About PancakeSwap
CAKE is the native token of PancakeSwap, a leading decentralized exchange (DEX) built on the BNB Smart Chain (BSC). It serves as both a utility and governance token within the PancakeSwap ecosystem, playing a central role in the platform’s operations and community-driven decision-making.
Trading Insights
Buyer Ratio
Traders
105
72.13%
Buyers
81
107.69%
Sellers
33
26.92%
Searched
135
Market Stats
Market Cap
€532.90M
9.2%
FDV
€713.21M
Circ. Supply
336M CAKE
Max Supply
450M CAKE
Total Supply
350M CAKE
Total Value Locked
€2.18B
Diluted Valuation
€554.63M
Performance
Popularity
#74
Dominance
0.02%
Volume (24H)
€89.74M
81.42%
Volume (7D)
€639.96M
Volume (30D)
€2.70B
All time high
€37.64
Price Change (1Y)
Not enough data
22.19%
Additional details
Market details
CAKE vs markets
↘ 3.87%
CAKE vs BTC
↘ 12.7%
CAKE vs ETH
↘ 6.73%
Tags
collectibles-nfts
decentralized-exchange-dex-token
defi
smart-contracts
+6
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x0E09FaBB73Bd3Ade0a17ECC321fD13a19e81cE82 | |
Aptos | 0x159df6b7689437016108a019fd5bef736bac692b6d4a1f10c941f6fbb9a74ca6::oft::CakeOFT | |
Ethereum | 0x152649eA73beAb28c5b49B26eb48f7EAD6d4c898 | |
Polygon zkEVM | 0x0D1E753a25eBda689453309112904807625bEFBe |
Price history
Time | Price | Change |
|---|---|---|
Today | €1.59 | |
1 Day | €1.74 | |
1 Week | €1.94 | |
1 Month | €2.00 | |
1 Year | €2.31 |
Coinbase insights
Happening now
AI generated 4h ago
CAKE faces significant selling pressure with roughly
↘21%
losses over the past week, though strong protocol fundamentals suggest potential value for patient investors.
Price pressure amid liquidity concerns
CAKE dropped roughly
↘21%
over the past week while underperforming the broader market by approximately
↘5.6%
in the past day, with low liquidity representing only 0.01% of market cap creating higher risk for traders.
Strong protocol activity shows promise
Despite price weakness, CAKE's total value locked represents roughly 413% of its market cap while trading volume surged approximately
↗92%
over the past week, indicating continued protocol usage.
What to watch next
Key metrics to monitor include whether liquidity improves and if the high protocol activity can eventually support price recovery as selling pressure subsides.
Recent trends
The latest CAKE price is €1.59. Compared to PancakeSwap's value of €1.74 from 24 hours ago, there's been a -9% decrease, while the current price is -18% down from €1.94 which was recorded one week ago. PancakeSwap's all time high is €37.64, which was reached on April 30, 2021. This is a -96% change from its price today.
The current circulating supply of PancakeSwap is 336,233,186. This is 75% of its max supply of 450,000,000 CAKE and 96% of its total supply of 350,036,658. The market cap is currently €532.9M, which is a result of multiplying the current price of PancakeSwap(€1.59) by the total supply(350,036,658 CAKE). The fully diluted valuation of PancakeSwap is €713.21M. The diluted valuation of PancakeSwap is €713.21M.
PancakeSwap had 81 buyers, 33 sellers and total 105 trades in the last 24h. PancakeSwap was searched 135 times in the last 24h.
FAQ
PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain that enables users to trade tokens without relying on a centralized intermediary. The platform offers a wide range of DeFi products, including token swapping, yield farming, and Syrup Pools for staking its native token, CAKE. Additional features include Ethereum liquid staking, a prediction market, Initial Farm Offering (IFO) token launches, cross-chain bridges to Ethereum and Aptos, a lottery, and an NFT marketplace. PancakeSwap is maintained by an anonymous team known as "Chefs" and has undergone multiple audits from reputable blockchain security firms to ensure platform integrity.
PancakeSwap allows users to trade tokens directly from their wallets in a decentralized manner, utilizing smart contracts to facilitate transactions. The platform introduced PancakeSwap V3, which enhances capital efficiency by allowing liquidity providers to concentrate their assets within specific price ranges. This targeted liquidity provision increases efficiency, especially in stablecoin pools, while offering traders lower fees across four fee tiers based on volatility and trading activity. PancakeSwap V3 also features a smart router that automatically finds the best trading routes across V3, V2, and StableSwap pools, optimizing trade execution for users.