PancakeSwap, the second-largest decentralized exchange protocol, has launched on the Linea mainnet — the Consensys-powered Ethereum Layer 2 scaling network — as it continues its multichain expansion.

Linea will help users with lower gas fees, faster transactions and improved capital efficiency, PancakeSwap said Thursday.

As an Ethereum Layer 2, Linea processes transactions on its network before summarizing them on the main Ethereum blockchain, which helps speed up transactions and reduce fees. Linea is a zero-knowledge rollup network that launched its mainnet in July.

PancakeSwap will bring its swap and liquidity provisioning features to Linea. Swap in decentralized finance or DeFi refers to exchanging one token for another, while liquidity provisioning involves adding funds to a pool …