|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...|
|Change 7d||-5.70%||Market Cap||$440 858 760|
|Available supply||143 596 361 CAKE|
|Volume 24h||$67 086 595|
|Updated||Friday, July 1, 2022 8:00:05AM UTC|
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.
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.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Jun 22||3.08||2.98||3.10||452 619 807|
|Jun 23||3.03||3.03||3.24||492 239 676|
|Jun 24||3.25||3.24||3.39||515 330 400|
|Jun 25||3.38||3.25||3.38||509 094 848|
|Jun 26||3.37||3.33||3.47||503 928 056|
|Jun 27||3.32||3.32||3.43||498 038 984|
|Jun 28||3.32||3.21||3.40||483 073 026|
|Jun 29||3.18||3.03||3.20||461 573 551|
|Jun 30||3.05||2.87||3.05||426 741 593|
|Jul 01||3.03||3.03||3.13||440 858 760|
* 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.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||53.6%||94||$19 601.45||1.08%||-6.16%||$374 035 671 245|
|2||ETH||Ethereum predictions||58.8%||91||$1 069.36||1.22%||-6.90%||$129 781 761 094|
|3||USDT||Tether predictions||92.8%||1||$0.998838||-0.01%||-0.05%||$66 155 226 088|
|4||USDC||USD Coin predictions||91.2%||1||$1.000222||0.01%||0.01%||$55 814 989 943|
|5||BNB||Binance Coin predictions||59.6%||84||$222.98||5.98%||-3.62%||$36 406 780 076|
|6||BUSD||Binance USD predictions||90.8%||1||$1.001650||0.21%||0.09%||$17 576 185 471|
|7||ADA||Cardano predictions||62%||77||$0.456735||1.28%||-7.20%||$15 498 880 430|
|8||XRP||XRP predictions||66.4%||72||$0.318666||0.10%||-14.11%||$15 405 296 738|
|9||SOL||Solana predictions||62%||74||$33.22||4.79%||-13.37%||$11 402 674 515|
|10||DOGE||Dogecoin predictions||63.6%||76||$0.066230||1.84%||1.89%||$8 786 721 543|
|11||DAI||Dai predictions||96%||1||$1.000583||0.09%||0.06%||$6 781 768 129|
|12||DOT||Polkadot predictions||64.4%||72||$6.79||0.01%||-14.24%||$6 708 513 693|
|13||TRX||TRON predictions||55.2%||91||$0.065271||2.22%||1.89%||$6 037 017 196|
|14||LEO||UNUS SED LEO predictions||74.8%||55||$6.05||2.00%||4.28%||$5 770 009 473|
|15||SHIB||SHIBA INU predictions||64%||71||$0.000010||2.69%||0.29%||$5 612 816 170|
in California, United States, MultiBank Group is one of the world’s largest financial derivatives providers, with a paid-up capital of over $322 million...
Bitcoin has rebounded 5% in the past 24 hours, trading at $20,800. Ethereum has recovered 6.4% to $1130 in the same time frame. Leading altcoins in the top 10 are adding from a modest 3.5%...
Since cryptocurrencies exist over a decentralized network of computers, have no physical form, and are not tied to a specific commodity, some people find it hard to understand...
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2022 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.