As of April 2021, PancakeSwap is currently sitting as the #1 Dapp on Binance Smart Chain. The data on Dappradar reveals that over 50k users have connected their wallets to this DeFi DEx. Need to mention, the DEx has well over 7 billion value locked in its protocol. plus a strong pillar as Binance solidly standing behind it. Moreso, its smart contract has also been audited and found safe by Certik - a leading blockchain security company. However, PancakeSwap suffered an attack around March 2021, but according to a report, the hack was only able to target the site's domain name and not the protocol's smart contract. This shows that PancakeSwap is still very safe for use, but that users need to be very careful so as not to fall into phishing attacks.