**PancakeSwap Launches PancakeSwapX to Simplify DeFi Trading**

PancakeSwap has unveiled PancakeSwapX, a new product designed to enhance user experience by offering zero-fee transfers and gasless asset swaps on Ethereum and Arbitrum networks. This innovation aims to make decentralized finance (DeFi) more accessible to mainstream users by eliminating the need for multiple native gas tokens and simplifying the trading process.

Chef Kids, head chef at PancakeSwap, emphasized that PancakeSwapX aggregates liquidity from various sources, allowing traders to focus on executing trades without switching platforms. This could significantly ease the onboarding process for new users, who often find the complexities of DeFi intimidating.

PancakeSwap is currently the fourth-largest decentralized exchange, with a trading volume exceeding $258 million and over 387 digital assets. The launch of PancakeSwapX is seen as a crucial step toward mainstream crypto adoption by removing friction points and making DeFi more user-friendly.