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PancakeSwap

PancakeSwap

CAKE#79
$1.4465+0.31%
$1.4375
$1.457924h Range
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1h24h7d30d1y
-0.21%+0.31%+1.21%+1.92%-48.56%

About PancakeSwap

PancakeSwap (CAKE) is a cryptocurrency launched in 2020and operates on the Ethereum platform. PancakeSwap has a current supply of 393,529,062.4850234 with 381,228,974.9346108 in circulation. The last known price of PancakeSwap is 1.44159832 USD and is up 0.16 over the last 24 hours. It is currently trading on 1876 active market(s) with $17,095,504.83 traded over the last 24 hours. More information can be found at https://pancakeswap.finance/.

PancakeSwap Price History

PancakeSwap (CAKE) reached its all-time high of $43.96 on April 30, 2021, and trades 96.7% below that peak today. Its all-time low was $0.194441 on November 3, 2020, and the price has since risen 644% from that low.

YearOpenHighLowCloseChange
2026(YTD)$1.8834$2.1018$1.1359$1.4465-23.20%
2025$2.5057$4.3836$1.3665$1.8629-25.65%
2024$3.506$5.171$1.4229$2.5232-28.03%
2023$3.145$4.68$1.057$3.472+10.40%
2022$12.04$12.34$2.663$3.15-73.84%
2021$14.18$42.70$9.374$11.73-17.28%

Analysis

No analysis available for PancakeSwap yet.

PancakeSwap FAQ

What is PancakeSwap (CAKE)?

PancakeSwap is a decentralized exchange (DEX) and automated market maker platform launched in 2020 on the Ethereum blockchain. It allows users to swap tokens, provide liquidity, and earn rewards through yield farming and staking. CAKE is the platform's native utility token.

How does PancakeSwap work?

PancakeSwap uses an automated market maker (AMM) model where trades occur against liquidity pools instead of traditional order books. Users deposit pairs of tokens into pools and receive liquidity provider (LP) tokens. These pools facilitate token swaps, and fees are distributed to liquidity providers and CAKE stakers. The platform also supports yield farming, lottery, and initial farming offerings.

What is the CAKE token used for?

CAKE is the native governance and utility token of PancakeSwap. It is used for staking to earn rewards, participating in governance votes on platform proposals, and paying transaction fees in certain features. CAKE can also be used to deposit in Syrup Pools to earn other tokens. Its role is central to the platform's ecosystem.

How does PancakeSwap differ from other DeFi platforms?

PancakeSwap is an automated market maker like Uniswap, but it integrates additional features such as staking rewards, lottery, and NFTs. It operates entirely on-chain using smart contracts on Ethereum, which means users retain custody of their funds. Its CAKE token provides governance and utility functions that shape its ecosystem.

What is the current price of PancakeSwap?

PancakeSwap is currently priced at $1.45, up 0.31% in the last 24 hours. It is ranked #79 by market capitalization. Over the past 7 days, CAKE is up 1.21%.

What is PancakeSwap's market cap?

PancakeSwap has a market capitalization of $465.17M. The 24-hour trading volume is $16.45M, reflecting the total value of CAKE traded across all exchanges in the last day.

How many PancakeSwap coins are in circulation?

There are currently 321.59M CAKE in circulation. PancakeSwap has a maximum supply of 400.00M CAKE, meaning no more than this amount will ever exist.