According to reports from Blockchain security platforms, the attacker exploited a vulnerability in the deflationary sellOCA() logic, giving them access to manipulate the pool’s reserves. The final amount the attacker got away with was reportedly approximately $422,000.

The exploit involved the use of flash loans and flash swaps combined with repeated calls to OCA’s swapHelper function. This removed OCA tokens directly from the liquidity pool during swaps, artificially inflating the on-pair price of OCA and enabling the drainage of USDC.

Hackers drain PancakeSwap V2 OCA/USDC

The attack was reportedly executed via three transactions. The first to carry out the exploit, and the following two to serve as additional builder bribes. “In total, 43 BNB plus 69 BNB were paid to 48club-puissant-builder, leaving an estimated final profit of $340K,” Blocksec Phalcon wrote on X about the incident, adding that another transaction in the same block also failed at position 52, likely because it was frontrun by the attacker.

Flash loans on PancakeSwap allow users to borrow significant amounts of crypto assets without collateral; however, the borrowed amount plus fees must be repaid within the same transaction block. They are primarily used in arbitrage and liquidation strategies on the Binance Smart Chain, and the loans are usually facilitated by PancakeSwap V3’s flash swap function.

In December 2025, an exploit allowed an attacker to withdraw approximately 138.6 WBNB from the PancakeSwap liquidity pool for the DMi/WBNB pair, netting approximately $120,000. That attack demonstrated how a combination of flash loans and manipulation of the AMM pair’s internal reserves via sync() and callback functions is capable of being used to completely deplete the pool.

The attacker first created the exploit contract and called the f0ded652() function, a specialized entry point into the contract, after which the contract then calls flashLoan from the Moolah protocol, requesting approximately 102,693 WBNB. Upon receiving the flash loan, the contract initiates the onMoolahFlashLoan(…) callback.

The first thing the callback does is find out the DMi token balance in the PancakeSwap pool to prepare for the pair’s reserve manipulation. It should be noted that the vulnerability is not in the flash loan, but in the PancakeSwap contract, allowing manipulation of reserves via a combination of flash swap and sync() without protection against malicious callbacks.

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The exchange platform acknowledged the breach and added that it is working closely with the X team to resolve the issues and recover its account. PancakeSwap has also urged its users to disregard information from the account and avoid any form of engagement until an official memo is passed to that effect.

CAKE jumps 12% amid PancakeSwap X account breach

After the announcement of the hack, the native token of the platform CAKE surged to over 12%, despite the news being a negative one. The token has been volatile, trading around $4.34, a number that represents a 10.777% increase in the past day. The token also recorded an intraday high of 44.52 before stabilizing to trade around $4.34. According to market data, the token currently boasts a market cap of $1.49 billion.

The latest breach of the PancakeSwap account comes after a recent hack of the official BNB Chain X account. Changpeng Zhao, during the announcement of the breach, urged users to refrain from clicking on any link posted by the account while they were carrying out their investigation and trying to get the account back. The account has since been restored, but investigations are still ongoing to ascertain the cause of the breach.

The total loss from the BNB Chain account breach was about $8,000, with a single user losing up to $6,500 due to the malicious links posted by the scammers. Shān Zhang, Chief Information Security Officer at blockchain security firm SlowMist, said the popularity of Binance-affiliated ecosystems makes them prime targets for cybercriminals. He noted that the BNB meme coin market is hot lately, making it more lucrative for scammers to exploit the user base.

According to Zhang, weak security awareness among social media administrators is the leading cause of breaches. He noted that many account admins have poor security awareness and are highly susceptible to phishing. Zhang added that education and better credential management could prevent these incidents.

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The BSC chain-based DEX announced in a blog post that Cake.Pad is a rebrand from IFO, its Initial Farm Offerings platform. It replaces the older IFO system, which required staking and had stricter participation criteria. To access new tokens, users must participate through a non-custodial wallet and commit CAKE tokens. There is no specific cap on the amount of CAKE tokens. Users can allocate a few tokens or more during an active sale window.

PancakeSwap to boost the utility of CAKE tokens with Cake.Pad

According to the blog post, PancakeSwap noted that users can choose to commit a little or a lot. This means that there is no cap on how much CAKE they can commit. In addition, users can access multiple token launch events using the same amount of committed CAKE tokens. Once a token sale event ends, users can claim their CAKE tokens back.

Cake.Pad will also boost the value of Cake tokens and support its deflationary supply goal. This is because all fees collected through any token launch will be permanently burned and removed from circulation. In cases of high demand, Cake.Pad will activate a tiered subscription tax. The tax gets lower when a token sales event becomes oversubscribed. This mechanism balances user participation and demand.

According to CoinGecko data, CAKE has jumped by 15.6% in the past 24 hours. The token has a market cap of $1.3 billion and a trading volume of $697 million. The current circulating supply of CAKE tokens stands at 343 million, which is % of the total supply of 450 million tokens. This number will reduce as more users utilize Cake.Pad and burn fees permanently.

DeFiLlama data shows that PancakeSwap continues to be a revenue gusher with $53.27 million generated in Q3 of this year. The DEX was the winner among other DeFi exchanges with a trading volume of $79.8 billion recorded in September. At the time of writing, PancakeSwap has over $2.5 billion in total value locked (TVL).

Cake.Pad aims to boost the utility of CAKE tokens within the PancakeSwap ecosystem. This is part of the DEX’s prolonged strategy of CAKE Tokenomics 3.0. The strategy focuses on achieving an annual supply deflation of around 4% and reducing total supply by 20% by 2030 through buyback-and-burn mechanisms. “CAKE.PAD is built with simplicity, inclusivity, and CAKE utility in mind,” PancakeSwap wrote. The DEX will announce the first batch of token sale events and launch dates soon.

