PancakeSwap, a prominent decentralized exchange, has launched on the Monad Mainnet, aiming to enhance DeFi trading with faster and cheaper transactions. This expansion leverages Monad's EVM-compatible blockchain to offer improved capital efficiency globally. The platform supports two liquidity mechanisms: v2, which allows users to earn 0.25% trading fees on token pairs, and v3, which enables concentrated liquidity within specific price ranges for better capital efficiency and risk management. Additional features include trading fees as low as 0.01%, a Universal Router for optimal price routing, reduced slippage, and rapid transaction finality.