Please read our Coin Listings Disclaimer. Learn More · Hide This

CAKE Price
$2.44028
-3.38%
Market Cap
$651.44M
24H Volume
$30.9M
Circ Supply
266.94M

CAKE Market Stats

  • Price $2.44028
  • 1H Change -0.54%
  • 24H Change -3.38%
  • 7 Day Change -6.66%
  • 30 Day Change -5.41%
  • 1 Year Change +75.99%
  • All-Time High $44.1414
  • % From ATH -94.46%
  • ATH Date Apr 30, 2021

PancakeSwap Info

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 users’ 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 – 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).

PancakeSwap Technical Info

PancakeSwap News

PancakeSwap Exchanges

All images, branding and wording is copyright of PancakeSwap. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.