CAKESWAP

CakeSwap price
CAKESWAP
#9092

$0.0002324  

2.79% (1d)

CakeSwap to USD Chart

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CakeSwap statistics
Market cap
$43.58K

0.00%

Volume (24h)
$0

0.00%

FDV
$232.42K
Vol/Mkt Cap (24h)
0%
Total supply
1B CAKESWAP
Max. supply
1B CAKESWAP
Self-reported circulating supply
187.52M CAKESWAP
18.7519025%
CAKESWAP to USD converter
CAKESWAP
USD
Price performance
24h 
Low
$0.0002299
High
$0.0002394
All-time high
Dec 24, 2021 (3 years ago)
$0.03365
-99.31%
All-time low
Jun 06, 2023 (a year ago)
$0.00002038
+1040.25%
See historical data
Self-Reported Tags
DeFiStakingYield FarmingShow all


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About CakeSwap

CakeSwap(CAKESWAP) a native utility token of CakeSwap Exchange (DEX), it's used for a variety of purposes within the growing landscape. Its main functions are yield farming and staking. CakeSwap is a type of decentrilized exchange (DEX) known as an automated market maker (AMM). Currently, CakeSwap is focusing on working through three phases. The first phase has successfully come through with the launch of the CakeSwap token, while phase two featuring the “Decentralized Exchange” and "NFT Marketplace" is still in the works. Post the exchange launch, the company will add a “debit card” linked to the token wallet address in phase 3; with the debit card “holders”, i.e., people who own tokens will pay with the debit card at the “value” of USD of the tokens they hold. According to the system, 2% of every buy/sell is procured and reallocated to all CakeSwap holders. Then 8% of every transaction is converted into liquidity. This step is programmed and helps generate a price constancy. Next, 3% of every buy/sell will go to the marketing wallet to guarantee the company can keep sponsoring their marketing expenditures.

 
 
 
 
 
 

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