Deposit and Earn Up to $3000 Bonus
CAKE Price
Market Cap $4,652,832,751
24H Volume $248,154,202
Circulating Supply 234,588,012 CAKE
Total Supply 234,588,012 CAKE
1H +0.19%
24H -3%
7D -0.74%
1M -20.7%
All-Time High $44.1414
% from ATH -58%
ATH Date Apr 30, 2021

What is PancakeSwap?

PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with usersโ€™ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

The LP tokens are called FLIP tokens. PancakeSwap also allows users to farm additional tokens โ€“ CAKE and SYRUP. On the farm, users can deposit LP tokens, locking them up in a process that rewards users with CAKE. Users can stake CAKE tokens to receive SYRUP, which will have further functionality as governance tokens (and as tickets in a lotteries).

CAKE Network & Signals

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