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How to Buy PancakeSwap
Good news! You can buy PancakeSwap on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy PancakeSwap.
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CAKE is the native token of PancakeSwap, a leading decentralized exchange (DEX) built on the BNB Smart Chain (BSC). It serves as both a utility and governance token within the PancakeSwap ecosystem, playing a central role in the platform’s operations and community-driven decision-making.
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Traders
784
Searched
1K
Market Stats
Market Cap
$823.88M
-0.91%
FDV
$1.15B
Circ. Supply
322M CAKE
Max Supply
450M CAKE
Total Supply
369M CAKE
Total Value Locked
$1.80B
Diluted Valuation
$945.74M
Performance
Popularity
#82
Dominance
0.03%
Volume (24H)
$129.13M
-27.52%
Volume (7D)
$930.46M
Volume (30D)
$4.72B
All time high
$44.18
Price Change (1Y)
3.89%
The latest CAKE price is $2.56. Compared to PancakeSwap's value of $2.59 from 24 hours ago, there's been a -1% decrease, while the current price is 10% up from $2.33 which was recorded one week ago. PancakeSwap's all time high is $44.18, which was reached on April 30, 2021. This is a -94% change from its price today.
The current circulating supply of PancakeSwap is 321,555,884. This is 71% of its max supply of 450,000,000 CAKE and 87% of its total supply of 368,728,648. The market cap is currently $823.88M, which is a result of multiplying the current price of PancakeSwap($2.56) by the total supply(368,728,648 CAKE). The fully diluted valuation of PancakeSwap is $1.15B. The diluted valuation of PancakeSwap is $1.15B.
CAKE vs markets
↘ 26.33%
CAKE vs BTC
↘ 35.6%
CAKE vs ETH
↗ 32.24%
Tags
collectibles-nfts
decentralized-exchange-dex-token
defi
privacy
+7
Network | Address | |
---|---|---|
BNB Smart Chain | 0x0E09FaBB73Bd3Ade0a17ECC321fD13a19e81cE82 | |
Aptos | 0x159df6b7689437016108a019fd5bef736bac692b6d4a1f10c941f6fbb9a74ca6::oft::CakeOFT | |
Ethereum | 0x152649eA73beAb28c5b49B26eb48f7EAD6d4c898 | |
Polygon zkEVM | 0x0D1E753a25eBda689453309112904807625bEFBe |
Time | Price | Change |
---|---|---|
Today | $2.56 | ↘ 0.65% |
1 Day | $2.59 | ↘ 0.65% |
1 Week | $2.33 | ↗ 10.08% |
1 Month | $2.36 | ↗ 8.81% |
1 Year | $2.47 | ↗ 3.89% |
PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain that enables users to trade tokens without relying on a centralized intermediary. The platform offers a wide range of DeFi products, including token swapping, yield farming, and Syrup Pools for staking its native token, CAKE. Additional features include Ethereum liquid staking, a prediction market, Initial Farm Offering (IFO) token launches, cross-chain bridges to Ethereum and Aptos, a lottery, and an NFT marketplace. PancakeSwap is maintained by an anonymous team known as "Chefs" and has undergone multiple audits from reputable blockchain security firms to ensure platform integrity.
PancakeSwap allows users to trade tokens directly from their wallets in a decentralized manner, utilizing smart contracts to facilitate transactions. The platform introduced PancakeSwap V3, which enhances capital efficiency by allowing liquidity providers to concentrate their assets within specific price ranges. This targeted liquidity provision increases efficiency, especially in stablecoin pools, while offering traders lower fees across four fee tiers based on volatility and trading activity. PancakeSwap V3 also features a smart router that automatically finds the best trading routes across V3, V2, and StableSwap pools, optimizing trade execution for users.
PancakeSwap serves as a comprehensive DeFi platform offering token trading, yield farming, and staking opportunities. Its prediction market, IFO token launches, cross-chain bridges, and NFT marketplace expand its utility beyond traditional DEX functions. The Position Manager feature enables auto-compounding of rewards, automatically reinvesting fees and earnings back into liquidity pools to maximize returns over time. Additionally, PancakeSwap offers a compensation program where CAKE stakers receive a share of transaction fees, distributed weekly based on the amount and duration of staked CAKE. This diverse ecosystem caters to traders, liquidity providers, and NFT enthusiasts alike.
PancakeSwap was launched on the BNB Chain and has continuously evolved, adding new features and expanding its ecosystem. In April 2023, the platform transitioned to a deflationary token model called "Ultrasound CAKE" following the approval of CAKE Tokenomics v2.5. This new model combines real yield with reduced token emissions, burning over 102% of minted CAKE weekly to extend the token's emission lifespan and incentivize long-term staking. PancakeSwap has also adopted a multichain strategy, deploying its exchange and CAKE token across various layer-one and layer-two blockchains. Despite market fluctuations, PancakeSwap remains a leading DEX, generating an annualized revenue of $27 million, with 42% of CAKE tokens staked.
We update our PancakeSwap to USD currency in real-time. Get the live price of PancakeSwap on Coinbase.
The current market cap of PancakeSwap is $823.88M. A high market cap implies that the asset is highly valued by the market.
The all-time high of PancakeSwap is $44.18. This all-time high is highest price paid for PancakeSwap since it was launched.
Over the last 24 hours, the trading volume of PancakeSwap is $129.13M.
Assets that have a similar market cap to PancakeSwap include Zcash, PAX Gold, Tether Gold, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of PancakeSwap is 322 million.
Yes, PancakeSwap is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy PancakeSwap guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Coinbase
How to Buy PancakeSwap
Good news! You can buy PancakeSwap on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy PancakeSwap.
Read more
Coinbase
How to Stake PancakeSwap
You can earn rewards for PancakeSwap through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.