PancakeSwap Logo

PancakeSwap CAKE

PancakeSwap header image

1. Summary

Ranks

Liquidity
99
Developer
-
Social
100
Momentum (beta)
64
Stack Rank™
-
Price
$2.35 -7.0%
Market Cap
$697.99M (#133)
Supply
262.08M / 383.28M
Tags
Binance Smart Chain Ecosystem Exchange-based Tokens Decentralized Exchange Token (DEX) Automated Market Maker (AMM) Yield Farming DeFi Governance Ethereum Ecosystem BNB Chain Ecosystem Decentralized Exchange (DEX)
More Metrics
Price
52W High price $5.12
52W High date 14th Mar 2024 (9 months ago)
All Time High (ATH) Date 30th Apr 2021 (3 years ago)
ATH Price $43.96
% From ATH -95.53%
All Time Low (ATL) Date 3rd Nov 2020 (4 years ago)
ATL Price $0.19
% From ATL 910.54%
Supply & Trading Volume
Trading Volume (24h) $177.18M
Total Supply 383.28M
Max Supply 450.00M
Circulating Supply 262.08M
Less Metrics
Description

PancakeSwap is what is known as an automated market maker (AMM) which is essentially this decentralized finance (DeFi) application that allows users to exchange tokens while providing liquidity through farming and earning fees in return.

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PancakeSwap is what is known as an automated market maker (AMM) which is essentially this decentralized finance (DeFi) application that allows users to exchange tokens while providing liquidity through farming and earning fees in return.

When we discuss the history of PancakeSwap, it originally launched in September of 2020 and is a decentralized exchange that specializes in swapping BEP20 tokens on the Binance Smart Chain. However, PancakeSwap also allows you to trade cryptocurrencies and tokens without a centralized intermediary, which means that you keep custody of your tokens at all times. It is built on automated smart contracts that are deployed on the Binance Smart Chain, which is the blockchain platform that is run by the crypto exchange Binance. Now, even though Binance operates a centralized exchange, it does not have control or any operation over PancakeSwap.

Furthermore, it uses an automated market maker model where the traders can trade against a liquidity pool, where each pool is filled by users that end up depositing their funds into it to receive liquidity provider (LP) tokens in return.

These tokens can over time be used for them to reclaim their share of the pool. These LP tokens are known as FLIP, and PancakeSwap allows users to farm additional tokens known as CAKE and SYRUP in the theme of the entire AMM. Users can deposit LP tokens and get rewarded with CAKE.

Now, if you want to trade BEP20 tokens here, provide liquidity to the exchange, and as a result, earn fees and stake LP tokens to earn CAKE, you can do so. Furthermore, you can stake CAKE to earn tokens for other projects.

The CAKE Token Explained

The PancakeSawp token CAKE is a BEP20 token.

This token was originally launched on the Binance Smart chain and serves the function of incentivizing the liquidity provision on the platform.

As a user, you can stake your token in order to earn rewards. This is done by depositing LP tokens as well as locking them in the pool. This process of farming is rewarded by the system with CAKE tokens, and the tokens can, later on, be withdrawn with zero holding time. CAKE also gives you the opportunity to invest and increase returns in the future as well.

Features of PancakeSwap

PancakeSwap is unique in the sense that it uses an automated market maker model. This in turn allows it to use liquidity pools instead of order books. As a user, you have the ability to actually earn income through becoming a liquidity provider, by adding your tokens to the liquidity pool, where you will farm LP tokens, and you can then stake your CAKE to earn rewards.

This means that PancakeSwap essentially cuts out the middleman found on centralized exchanges and lets users get the rewards instead.

Founders of PancakeSwap (CAKE)

Discussing the founders of PancakeSwap, unfortunately, we do not really know who they are as it is a Binance Smart Chain-based decentralized exchange (DEX) as well as an automated market maker (AMM) that was developed by anonymous developers.

