PancakeSwap (CAKE) Price, Market Cap and Information
| PancakeSwap (CAKE) | Buy PancakeSwap Now |
|---|---|
 |
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... |
| CVIX | 22 |
| Current price | $2.60 |
| Change 24h | -0.94% |
| Change 7d | -4.27% | Market Cap | $692 836 416 |
| Available supply | 266 968 481 CAKE |
| Volume 24h | $16 739 963 |
| Updated | Sunday, May 12, 2024 9:00:05PM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
PancakeSwap price change 24 hours
PancakeSwap Short Term Forecast
| After | Price | Change |
| 1 day | $2.49 | -3.87% |
|---|
PancakeSwap General Information
General CAKE facts, technical details and PancakeSwap Cryptocurrency information
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. 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.
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.
PancakeSwap Historical Data – 10 days
| Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
|---|---|---|---|---|
| May 03 | 2.54 | 2.53 | 2.71 | 706 964 502 |
| May 04 | 2.71 | 2.67 | 2.72 | 704 295 985 |
| May 05 | 2.70 | 2.66 | 2.73 | 707 924 455 |
| May 06 | 2.72 | 2.67 | 2.79 | 694 981 436 |
| May 07 | 2.66 | 2.64 | 2.70 | 684 748 504 |
| May 08 | 2.61 | 2.60 | 2.65 | 684 439 410 |
| May 09 | 2.65 | 2.64 | 2.73 | 712 751 076 |
| May 10 | 2.72 | 2.60 | 2.72 | 697 030 526 |
| May 11 | 2.61 | 2.60 | 2.62 | 698 038 083 |
| May 12 | 2.61 | 2.59 | 2.62 | 692 836 416 |
CAKE/USD Price Charts
CAKE to USD price chart – 7 days
CAKE to USD price chart – 30 days
CAKE to USD price chart – 60 days
CAKE to USD price chart – 6 months
* Crypto Rating accepts no liability for any errors in the PancakeSwap information, CAKE Prices and CAKE's Market Cap. For the most up-to-date prices please visit the PancakeSwap's official website.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 90.4% | 13 | $61 288.67 | 0.51% | -3.85% | $1 207 229 665 515 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 86% | 18 | $2 923.35 | 0.07% | -6.85% | $351 127 666 884 |  |
|
| 3 |  USDT |
Tether predictions | 95.2% | 1 | $0.999626 | -0.01% | -0.05% | $110 798 570 883 |  |
|
| 4 |  BNB |
Binance Coin predictions | 85.6% | 15 | $597.54 | 0.62% | 0.88% | $88 189 748 189 |  |
|
| 5 |  SOL |
Solana predictions | 84.4% | 29 | $144.75 | -0.85% | -0.43% | $64 924 207 486 |  |
|
| 6 |  USDC |
USD Coin predictions | 90.8% | 1 | $0.999932 | -0.01% | -0.01% | $33 126 122 617 |  |
|
| 7 |  XRP |
XRP predictions | 89.6% | 13 | $0.500578 | -1.27% | -5.50% | $27 711 575 050 |  |
|
| 8 |  TON |
Toncoin predictions | 76% | 50 | $6.92 | 1.23% | 17.97% | $24 056 635 337 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 78.4% | 32 | $0.141100 | -2.15% | -12.23% | $20 355 684 317 |  |
|
| 10 |  ADA |
Cardano predictions | 84.8% | 16 | $0.437676 | -0.58% | -5.04% | $15 609 470 163 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 77.6% | 44 | $0.000022 | -1.16% | -9.29% | $13 176 616 360 |  |
|
| 12 |  AVAX |
Avalanche predictions | 80.4% | 31 | $33.42 | -0.92% | -10.16% | $12 749 042 298 |  |
|
| 13 |  TRX |
TRON predictions | 81.2% | 31 | $0.126953 | 0.08% | 5.07% | $11 105 970 427 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 80.8% | 31 | $0.126644 | 0.10% | 4.48% | $11 078 928 693 |  |
|
| 15 |  STETH |
Lido stETH predictions | 91.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
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