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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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About PancakeSwap
PancakeSwap is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is fast, cheap, and allows anyone to participate.
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4/28/2025, 2:04:41 AM
Market Stats
Market Cap
$637,363,704.73
-3.72%
FDV
$891,188,861.40
Circulating Supply
321,832,643.508 CAKE
Max Supply
450,000,000 CAKE
Total Supply
377,866,609.337 CAKE
Total Value Locked
$1,683,523,630.48
Diluted Valuation
$746,615,333.00
Performance
Popularity
Not enough data
Dominance
0.02%
Volume (24H)
$55,788,209.42
-0.23%
Volume (7D)
$408,199,476.33
Volume (30D)
$1,804,663,610.36
All time high
$44.18
Overall Price Change (1Y)
-0.27%
Additional info about PancakeSwap
Recent trends
The price of PancakeSwap has decreased by 1.08% in the last hour and decreased by 3.96% in the past 24 hours. PancakeSwap’s price has also fallen by 0.68% in the past week. The current price is $1.98 per CAKE with a 24-hour trading volume of $55.79M. Currently, PancakeSwap is valued at 95.52% below its all time high of $44.18. This all-time high was the highest price paid for PancakeSwap since its launch. The current circulating supply of PancakeSwap is 321,832,643.508 CAKE which means that PancakeSwap has as total market cap of $637,363,704.73.
Market details
CAKE vs markets
↘ 41.96%
CAKE vs BTC
↘ 49.58%
CAKE vs ETH
↗ 33.64%
Tags
collectibles-nfts
decentralized-exchange-dex-token
defi
smart-contracts
+4
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x0E09FaBB73Bd3Ade0a17ECC321fD13a19e81cE82 | |
Aptos | 0x159df6b7689437016108a019fd5bef736bac692b6d4a1f10c941f6fbb9a74ca6::oft::CakeOFT | |
Ethereum | 0x152649eA73beAb28c5b49B26eb48f7EAD6d4c898 | |
Polygon zkEVM | 0x0D1E753a25eBda689453309112904807625bEFBe |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.98 | ↘ 3.96% |
1 Day | $2.06 | ↘ 3.96% |
1 Week | $1.99 | ↘ 0.68% |
1 Month | $2.32 | ↘ 14.68% |
1 Year | $2.70 | ↘ 26.61% |
FAQ
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 $637.36M. 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 $55.79M.
Assets that have a similar market cap to PancakeSwap include Aave ENS V2, Ethereum Name Service, Flow, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of PancakeSwap is 322 million.
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PancakeSwap news
Trending articles
Social stats
Popularity in posts
#248
Contributors
1,203
Posts
1,678
% About PancakeSwap
0.119%
Articles
1
Hold times
0 days
X (Twitter)
38.46% bullish
Sentiment
4.2 ★
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.
Highlights
1,203 unique individuals are talking about PancakeSwap and it is ranked #248 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, PancakeSwap has an average sentiment score of 84 out of 5. Finally, PancakeSwap is becoming less newsworthy, with 1 news articles published about PancakeSwap.
On Twitter, people are mostly neutral about PancakeSwap. There were 38.76% of tweets with bullish sentiment compared to 0.77% of tweets with a bearish sentiment about PancakeSwap. 61.24% of tweets were neutral about PancakeSwap. These sentiments are based on 1074 tweets.
On Reddit, PancakeSwap was mentioned in 347 Reddit posts and there were 371 comments about PancakeSwap. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.