|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||13.31%||Market Cap||$368 288 467|
|Available supply||208 539 719 CAKE|
|Volume 24h||$38 761 615|
|Updated||Friday, June 2, 2023 7:00:07PM 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, $|
|May 24||1.81||1.64||1.81||332 128 718|
|May 25||1.65||1.53||1.65||313 208 214|
|May 26||1.55||1.51||1.56||315 011 668|
|May 27||1.56||1.54||1.56||312 965 793|
|May 28||1.55||1.55||1.67||350 927 630|
|May 29||1.68||1.68||1.79||342 078 549|
|May 30||1.71||1.71||1.74||347 731 571|
|May 31||1.72||1.62||1.72||327 557 868|
|Jun 01||1.63||1.62||1.67||344 999 685|
|Jun 02||1.67||1.67||1.77||368 288 467|
* 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||90.4%||12||$27 138.42||0.67%||1.42%||$526 244 858 811|
|2||ETH||Ethereum predictions||94.4%||5||$1 905.16||1.78%||3.91%||$229 081 653 780|
|3||USDT||Tether predictions||94%||1||$1.000098||0.01%||-0.03%||$83 257 842 516|
|4||BNB||Binance Coin predictions||91.6%||2||$307.40||0.66%||0.16%||$47 910 801 205|
|5||USDC||USD Coin predictions||91.2%||1||$0.999845||0%||-0.03%||$28 941 949 857|
|6||XRP||XRP predictions||76%||40||$0.523096||2.89%||12.38%||$27 192 303 394|
|7||ADA||Cardano predictions||91.6%||7||$0.377941||3.19%||3.22%||$13 185 243 857|
|8||STETH||Lido stETH predictions||90.8%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|9||DOGE||Dogecoin predictions||88.8%||14||$0.072236||0.21%||1.81%||$10 084 312 379|
|10||SOL||Solana predictions||84.4%||27||$21.22||2.15%||9.04%||$8 419 052 407|
|11||MATIC||Polygon predictions||80.8%||31||$0.894287||-0.09%||-3.20%||$8 298 503 979|
|12||WTRX||Wrapped TRON predictions||80.4%||34||$0.076440||1.73%||0.15%||$7 772 125 964|
|13||TRX||TRON predictions||83.6%||33||$0.076681||2.03%||0.46%||$6 916 960 123|
|14||LTC||Litecoin predictions||76.4%||38||$94.53||-0.68%||7.94%||$6 905 969 709|
|15||DOT||Polkadot predictions||92.4%||8||$5.24||-0.11%||-0.32%||$6 266 962 796|
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