PancakeSwap (CAKE) | Buy PancakeSwap Now |
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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... | |
CVIX | 82 |
Current price | $3.90 |
Change 24h | -5.14% |
Change 7d | -5.45% | Market Cap | $951 701 260 |
Available supply | 244 069 839 CAKE |
Volume 24h | $154 538 903 |
Updated | Tuesday, March 19, 2024 1:00:05AM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $3.72 | -4.61% |
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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, $ |
---|---|---|---|---|
Mar 10 | 3.74 | 3.72 | 4.22 | 948 686 539 |
Mar 11 | 4.00 | 3.86 | 4.11 | 977 871 680 |
Mar 12 | 4.08 | 4.08 | 4.28 | 1 032 811 008 |
Mar 13 | 4.25 | 4.19 | 4.89 | 1 188 938 392 |
Mar 14 | 5.21 | 4.64 | 5.21 | 1 185 810 315 |
Mar 15 | 4.76 | 4.38 | 4.82 | 1 160 912 773 |
Mar 16 | 4.80 | 4.25 | 4.80 | 1 068 824 536 |
Mar 17 | 4.24 | 4.08 | 4.39 | 1 065 729 301 |
Mar 18 | 4.22 | 3.97 | 4.31 | 968 656 600 |
Mar 19 | 3.98 | 3.90 | 3.98 | 951 701 260 |
* 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 | 64.4% | 76 | $66 992.58 | -0.61% | -7.09% | $1 316 943 585 114 | ||
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2 | ETH | Ethereum predictions | 66.4% | 68 | $3 460.53 | -3.51% | -14.97% | $415 536 526 439 | ||
3 | USDT | Tether predictions | 96% | 1 | $1.000060 | 0.09% | -0.03% | $103 421 410 734 | ||
4 | SOL | Solana predictions | 63.2% | 79 | $193.58 | -1.79% | 30.89% | $85 929 324 978 | ||
5 | BNB | Binance Coin predictions | 57.6% | 90 | $544.83 | -1.94% | 3.76% | $81 472 706 980 | ||
6 | XRP | XRP predictions | 68.4% | 59 | $0.626474 | 2.99% | -12.03% | $34 330 911 383 | ||
7 | USDC | USD Coin predictions | 95.6% | 2 | $1.000015 | 0% | 0% | $31 191 764 844 | ||
8 | ADA | Cardano predictions | 64% | 75 | $0.648175 | -2.52% | -15.54% | $23 051 773 097 | ||
9 | AVAX | Avalanche predictions | 66% | 73 | $59.60 | 6.31% | 22.83% | $22 486 065 995 | ||
10 | DOGE | Dogecoin predictions | 58.8% | 90 | $0.140321 | -6.81% | -21.50% | $20 139 550 275 | ||
11 | SHIB | SHIBA INU predictions | 57.2% | 94 | $0.000026 | -8.66% | -22.81% | $15 387 028 340 | ||
12 | DOT | Polkadot predictions | 58.4% | 87 | $9.61 | -2.64% | -11.82% | $13 677 725 355 | ||
13 | TON | Toncoin predictions | 68.8% | 70 | $3.77 | -0.57% | 12.36% | $13 088 446 944 | ||
14 | WTRX | Wrapped TRON predictions | 86% | 21 | $0.123991 | -1.45% | -7.07% | $10 890 189 708 | ||
15 | TRX | TRON predictions | 85.2% | 19 | $0.123908 | -1.57% | -7.44% | $10 882 923 329 |
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