CAKE

PancakeSwapCAKE

Rank #41
Token
On 381,086 watchlists

PancakeSwap Price (CAKE)

$19.83
0.33%

0.0003251 BTC0.22%

0.004843 ETH2.94%

Low:$19.51
High:$19.95
24h
CAKE  PancakeSwap CAKE
Price:
$19.83
 0.33%
Market Cap
$4,657,325,175
0.51%
Market Cap / TVL Ratio
0.8228
Fully Diluted Market Cap
$4,657,325,175
0.33%
Total Value Locked (TVL)
$5,660,281,199
Volume
24h
$212,479,034
32.59%
Volume / Market Cap
0.04562
Circulating Supply
234,824,907.72 CAKE
Max Supply
--
Total Supply
234,824,908
Sponsored

PancakeSwap to USD Chart

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CAKE Price Live Data

The live PancakeSwap price today is $19.83 USD with a 24-hour trading volume of $212,479,034 USD. We update our CAKE to USD price in real-time. PancakeSwap is up 0.33% in the last 24 hours. The current CoinMarketCap ranking is #41, with a live market cap of $4,657,325,175 USD. It has a circulating supply of 234,824,908 CAKE coins and the max. supply is not available.

If you would like to know where to buy PancakeSwap, the top exchanges for trading in PancakeSwap are currently Binance, Mandala Exchange, FTX, CoinTiger, and Bitget. You can find others listed on our crypto exchanges page.

What Is PancakeSwap (CAKE)?

PancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.

To learn more about this project, check out our deep dive of Pancakeswap.

It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE.

PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.

Who Are the Founders of PancakeSwap?

PancakeSwap is a Binance Smart Chain-based decentralized exchange (DEX) that was launched by anonymous developers with an apparent passion for pancakes.

What Makes PancakeSwap Unique?

PancakeSwap uses an automated market maker model, meaning that there are no order books and liquidity pools are used instead. A user can earn income by becoming a liquidity provide; by adding their tokens to the liquidity pool they can farm LP tokens and stake their CAKE to earn rewards. They can also try their luck with the lotteries and non-fungible tokens.

The PancakeSwap token CAKE is a BEP20 token that originally launched on Binance Smart Chain. The main function of CAKE is to incentivize the liquidity provision to the PancakeSwap platform.

Users can stake their tokens to earn rewards, which is done by depositing Liquidity Provider tokens and locking them up. This is known as farming and is rewarded by the system with CAKE tokens. The tokens can be un-staked with zero holding time. CAKE gives users the opportunity to invest and increase returns in the future but comes with risks.

CAKE can be used to enter a lottery on PancakeSwap. Each lottery session takes 6 hours. A single ticket costs 10 CAKE and comes with a random combination of four numbers between 1 and 14, for example, 8-6-4-13. To win the jackpot, which equals 50% of the entire lottery pool, the numbers in your ticket need to match all four of the numbers in the winning ticket.

Users can also win non-fungible tokens that can be traded for CAKE or kept in a wallet.

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Increase your knowledge of crypto with the CoinMarketCap blog.

How Many PancakeSwap (CAKE) Coins Are There in Circulation?

As of March 2021, PancakeSwap (CAKE) has a circulating supply of 125,984,870 CAKE coins and no maximum supply data is available.

How Is the PancakeSwap Network Secured?

PancakeSwap can be securely stored on supported wallets that are connected to the Binance Smart Chain. These include MetaMask, TrustWallet, TokenPocket and WalletConnect.

Where Can You Buy PancakeSwap (CAKE)?

PancakeSwap (CAKE) can be bought and sold on the following exchanges:

If you are interested in learning more about how to purchase Bitcoin (BTC), you can read CoinMarketCap’s comprehensive guide.

CAKE to USD Converter

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CAKE Price Statistics

PancakeSwap Price Today
PancakeSwap Price$19.83
Price Change24h$0.06582
0.33%
24h Low / 24h High
$19.51 /
$19.95
Trading Volume24h$212,479,033.72
32.59%
Volume / Market Cap0.04562
Market Dominance0.18%
Market Rank#41
Total Value Locked (TVL)$5,660,281,199
PancakeSwap Market Cap
Market Cap$4,657,325,174.56
0.51%
Fully Diluted Market Cap$4,657,325,174.56
0.33%
PancakeSwap Price Yesterday
Yesterday's Low / High
$19.61 /
$20.60
Yesterday's Open / Close
$19.89 /
$19.77
Yesterday's Change

0.62%

Yesterday's Volume$319,284,700.32
PancakeSwap Price History
7d Low / 7d High
$19.05 /
$20.60
30d Low / 30d High
$16.93 /
$21.29
90d Low / 90d High
$13.87 /
$26.59
52 Week Low / 52 Week High
$0.198 /
$44.18
All Time High
Apr 30, 2021 (6 months ago)
$44.18
55.11%
All Time Low
Nov 03, 2020 (a year ago)
$0.198
9916.59%
PancakeSwap ROI

1764.42%

PancakeSwap Supply
Circulating Supply234,824,908 CAKE
Total Supply234,824,908 CAKE
Max SupplyNo Data