PancakeSwap is a low-fee decentralized exchange where users swap, farm, and stake across several blockchains. CAKE fuels every action: it rewards liquidity, grants governance power, funds lotteries, and absorbs value through continuous buy-and-burn events.
Utility & Use Cases CAKE
Stake for Real Yield
Lock CAKE in Fixed-Term Syrup Pools to earn protocol-fee revenue plus extra CAKE.
Liquidity Farming
Provide token pairs to pools; collect swap fees and CAKE emissions for added profit.
Governance Voting
Use CAKE to create and vote on proposals shaping fees, emissions, and new products.
Lottery & Prediction
Spend CAKE on on-chain games for a chance to win jackpots; burned tickets cut supply.
IFO Launchpad
Commit CAKE to buy new project tokens early; unspent CAKE gets burned, boosting scarcity.
PancakeSwap Technologies Overview
AMM Engine
Automated market maker with fee tiers as low as 0.01 % for capital-efficient swaps.
Multi-Chain Deployment
Unified UI supports BNB Chain, Ethereum, Aptos, Arbitrum, Polygon zkEVM and more.
Ultra-Low Fees
BNB Chain block times near 3 s keep average swap cost at only a few cents.
High Scalability
Handles millions of trades monthly and >$1 T cumulative volume without downtime.
Open-Source & Audited
Code is public on GitHub; reviewed by CertiK, SlowMist, PeckShield and Halborn.
Funding
No public ICO. CAKE distribution began via yield farming in 2020. Binance Labs made a strategic investment (2022) to accelerate development.
Roadmap
Tokenomics 3.0 (Q2 2025)
Complete unlock of old veCAKE, implement full revenue-share staking and deeper burns.
Infinity Multichain Rollout
Bridge and liquidity-management tools unify PancakeSwap experience across 10+ networks.
Pro Trading Suite
Native limit, TWAP and advanced order types plus mobile app release for all chains.
PancakeSwap Security & Audit Reports
Core contracts audited repeatedly since launch by CertiK, SlowMist, PeckShield and Halborn; no critical exploits recorded, DNS phishing incident 2021 resolved without contract loss.
Trust Wallet, MetaMask, Binance Wallet and most Web3 wallets support it.
Top Crypto Exchanges to Trade PancakeSwap (CAKE)
#
Exchange
Pair
Price
24h Volume
1
Bybit
CAKE/USDT
~$2.14
$15,179,399
2
Binance
CAKE/USDT
~$2.14
$20,547,052
3
WhiteBIT
CAKE/USDT
~$2.14
$7,789,926
4
LBank
CAKE/USDT
~$2.14
$1,961,240
5
Azbit
CAKE/USDT
~$2.13
$1,756,743
6
Phemex
CAKE/USDT
~$2.15
$1,392,154
7
MEXC
CAKE/USDT
~$2.14
$874,657
8
Gate.io
CAKE/USDT
~$2.14
$1,403,932
9
XT.COM
CAKE/USDT
~$2.14
$2,794,934
10
Tokpie
CAKE/USDT
~$2.14
$618,436
11
Bitunix
CAKE/USDT
~$2.14
$1,334,506
12
BYDFi
CAKE/USDT
~$2.14
$827,463
13
FMCPAY
CAKE/USDT
~$2.14
$409,157
14
PancakeSwap V3 (BSC)
0X0E09FABB.../0X55D39832...
~$2.13
$5,066,623
15
CoinEx
CAKE/USDT
~$2.14
$1,673,266
16
KuCoin
CAKE/USDT
~$2.14
$720,764
17
PancakeSwap (v2)
0X0E09FABB.../0XBB4CDB9C...
~$0.0031
$4,225,086
18
CoinW
CAKE/USDT
~$2.14
$1,146,299
19
Hotcoin
CAKE/USDT
~$2.14
$3,158,095
20
Bitget
CAKE/USDT
~$2.14
$787,788
21
Biconomy.com
CAKE/USDT
~$2.14
$290,872
22
BingX
CAKE/USDT
~$2.14
$489,544
23
BTSE
CAKE/USDT
~$2.14
$502,568
24
PancakeSwap V3 (BSC)
0X0E09FABB.../0XBB4CDB9C...
