|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||-7.39%||Market Cap||$2 624 763 081|
|Available supply||260 639 569 CAKE|
|Volume 24h||$197 382 600|
|Updated||Friday, January 21, 2022 12:00:04PM 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, $|
|Jan 12||10.90||10.72||11.34||2 907 370 437|
|Jan 13||11.30||10.82||11.30||2 828 084 699|
|Jan 14||10.93||10.87||11.35||2 935 257 461|
|Jan 15||11.29||11.24||11.88||3 030 726 568|
|Jan 16||11.73||11.63||12.12||3 142 781 746|
|Jan 17||12.05||11.15||12.06||2 920 702 142|
|Jan 18||11.27||10.59||11.37||2 851 536 457|
|Jan 19||10.93||10.43||10.93||2 791 253 562|
|Jan 20||10.60||10.42||11.04||2 711 616 752|
|Jan 21||10.27||10.07||10.36||2 624 763 081|
* 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||70%||62||$38 877.56||-7.74%||-7.67%||$736 181 998 656|
|2||ETH||Ethereum predictions||63.2%||78||$2 846.65||-9.53%||-11.39%||$339 462 913 103|
|3||USDT||Tether predictions||92.8%||1||$1.000201||-0.01%||-0.02%||$78 290 326 799|
|4||BNB||Binance Coin predictions||69.6%||56||$426.69||-8.19%||-9.55%||$70 454 015 232|
|5||USDC||USD Coin predictions||92.8%||1||$0.999831||0%||0.01%||$42 379 408 068|
|6||ADA||Cardano predictions||72.8%||49||$1.22||-9.99%||-1.49%||$40 782 615 526|
|7||SOL||Solana predictions||60.4%||87||$121.85||-11.55%||-15.01%||$38 324 736 333|
|8||XRP||XRP predictions||72.4%||59||$0.687990||-7.42%||-9.37%||$32 791 736 353|
|9||LUNA||Terra predictions||72.4%||58||$75.94||-7.53%||-1.95%||$27 064 805 569|
|10||DOT||Polkadot predictions||76.4%||48||$22.32||-9.11%||-15.35%||$22 041 526 314|
|11||DOGE||Dogecoin predictions||76.4%||50||$0.153582||-6.90%||-18.71%||$20 375 859 355|
|12||AVAX||Avalanche predictions||62.4%||77||$75.42||-11.29%||-14.66%||$18 427 649 915|
|13||BUSD||Binance USD predictions||94.4%||1||$1.000463||0.19%||0.09%||$14 239 613 244|
|14||SHIB||SHIBA INU predictions||66%||68||$0.000026||-8.11%||-16.56%||$14 062 977 878|
|15||MATIC||Polygon predictions||67.6%||62||$1.88||-10.07%||-15.01%||$13 961 640 892|
GLMR could be a top contender in 2022 if Moonbeam’s planned interoperability with the Ethereum Network is a hit with investors and developers. Cross-chain compatibility...
BTC derivatives metrics currently mirror late-September readings which preceded a strong 62% move in Bitcoin price. Bitcoin (BTC) has been below $45,000 for 14 days and is currently...
It may be all quiet on Jan. 17 in the absence of Wall Street, but Bitcoin markets might not stay that way for long. Bitcoin (BTC) hovered near $43,000...
The value of the cryptocurrency market rose almost 3% over the past 24 hours to 2.07 trillion. Exceeding the psychologically important circular mark pulled demand...
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.