- #128
PancakeSwap CAKE
CAKE Price
Market Cap
$698.95 MRank #128FDV
$916.19 MRank #167Investors
X Followers
Detailed Performance
CAKE shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
CAKE to USD Converter
Price History
- All-Time High
- $43.7618.46x to ATH
- All-Time Low
- $0.190412.45x to ATL
- Trade Launch Date
- 29 Sep, 2020
1544 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $350,000.00
- Tokens Sold
- --
Activities2
See moreExchanges
Exchanges type
About CAKE
PancakeSwap is a decentralized exchange (DEX) that operates on the Binance Smart Chain (BSC). It allows users to trade and swap cryptocurrencies directly from their wallets without the need for an intermediary. PancakeSwap uses an automated market maker (AMM) model, which means that trades are executed by smart contracts rather than relying on order books. Users can provide liquidity to the platform by staking their tokens in liquidity pools and earn rewards in the form of CAKE tokens, the native token of PancakeSwap.
What makes PancakeSwap unique?
PancakeSwap is a decentralized exchange (DEX) that operates on the Binance Smart Chain (BSC). Here are a few unique features that set PancakeSwap apart from other cryptocurrencies:
1. Low Fees: PancakeSwap offers significantly lower transaction fees compared to other popular decentralized exchanges. This is because it operates on the Binance Smart Chain, which has lower gas fees than networks like Ethereum.
2. Yield Farming: PancakeSwap allows users to participate in yield farming, where they can earn additional tokens by providing liquidity to various trading pairs on the platform. This feature enables users to earn passive income through their cryptocurrency holdings.
3. Staking Rewards: PancakeSwap offers staking pools where users can stake their CAKE tokens and earn additional rewards. These rewards can be in the form of CAKE tokens or other tokens, depending on the staking pool.
4. Lottery and Prediction Games: PancakeSwap also offers lottery and prediction games, where users can participate and have a chance to win tokens. These games add an element of fun and excitement to the platform.
5. Growing Community: PancakeSwap has a large and active community of users and developers. This vibrant community contributes to the growth and development of the platform, fostering innovation and new features.
It's important to note that PancakeSwap, like any other cryptocurrency platform, carries risks. Users should always do their own research and exercise caution when participating in decentralized finance (DeFi) activities.
Live PancakeSwap Price Data
The current price of PancakeSwap (CAKE) is approximately $2.37, reflecting a decrease of -2.23% in the last 24 hours. The CAKE trading volume in the last 24 hours stands at $64.32 million. PancakeSwap's market cap is currently $698.95 million, accounting for about 0.02% of the total crypto market cap. The circulating supply of CAKE is 296.54 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand PancakeSwap's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on CAKE, check out our crypto insights page.