~$0.0031
$2,051,819
25
DigiFinex
CAKE/USDT
~$2.14
$376,955
26
Hibt
CAKE/USDT
~$2.14
$461,915
27
BitDelta
CAKE/USDT
~$2.13
$306,250
28
QMall
CAKE/USDT
~$2.14
$800,300
29
Uniswap V3 (BSC)
0X0E09FABB.../0X55D39832...
~$2.14
$1,261,201
30
PancakeSwap V3 (BSC)
0X0E09FABB.../0XBB4CDB9C...
~$0.0031
$1,199,402
31
Trubit
CAKE/USDT
~$2.14
$654,727
32
Coinstore
CAKE/USDT
~$2.14
$1,004,472
33
LATOKEN
CAKE/USDT
~$2.14
$332,186
34
Dex-Trade
CAKE/USDT
~$2.14
$460,895
35
HTX
CAKE/USDT
~$2.14
$457,954
36
Binance
CAKE/BTC
~$0.000021
$234,260
37
Fastex
CAKE/USDT
~$2.14
$301,345
38
PointPay
CAKE/USDT
~$2.14
$322,152
39
Tokpie
CAKE/WBTC
~$0.000021
$71,282
40
PancakeSwap (v2)
0X0E09FABB.../0X55D39832...
~$2.14
$314,188
41
Azbit
CAKE/BTC
~$0.000021
$239,145
42
BitMart
CAKE/USDT
~$2.14
$187,718
43
LATOKEN
CAKE/BTC
~$0.000021
$129,966
44
Uniswap V3 (BSC)
0X0E09FABB.../0XCF6BB538...
~$0.25
$164,889
45
PancakeSwap (v2)
0X0E09FABB.../0XE9E7CEA3...
~$2.13
$160,453
46
Nonkyc.io
CAKE/USDT
~$2.15
$138,609
47
PancakeSwap V3 (BSC)
0X0E09FABB.../0X7130D2A1...
~$0.000021
$152,559
48
Tokpie
CAKE/ETH
~$0.00066
$24,144
49
Nonkyc.io
CAKE/BNB
~$0.0031
$122,416
50
Tokpie
CAKE/BNB
~$0.0031
$35,995
51
PancakeSwap (Aptos)
0X159DF6B7.../0XF22BEDE2...
~$2.14
$45,192
52
FMCPAY
CAKE/BTC
~$0.000021
$33,656
53
PancakeSwap V3 (BSC)
0X0E09FABB.../0XE9E7CEA3...
~$2.14
$38,581
54
bitcastle
CAKE/USDT
~$2.14
$25,326
55
PancakeSwap V3 (BSC)
0X0E09FABB.../0X2170ED08...
~$0.00065
$18,933.67
56
PancakeSwap V3 (Base)
0X3055913C.../0X42000000...
~$0.00064
$17,281.42
57
PancakeSwap (v2)
0X0E09FABB.../0X7130D2A1...
~$0.000021
$13,854.32
58
PancakeSwap V3 (BSC)
0X0E09FABB.../0X76A797A5...
~$0.43
$11,296.58
59
PancakeSwap V3 (BSC)
0X0E09FABB.../0XC5F0F7B6...
~$2.14
$11,472.01
60
PancakeSwap V3 (BSC)
0X0E09FABB.../0XBB4CDB9C...
~$0.0031
$7,511.86
61
PancakeSwap V3 (BSC)
0X0E09FABB.../0X4B4594BF...
~$8.52
$7,278.05
62
PancakeSwap V3 (zkSync)
0X3A287A06.../0X5AEA5775...
~$0.00065
$6,431.97
63
PancakeSwap (v2)
0XA260E12D.../0X0E09FABB...
~$0.14
$5,511.86
64
CoinEx
CAKE/USDC
~$2.14
$7,347.72
65
PancakeSwap (v2)
0X0E09FABB.../0X2170ED08...
~$0.00065
$5,139.79
66
PancakeSwap (v2)
0X0E09FABB.../0X8AC76A51...
