Is PancakeSwap cheap?

I've been hearing a lot about PancakeSwap in the cryptocurrency community, but I'm not entirely sure about its pricing. As a professional practitioner in the field of cryptocurrency and finance, could you please provide me with a concise yet thorough description of whether PancakeSwap is considered "cheap" in the current market? I'm particularly interested in understanding its pricing strategy, how it compares to similar platforms, and any potential risks or benefits associated with its pricing. Your insights would be greatly appreciated.