|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||-0.89%||Market Cap||$522 014 622|
|Available supply||232 728 528 CAKE|
|Volume 24h||$66 027 724|
|Updated||Wednesday, November 29, 2023 12:00:04AM 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, $|
|Nov 20||2.52||2.47||2.68||599 755 391|
|Nov 21||2.60||2.27||2.73||522 994 328|
|Nov 22||2.27||2.27||2.45||574 678 609|
|Nov 23||2.45||2.35||2.50||562 933 634|
|Nov 24||2.39||2.38||2.42||559 057 712|
|Nov 25||2.38||2.37||2.45||566 528 304|
|Nov 26||2.42||2.32||2.42||553 441 846|
|Nov 27||2.34||2.15||2.34||506 758 975|
|Nov 28||2.20||2.15||2.27||521 982 111|
|Nov 29||2.24||2.24||2.24||522 014 622|
* 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||93.6%||7||$37 831.09||1.55%||5.63%||$739 813 120 656|
|2||ETH||Ethereum predictions||75.2%||40||$2 049.34||1.08%||5.80%||$246 420 242 346|
|3||USDT||Tether predictions||93.2%||1||$1.000452||0.05%||0%||$88 939 059 911|
|4||BNB||Binance Coin predictions||83.2%||27||$229.70||1.00%||1.32%||$34 845 252 262|
|5||XRP||XRP predictions||77.6%||39||$0.611422||1.20%||5.33%||$32 904 900 713|
|6||SOL||Solana predictions||63.2%||84||$58.19||5.68%||11.91%||$24 639 227 969|
|7||USDC||USD Coin predictions||92%||1||$0.999914||-0.01%||-0.01%||$24 532 362 027|
|8||ADA||Cardano predictions||70.4%||57||$0.385518||1.90%||7.49%||$13 608 099 865|
|9||DOGE||Dogecoin predictions||76.8%||44||$0.081009||2.82%||12.33%||$11 504 931 650|
|10||STETH||Lido stETH predictions||93.6%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||TRX||TRON predictions||86.4%||26||$0.103039||0.91%||7.03%||$9 124 531 212|
|12||WTRX||Wrapped TRON predictions||83.6%||27||$0.102947||0.69%||6.74%||$9 116 405 227|
|13||TON||Toncoin predictions||84%||29||$2.44||-0.54%||6.31%||$8 366 487 705|
|14||LINK||Chainlink predictions||68%||66||$14.52||2.23%||7.19%||$8 084 469 806|
|15||AVAX||Avalanche predictions||59.6%||84||$20.65||1.43%||8.36%||$7 539 381 784|
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