~$2.13
$5,037.64
67
PancakeSwap V1 (BSC)
0X0E09FABB.../0XE9E7CEA3...
~$2.14
$3,733.07
68
PancakeSwap V3 (BSC)
0X0E09FABB.../0XAFCC12E4...
~$92.88
$2,837.15
69
PancakeSwap V3 (opBnb)
0X2779106E.../0X42000000...
~$0.0031
$414.36
70
PancakeSwap V3 (BSC)
0X0E09FABB.../0XE4062815...
~$5.46
$556.06
71
PancakeSwap (v2)
0X8263CD16.../0X0E09FABB...
~$0.065
$468.37
72
PancakeSwap V3 (BSC)
0X0E09FABB.../0X99945F48...
~$3,361.35
$315.03
73
PancakeSwap (Aptos)
0X159DF6B7.../0X8D87A65B...
~$2.16
$315.64
74
PancakeSwap V3 (BSC)
0X0E09FABB.../0X8AC76A51...
~$2.13
$328.72
75
PancakeSwap (v2)
0X04756126.../0X0E09FABB...
~$0.0078
$220.31
76
PancakeSwap (v2)
0XBA2AE424.../0X0E09FABB...
~$0.16
$163.03
77
PancakeSwap (v2)
0X1D2F0DA1.../0X0E09FABB...
~$1.44
$160.1
78
Uniswap V3 (BSC)
0X0E09FABB.../0X8AC76A51...
~$2.15
$145.57
79
BTCC
CAKE/USDT
~$2.14
$7,163,978
80
OrangeX
CAKE/USDT
~$2.14
$1,544,320
81
Ourbit
CAKE/USDT
~$2.14
$3,041,364
82
Websea
CAKE/USDT
~$2.14
$1,477,237
83
Koinpark
CAKE/USDT
~$2.14
$183,700
84
BVOX
CAKE/USDT
~$2.12
$582,775
85
Toobit
CAKE/USDT
~$2.14
$271,247
86
FameEX
CAKE/USDT
~$2.14
$898,974
87
Pionex
CAKE/USDT
~$2.14
$144,422
88
Koinpark
CAKE/INR
~$183.12
$111,024
89
TokoCrypto
CAKE/USDT
~$2.14
$12,817.07
90
Bitrue
CAKE/USDT
~$2.14
$1,700,519
91
Bitrue
CAKE/XRP
~$0.69
$2,791,512
92
CoinTR
CAKE/USDT
~$2.14
$133,478
93
WEEX
CAKE/USDT
~$2.14
$27,550
94
Tothemoon
CAKE/USDT
~$2.15
$89,232
95
Binance
CAKE/TRY
~$76.25
$83,877
96
Bitvavo
CAKE/EUR
~$2.063
$133,935
97
Bitazza
CAKE/USDT
~$2.15
$269,641
98
Byte Exchange
CAKE/USDT
~$2.15
$214,600
99
BloFin
CAKE/USDT
~$2.14
$100,724
100
Tapbit
CAKE/USDT
~$2.14
$135,313
PancakeSwap
CAKE
Price
#119
$2.2
2.95%
Market Cap
Market capitalization of PancakeSwap (CAKE) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$705,773,344
Fully Diluted Variation
Fully diluted valuation of PancakeSwap (CAKE) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$808,283,255
24 Hour Trading Vol
24-hour trading volume shows the total amount of PancakeSwap (CAKE) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$63,081,183
Total Value Locked (TVL)
Total Value Locked (TVL) represents the aggregate value of PancakeSwap (CAKE) and other assets deposited in DeFi protocols. It indicates the overall usage and adoption of PancakeSwap (CAKE) in decentralized finance applications
$1,813,373,023
Circulating Supply
Circulating supply shows the number of PancakeSwap (CAKE) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
320,906,476.35
Total Supply
Total supply represents all PancakeSwap (CAKE) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
367,516,474.15
Max Supply
Maximum supply indicates the absolute maximum number of PancakeSwap (CAKE) tokens that will ever exist. This is a hard cap programmed into the token's protocol that cannot be exceeded, ensuring scarcity over time