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Before now, PancakeSwap was a bootstrap for new tokens, with Binance Smart Chain being the home of new meme coins. Now, PancakeSwap will become home to these memes, following in the same pump.fun model. The new feature users can deploy to create tokens will be PancakeSwap SpringBoard, letting them create without needing a coding experience. The platform will build liquidity pairs with CAKE and feature a zero-fee token.

PancakeSwap’s SpringBoard to adopt the zero-fee model

The new SpringBoard platform already has its liquidity in BNB, boasting about 10 assets. The platform’s launch Zane just before BNB hit a new all-time high of $780, flipping Solana to move into the top five in terms of market cap. The platform’s leading token is Cava, which already did a 362k% increase while boasting a market cap of 116k. Other tokens experienced the same drastic growth.

Meanwhile, the new platform will adopt the same model as pump.fun. This means token generation is free and tokens will undergo the same bonding curve stage as on pump.fun. Once it hits the required liquidity threshold, the token will automatically move to PancakeSwap, opening it up for trading. In addition, creators can raise liquidity in other assets like BNB or USDT.

However, the announcement also included a seeding fee that will accumulate based on the token’s liquidity. If a token moves to PancakeSwap, the platform will charge 2% on its liquidity, with 50% going to SpringBoard. Tokens will be automatically moved if their market cap hits 24 BNB. PancakeSwap added that it will not endorse or market any of the tokens while noting that restrictions will be put on users from mainland China and the US.

Binance Smart Chain cements itself as a hub for DeFi activity

Binance Smart Chain has been packing up real numbers in the meme coin space, rivaling big entities like Base. The chain exerts itself in the space with the addition of one of the biggest tokens Simon’s Cat, coupled with other Ethereum and Solana tokens. The new development is also coming after XRPL posted its self-created token platform, albeit with lesser liquidity.

In SpringBoard’s case, the liquidity is higher because users on Binance are better traders and skilled at sniping. Presently, the new tokens are without brands, as users are still trying their hands on the platform. PancakeSwap’s activity is also climbing, trying to reach Raydium numbers in locked value. It boats $2.1m in liquidity pairs, compared to Raydium’s $2.3m. However, PancakeSwap’s growth is organic, compared to Raydium’s token-fuelled surge.

PancakeSwap is also regarded as a DeFi hub, accumulating a lot of liquidity trading pairs that will be added to the new list of volatile assets. PancakeSwap carries CAKE and BNB pairs, with the market responsible for 50% of its volume. However, it could push higher with the addition of new tokens in the future.

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This game-changing feature allows users to deposit assets like USDT, BTC, BNB, and Ether into designated vaults. These assets are automatically dispersed across various liquidity pools, optimizing the diversification strategy. Such an approach is designed to provide users with optimal risk-adjusted investment returns.

One of the standout features of this partnership is the portfolio manager’s rebalancing capability, which points to the increasingly advanced tools emerging in the DeFi landscape. This sophisticated system is further reflected in the initial tests, which demonstrated an impressive internal rate of return (IRR) that exceeded 24%.

PancakeSwap isn’t just rolling out the red carpet for this new feature; they’re sweetening the deal. Celebrating this launch, they provide bonus rewards through their native token, CAKE, for the initial four weeks.

This collaboration with Bril Finance not only emphasizes PancakeSwap’s supremacy in the DeFi arena but also signals its intent to be at the forefront of financial innovation. The CEO of PancakeSwap, affectionately known as the Head Chef, expressed his enthusiasm for the partnership. He highlighted that, with Bril’s tech under its belt, PancakeSwap aims to be the go-to destination for comprehensive DeFi solutions.

The DeFi world should take note: with tools like the portfolio manager, decentralized exchanges like PancakeSwap are paving the way for a new era of user-centric financial services.

The post PancakeSwap and Bril Finance elevate DeFi with new features first appeared on Coinfea.

PancakeSwap is a multichain DEX available on eight different blockchain networks, including BNB Chain, Ethereum, and Polygon zkEVM. The platform boasts over $1.3 billion in locked crypto contracts and handles more than $150 billion in daily trading volume. However, like all DEXs, PancakeSwap couldn’t perform fiat-to-crypto conversions independently. Hence, the “buy crypto” feature was introduced to allow users to onboard with third-party providers like Mercuryo, Moonpay, and now Transak.

Bridging the gap between fiat and crypto

Transak claims integration into over 350 Web3 apps, making it one of the most accessible crypto onboarding services. According to the announcement, Transak will offer more than 20 different payment options based on global needs. These include debit cards, Google Pay, Apple Pay, and bank transfers. Moreover, Transak will provide nine different cryptocurrencies across seven different blockchain networks to PancakeSwap users.

PancakeSwap’s pseudonymous leader, head chef Mochi, stated that the integration aims to make decentralized finance protocols easier to use. “It’s imperative that entry points remain simple yet robust,” said Mochi. “Transak’s expertise in fiat on-ramping, combined with PancakeSwap’s platform capabilities, promises an era where diving into decentralized finance is intuitive and barrier-free for all.”

Future prospects

The integration extends to a range of cryptocurrencies across multiple blockchains, offering users the flexibility to select their preferred network. Additionally, PancakeSwap has plans to roll out more features and improvements in the coming months. These are designed to streamline and enhance the overall cryptocurrency experience for its users.

Transak, the driving force behind this partnership, aims to tackle a critical challenge in the cryptocurrency space: enabling mainstream individuals and businesses to access these revolutionary technologies. By seamlessly integrating local compliance, diverse payment methods, and global liquidity, Transak is playing a pivotal role in fostering greater cryptocurrency adoption.

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