PancakeSwap
CAKE$1.40
Market Cap
$461.83M
Volume 24h
$17.92M
Vol / Market Cap
3.88%
Rank
#70
CAKE Price Chart
PancakeSwap is a decentralized exchange on BNB Chain supporting token swaps and DeFi tools.
What Is PancakeSwap (CAKE)? PancakeSwap is a decentralized exchange built on BNB Chain supporting token swaps, yield farming, and DeFi services.
A leading decentralized exchange on BNB Chain using an Automated Market Maker model. It offers liquidity pools, yield farming, and various DeFi services.
DEX Liquidity & Farming: Used as the primary token for yield farming rewards and governance on a major BNB Chain DEX.
BNB-Chain Trading: A primary rewards/governance token on a major BNB Chain DEX, used for farming incentives, lotteries, prediction markets, and voting.
Crowded DEX landscape; inflationary rewards can create constant sell pressure.
