PancakeSwap
CAKE Price
How is the price of PancakeSwap (CAKE) calculated?
The price of PancakeSwap (CAKE) is calculated in real-time by aggregating the latest data across 116 exchanges and 223 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
PancakeSwap Price Chart (CAKE)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.2% | 1.3% | 12.1% | 8.4% | 13.7% | 14.4% |
CAKE Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$616,608,521 |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.76 |
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Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
0.34 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$807,372,217 |
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Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
0.44 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$39,863,281 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$1,828,526,216 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
290,212,892
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
379,997,710 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
450,000,000 |
CAKE Historical Price
| 24h Range | $2.07 – $2.13 |
|---|---|
| 7d Range | $2.08 – $2.35 |
| All-Time High |
$43.96
95.2%
Apr 30, 2021 (over 3 years)
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| All-Time Low |
$0.1944
992.1%
Nov 03, 2020 (about 4 years)
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How do you feel about CAKE today?
What is CAKE?
CAKE is the governance token for PancakeSwap.
The supply of CAKE is not hard-capped. Theoretically, CAKE’s supply is unlimited. The team is looking into conducting regular token burns to make deflation higher than emission. For example, the team will burn 10% of the CAKE collected on lottery tickets and burn half of the fund raised through Initial Farm Offerings (IFO).
What is PancakeSwap?
PancakeSwap is a Decentralized Exchange (DEX) built on top of Binance Smart Chain (BSC). It is the biggest Automated Market Maker (AMM) based exchange in BSC.
Binance Smart Chain has much lower transaction fees than Ethereum.
How to start using Pancakeswap?
Users will need to connect to the Binance Smart Chain in order to access Pancakeswap. It is possible to do so through Metamask or Binance Chain Wallet. Users will have to customize their Metamask with the following details after choosing custom RPC from the network’s option.
Binance operates two different chains:
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Binance Chain - BEP 2
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Binance Smart Chain (BSC) - BEP 20
Binance DEX is the primary decentralized app operating on Binance Chain. Most other projects are building on the Binance Smart Chain. The easiest way to convert any assets to its BEP 20 representation is through the Binance exchange.
For example, after depositing Bitcoin to Binance Exchange, users can choose to withdraw it in the forms of ERC 20 (ETH), BEP 2 (Binance Chain), BEP 20 (BSC), and BTC’s native chain. Choose BEP 20 if you would like to have the asset interact with PancakeSwap.
An alternative is through Binance Bridge, where users can swap the assets cross-chain from any L1 chain to BSC.
Users will need to have BNB to pay for any transaction fee on Binance Smart Chain, similar to how users will need ETH to pay for transaction fees on Ethereum.
What are the fees incurred from using PancakeSwap?
A token swap (trade) on the exchange will incur a 0.2% trading fee, broken down as follow:
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0.17% - Returned to liquidity pools in the form of a fee reward for liquidity providers.
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0.03% - Sent to the PancakeSwap Treasury.
How to provide liquidity in PancakeSwap?
Like Uniswap, users will have to add two tokens into the Liquidity Pool in the ratio of 1:1. Users will receive FLIP tokens - PancakeSwap’s version of liquidity provider tokens - to represent their stake in the pool.
Like Sushiswap, PancakeSwap has a yield farming program where users can stake their LP tokens to earn CAKE rewards.
What are Syrup Pools?
Syrup Pools allow Binance Smart Chain projects to bootstrap adoption by distributing a portion of their tokens to CAKE token holders. In exchange for that, projects will receive default listing on the PancakeSwap interface, obtaining priority promotion on the exchange by ranking temporarily first in the token selection list.
What is the Cake Lottery?
One lottery ticket cost 10 CAKE. Users will receive a random four-digit combination with each digit between 1-14, e.g., “1-9-3-2”. There is no limit on how many tickets users can buy.
The first prize winner will receive half of the lottery pool by matching the four winning numbers. Matching two and three numbers will also be entitled to prizes. Do find an example below:
For more details, please refer to the official Pancakeswap documentation.
What is Initial Farm Offering (IFO)?
Projects can launch new tokens by raising funds through the CAKE-BNB LP tokens. The project gets BNB tokens, PancakeSwap burns CAKE tokens, and users get the project’s tokens. CAKE tokens equating to half of the total funds raised will be burned forever. If $1,000,000 is raised, then $500,000 worth of CAKE tokens will be burned.
Where can you buy PancakeSwap?
CAKE tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade PancakeSwap is Binance, where the most active trading pair CAKE/USDT has a trading volume of $5,322,660.77 in the last 24 hours. Other popular options include Bybit and WhiteBIT.
What is the daily trading volume of PancakeSwap (CAKE)?
The trading volume of PancakeSwap (CAKE) is $40,016,414.39 in the last 24 hours, representing a -30.70% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for PancakeSwap (CAKE)?
The highest price paid for PancakeSwap (CAKE) is BTC0.0008195, which was recorded on Apr 30, 2021 (over 3 years). Comparatively, the current price is -95.20% lower than the all-time high price.
What is the all-time low for PancakeSwap (CAKE)?
The lowest price paid for PancakeSwap (CAKE) is BTC0.00001340, which was recorded on Nov 03, 2020 (about 4 years). Comparatively, the current price is 993.40% higher than the all-time low price.
What is the market cap of PancakeSwap (CAKE)?
Market capitalization of PancakeSwap (CAKE) is BTC5,863.8869 and is ranked #163 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CAKE tokens (290 Million tokens are tradable on the market today).
What is the fully diluted valuation of PancakeSwap (CAKE)?
The fully diluted valuation (FDV) of PancakeSwap (CAKE) is BTC7,678.0310. This is a statistical representation of the maximum market cap, assuming the maximum number of 450 Million CAKE tokens are in circulation today. Depending on how the emission schedule of CAKE tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of PancakeSwap compare against its peers?
With a price decline of -12.10% in the last 7 days, PancakeSwap (CAKE) is underperforming the global cryptocurrency market which is up 2.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
How to add PancakeSwap (CAKE) to MetaMask?
Adding PancakeSwap (CAKE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import CAKE as a token. You can copy CAKE’s contract address (0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82) and import it manually, or if you've installed MetaMask's chrome extension, add CAKE to MetaMask with one click on CoinGecko.
Add CAKE to MetaMask.
PancakeSwap Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
|
$2.12 | 0.05% | $142,960 | $216,856 | $5,322,660 | 13.3% |
Recently
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| 2 |
CEX
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$2.13 | 0.07% | $55,999 | $92,949 | $2,370,769 | 5.92% |
Recently
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| 3 |
CEX
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$2.12 | 0.15% | $114,493 | $197,095 | $4,800,229 | 12.0% |
Recently
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| 4 |
CEX
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$2.13 | 0.05% | $3,491 | $5,086 | $671,958 | 1.68% |
Recently
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| 5 |
CEX
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$2.12 | 0.05% | $6,112 | $5,936 | $647,013 | 1.62% |
Recently
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| 6 |
CEX
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$2.12 | 0.05% | $31,259 | $86,753 | $387,871 | 0.97% |
Recently
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| 7 |
CEX
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$2.13 | 0.05% | $1,762 | $2,135 | $227,379 | 0.57% |
Recently
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| 8 |
CEX
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$2.13 | 0.19% | $52,733 | $58,157 | $704,048 | 1.76% |
Recently
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| 9 |
CEX
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$2.13 | 0.15% | $3,685 | $20,219 | $508,131 | 1.27% |
Recently
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| 10 |
CEX
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$2.12 | 0.05% | $4,425 | $3,888 | $147,564 | 0.37% |
Recently
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