PancakeSwap (CAKE) Live Price

PancakeSwap logo
CAKEPancakeSwap
$2.68-1.67%
Market Cap
$666.88M
1.47%
Volume (24)
$76,213,843
1.68%
Circulating Supply
249,031,930 CAKE
Issue Date
-

Data provided by Coingecko API

CAKE price Statistics

PancakeSwap Price Today

PancakeSwap Price
$2.68

Price Change

$-0.04549424
1.67%
24h Low / 24h High
$2.57 / $2.75

Trading Volume

$76,213,843
1.68%
Volume / Market Cap
0.11428381
Market Dominance
0.027667532%
Market Rank
#121

PancakeSwap Supply

Circulating Supply
249,031,933.084 CAKE
Total Supply
384,353,764.699 CAKE
Max Supply
450,000,000 CAKE

PancakeSwap Market Cap

Market Cap
$666,882,240
1.47%

Fully Diluted
Market Cap

$1,029,260,400
0.28%

PancakeSwap Price Yesterday

Yesterday's Low / High
$2.6836335 / $2.6870777
Yesterday's Open / Close
$2.6836335 / $2.6870777
Yesterday's Change
0.20%
Yesterday's Volume
$78,914,125

PancakeSwap Price History

7d Low / 7d High
$2.5475941 / $3.816258
30d Low / 30d High
$2.5906172 / $2.7536115
90d Low / 90d High
$2.5906172 / $3.0105261
52 Week Low / 52 Week High
$2.5475941 / $3.8545686
All Time HighApr 30, 2021 (2 years ago)
$43.96
93.91%
All Time LowNov 3, 2020 (3 years ago)
$0.194441
1277.01%

Data provided by Coingecko API

CAKE to USD converter

PancakeSwap
PancakeSwapCAKE
US Dollar
US DollarUSD

Data provided by Coingecko API

Real-Time PancakeSwap Price Chart (CAKE to USD)

CAKEUSD by TradingView

PancakeSwap Exchanges

Exchange
Price
Pair
Spread
24 Volume
Last Traded
Binance
Binance
$2.69
CAKE/USDT
$0.001
$12,912,594
Recently
Gate.io
Gate.io
$2.69
CAKE/USDT
$0.001
$428,656
Recently
HTX
HTX
$2.69
CAKE/USDT
$0.0098
$337,495
Recently
KuCoin
KuCoin
$2.69
CAKE/USDT
$0.004
$198,397
Recently

PancakeSwap Historical Price Data (USD)

Date
4/17/2024
$2.723737
$0
$2.753612
$2.590617
4/16/2024
$2.759752
$2.723737
$2.771126
$2.610397
4/15/2024
$2.820993
$2.759752
$3.010526
$2.728409
4/14/2024
$2.701815
$2.820993
$2.826911
$2.624425
4/13/2024
$3.193469
$2.701815
$3.277753
$2.547594
4/12/2024
$3.719015
$3.193469
$3.799108
$3.159637
4/11/2024
$3.854569
$3.719015
$3.854569
$3.694567

Data provided by Coingecko API

CAKE Price Live Data

The live price of CAKE is $ 2.68 per (CAKE/USD) today with a current market cap of 666.88M USD. 24-hour trading volume is $ 76,213,843 USD. CAKE to USD price is updated in real-time. PancakeSwap is -1.67% in the last 24 hours. It has a circulating supply of $ 249,031,930 CAKE.

PancakeSwap Coin Price Chart determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, ETH and XRP to USD, EUR, GBP. Conversion rates are based on Live CAKE Price Index and the price indices of other digital assets.

This content and any information contained therein is being provided to you for informational purposes only, does not constitute a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice.

PancakeSwap Price Charts [2022]: All About the Automated Market Maker

Of all the projects in the cryptocurrency market, not many can boast of being a decentralized exchange, and an automated market maker. However, PancakSwap has all of these and remains one of the most important crypto projects there is, till today.

So, if you plan to buy PancakeSwap, this article is for you. The exciting part is that many cryptocurrency exchanges offer PancakeSwap. So, you can buy on Binance, BitCoke, and Bybit. You would get to know some others as we go into the article. So, let's get right into it.

What Is PancakeSwap?

PankcakeSwap is a one-of-a-kind cryptocurrency project that allows users to exchange tokens (usually BEP20 tokens) on its decentralized exchange. Beyond that, PancakeSwap enables its users to earn fees and provide liquidity through farming

This procedure can be done through its Decentralized Finance (DeFi) Application. These reasons are why PancakeSwap is mostly referred to as an Automated Market Maker (AMM). For context, what an AMM does is that it enables cryptocurrency pools to allow trading without necessarily needing order books. It was initiated in the year 2020. 

So, in PanacakeSwap's case, it allows BEP20 tokens built on the Binance Smart Chain (BSC). Hence, users trade or pick up the offer of depositing liquidity to provide tokens into BNB smart chain pools. In doing this, users receive a share of the pools and trading fees for the work done on the Pancakeswap platform.

A Brief History of PancakeSwap 

It is not uncommon for founders of cryptocurrency projects to want to remain anonymous. So, it is the same case with PancakeSwap. Some unknown developers created PancakeSwap in September 2020

The fact that it was built as a Binance Smart Chain decentralized exchange makes it unique because transactions are faster than Ethereum. In addition, the development meant transaction fees were cheap. In addition, and growth in Total Value Locked (TVL) and its trading volume. 

What Makes PancakeSwap Unique?

Pancakeswap is unique because the automated market maker models use liquidity pools instead of order books. This is one model that only a few cryptocurrency projects have adopted. 

In a liquidity pool, users can put in their token for farming (deposit and lock up token) liquidity pool token which then enables them to take their CAKE and gain rewards. It is as easy as that. There are also lotteries in which you can play to try your luck at winning some CAKE tokens.

How Does PancakeSwap Work?

Since CAKE uses an automated market maker model, makes the involvement of intermediaries is needless. This then makes every user a liquidity pool provider. In summary, Pancakeswap depends on the funds deposited into smart contracts via the automated market maker. These smart contracts are also referred to as Liquidity Pools (LP).

This process allows users to trade against the deposited funds without needing third-party sources. In this case, there is no need for Know-Your-Customer (KYC) validation for trade to occur. Users also have a say in policies and how any new development is implemented. 

As for the liquidity providers, they receive rewards and share a part of the transaction fees. These rewards are referred to as Liquidity Pool tokens (LP tokens). Also, liquidity providers participate in yield farming and have the opportunity to take and earn rewards in CAKE tokens.

How Is the PancakeSwap Network Secured?

As with other cryptocurrencies, PancakeSwap can be stored safely and securely in wallets. However, the wallet has to be on the Binance Smart Chain. Popular wallets such as Trust wallet, Metamask, and the like are used for securely storing CAKE.

Crypto fear & Greed Index

Latest Crypto Fear & Greed Index

Historical Values

NowGreed
57
YesterdayGreed
67
Last weekExtreme Greed
79
Last monthGreed
74

Next Update

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Gainers & Losers

Data provided by Coingecko API

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