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2. Price

CAKE

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2.1. Market Performance

How does PancakeSwap's (CAKE) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-0.9%

CAKE

19.2%

Similar Market Cap

60 Day Return

-10.7%

CAKE

25.8%

Similar Market Cap

1 Year Return

54.5%

CAKE

300.0%

Similar Market Cap

3. Developer Activity

We're monitoring 40 PancakeSwap GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All PancakeSwap Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 0 commits vs. an average of 102

Most Active Repos

Pancake Frontend
Past week 127
Past 12 weeks 552
Past year 1596
Pancake Toolkit
Past week 42
Past 12 weeks 137
Past year 539
Pancake Swap Interface V1
Past week 0
Past 12 weeks 8
Past year 369
Pancake Uikit
Past week 0
Past 12 weeks 0
Past year 271
Lottery Contract
Past week 0
Past 12 weeks 0
Past year 109
Pancake Info V1
Past week 0
Past 12 weeks 0
Past year 94

Top Developers 2024

In total, 320 developers have contributed to PancakeSwap over the past year. Who are the most active PancakeSwap developers, by commits, over the past year?

hachiojidev

Commits: 526

memoyil

Commits: 481

Chef-Chungus

Commits: 427

ChefKai

Commits: 364

Chef-Cheems

Commits: 305

PancakeSwap-bot

Commits: 296

RabbitDoge

Commits: 276

ChefHutch

Commits: 220

chef-jojo

Commits: 156

bonustrack

Commits: 137

ChefGyoza

Commits: 120

pancakeswap-github-bot

Commits: 94

hachiojidev

Commits: 526

memoyil

Commits: 481

Chef-Chungus

Commits: 427

ChefKai

Commits: 364

Chef-Cheems

Commits: 305

PancakeSwap-bot

Commits: 296

RabbitDoge

Commits: 276

ChefHutch

Commits: 220

chef-jojo

Commits: 156

bonustrack

Commits: 137

ChefGyoza

Commits: 120

pancakeswap-github-bot

Commits: 94

Nicca42

Commits: 89

0xCorgi

Commits: 46

chef-huan

Commits: 41

ChefBugs

Commits: 38

dependabot[bot]

Commits: 37

ChefBingbong

Commits: 30

cbunnydev

Commits: 26

ChefJerry

Commits: 25

Serhioromano

Commits: 22

kim-pink-ba

Commits: 19

Chef-Oreo

Commits: 18

chefilip

Commits: 16

chefjackson

Commits: 15

Aosiepcs

Commits: 14

Woody810

Commits: 12

ChaituVR

Commits: 12

0mkara

Commits: 11

chefmaroon

Commits: 11

chef-bun

Commits: 10

pedrocrvz

Commits: 10

ChefNina

Commits: 10

imgbot[bot]

Commits: 9

pancake-swap

Commits: 9

Woody89856

Commits: 8

HarryTgerman

Commits: 8

samuveth

Commits: 8

andytcf

Commits: 7

iwanwang-0

Commits: 7

ciruz

Commits: 7

0xKiwi

Commits: 7

ImgBotApp

Commits: 6

karelianpie

Commits: 6

davekaj

Commits: 6

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Related Projects

Developers working on PancakeSwap also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 88,540
Active Reddit Users (past 24h) 56
Discord users 109,284
Active Discord Users 4,026
Telegram Users 150,067
Twitter followers 2M
5. News
More News Less News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://pancakeswap.finance/
Explorer https://bscscan.com/token/0x0e09fabb73bd3ade0a17ec...
Twitter @pancakeswap
reddit /r/pancakeswap
Forum https://medium.com/@pancakeswap

What is the correct contract address for PancakeSwap?

Aptos 0x159df6b7689437016108a019fd5bef736bac692b6d4a1f10c941f6fbb9a74ca6::oft::CakeOFT
Ethereum 0x152649ea73beab28c5b49b26eb48f7ead6d4c898
Binance-smart-chain 0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82

Has PancakeSwap been audited for security?

No security audits found for this project.

Are you the owner of PancakeSwap? Edit it here

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