your own bridging or dealing with fragmented liquidity, PCS Perps gives you a seamless, fully on-chain trading experience with deep liquidity and up to 200× leverage on BTC.

The new experience brings meaningful upgrades to PancakeSwap Perpetuals users:

Two Modes, One Product

Not everyone trades the same way. Simple Mode lets you go long or short in a single tap with preset sizes — no configuration needed. Pro Mode unlocks limit orders, TP/SL, and full position management for traders who want more control. Switch between modes anytime without affecting your open positions.

Up to 200× Leverage

PCS Perps supports up to 200× leverage on BTC — significantly higher than most retail perps products. This makes it one of the few platforms built to accommodate high-leverage trading behavior without forcing users onto a separate chain or interface.

CEX-Grade Execution, Onchain

PCS Perps is powered by Aster's orderbook infrastructure, bringing deep liquidity and institutional-grade execution to a fully onchain trading environment. You trade directly from your wallet — no deposits to a separate account, no custodial risk outside of liquidation events.

Unified Wallet Experience

Your spot and perps activity live in one place. PCS Perps integrates directly into the PancakeSwap interface, giving you a single wallet view across all your onchain positions.

AI Copilot

The AI Copilot tab in the trading panel generates AI-powered trade ideas to help you decide your position direction. When your perp account is funded, the Copilot shows Long and Short idea cards with entry context — tap one to pre-fill the order form. When unfunded, it shows an empty state with a "Generate trade ideas" prompt. AI Copilot is available in both Simple and Pro Mode alongside the Order Book and Trades tabs.

CAKE VIP Fee Tiers [Coming soon]

Hold CAKE in your connected wallet to unlock fee discounts on every trade. More details coming soon.

Revenue Tied to CAKE

20% of all perps trading fees is routed directly to CAKE burn, linking trading activity to long-term token value. The more volume on PCS Perps, the more CAKE is removed from circulation.