PancakeSwap (CAKE)

Q: Is PancakeSwap safe?

Yes, PancakeSwap is considered a safe network and its native coin, CAKE, is also considered safe. It uses a unique hybrid consensus algorithm called Proof of Staked Authority (PoSA) and other users on the network, known as validator nodes, verify and secure all transactions.

Q: Has PancakeSwap been hacked?

In 2021 users of the exchange were given notice that there was a possibility that the exchange had undergone a DNS hijack. The breach was restricted only to the front end of the website, and their funds were also secure.

The price of PancakeSwap is $2.23, a +3.46% change over the last 7 days. Learn more about PancakeSwap’s price history, how it works, and how to invest.

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Updated: Aug 5, 2024

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PancakeSwap price

$2.23

-$0.03 (-1.15%)

Overview

Markets

Historical Data

Price Statistics

PancakeSwap price today

24h Change	-$0.03
24h Low	$2.11
24h High	$2.35
Market cap	$646.97M
Trading Volume (24h)	$145.89M
Market Dominance	0.02%
Market Rank	#127
Circulating Supply	290.03M
Max Supply	450M

PancakeSwap markets

Spot Derivatives OTC

#	Source	Pairs	Price	+2% Depth	-2% Depth	Volume	Updated
1	Binance	CAKE/USDT	$2.13	$104,700.67	$207,399.01	20,678,280	Recently
2	Binance	CAKE/BUSD	$1.23	$49,765.93	$62,187.54	117,828	Recently
3	Binance	CAKE/BTC	$2.13	$9,300.84	$22,314.48	230,031	Recently
4	KuCoin	CAKE/USDT	$2.13	$33,341.38	$75,520.86	727,287	Recently
5	Binance	CAKE/BNB	$2.14	$10,338.76	$23,913.02	53,931	Recently
6	Bithumb	CAKE/KRW	$2.22	$10,904.54	$3,077.45	199,947	Recently
7	PancakeSwap v2 (BSC)	CAKE/USDT	$2.76	-	-	190,373	Recently
8	PancakeSwap v2 (BSC)	CAKE/SQUAD	$2.13	-	-	0	Recently
9	PancakeSwap v2 (BSC)	CAKE/WBNB	$2.13	-	-	4,116,276	Recently
10	PancakeSwap v2 (BSC)	CAKE/BUSD	$2.13	-	-	160,360	Recently
1	Gate.io	CAKE/USDT	$2.13	-	-	2,102,693	Recently
2	MEXC	CAKE/USDT	$2.13	-	-	3,158,901	Recently
3	CoinEx	CAKE/USDT	$2.13	-	-	1,820,298	Recently
4	Bitrue	CAKE/USDT	$2.36	-	-	4,395,623	Recently
5	ApolloX	CAKE/USDT	$2.73	-	-	429,036	Recently
6	ApolloX	CAKE/BUSD	$1.69	-	-	10	Recently
7	XT.COM	CAKE/USDT	$2.13	-	-	31,743,823	Recently
8	Gate.io	CAKE/USDT	$1.26	-	-	11,857	Recently
9	MEXC	CAKE/USDT	$1.26	-	-	146,675	Recently
10	CoinEx	CAKE/USDT	$1.27	-	-	45,190	Recently
No data found

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PancakeSwap price history

Date	Open*	High	Low	Close**	Volume	Market Cap
Jan 20, 2025	$2.16	$2.33	$2.11	$2.15	$130,078,001	$624,751,117
Jan 19, 2025	$2.40	$2.47	$2.14	$2.16	$136,295,077	$638,167,227
Jan 18, 2025	$2.54	$2.60	$2.34	$2.40	$88,466,877	$708,742,570
Jan 17, 2025	$2.45	$2.56	$2.45	$2.54	$65,327,763	$751,013,917
Jan 16, 2025	$2.48	$2.49	$2.41	$2.45	$60,670,890	$713,595,277
Jan 15, 2025	$2.32	$2.48	$2.26	$2.48	$60,703,864	$722,726,165
Jan 14, 2025	$2.26	$2.33	$2.24	$2.32	$42,592,920	$676,548,729
Jan 13, 2025	$2.29	$2.33	$2.09	$2.26	$91,174,318	$658,927,321
Jan 12, 2025	$2.33	$2.33	$2.27	$2.29	$54,823,171	$669,633,659
Jan 11, 2025	$2.35	$2.37	$2.31	$2.33	$59,034,667	$679,504,700
Jan 10, 2025	$2.30	$2.39	$2.27	$2.35	$77,752,382	$684,637,809
Jan 9, 2025	$2.31	$2.36	$2.24	$2.30	$101,553,502	$671,297,506
Jan 8, 2025	$2.51	$2.54	$2.21	$2.31	$153,815,271	$675,009,792
Jan 7, 2025	$2.79	$2.79	$2.50	$2.51	$114,032,080	$731,605,230
Jan 6, 2025	$2.82	$2.90	$2.76	$2.79	$124,946,308	$813,212,231
Jan 5, 2025	$2.85	$2.85	$2.74	$2.82	$81,453,967	$838,354,997
Jan 4, 2025	$2.80	$2.92	$2.77	$2.85	$105,809,259	$847,137,462
Jan 3, 2025	$2.67	$2.80	$2.63	$2.80	$93,323,401	$832,502,019
Jan 2, 2025	$2.60	$2.72	$2.60	$2.67	$87,445,530	$777,234,466
Jan 1, 2025	$2.51	$2.62	$2.48	$2.60	$76,218,637	$757,803,227
Dec 31, 2024	$2.52	$2.57	$2.45	$2.51	$64,048,297	$729,720,934
Dec 30, 2024	$2.52	$2.59	$2.44	$2.52	$99,141,112	$734,405,168
Dec 29, 2024	$2.61	$2.65	$2.49	$2.52	$87,577,833	$733,318,891
Dec 28, 2024	$2.45	$2.71	$2.45	$2.61	$102,329,533	$761,068,423
Dec 27, 2024	$2.43	$2.53	$2.42	$2.45	$98,246,404	$715,076,300
Dec 26, 2024	$2.56	$2.58	$2.40	$2.43	$87,634,343	$708,609,794
Dec 25, 2024	$2.61	$2.68	$2.52	$2.56	$104,255,027	$745,048,717
Dec 24, 2024	$2.51	$2.63	$2.46	$2.61	$103,350,534	$759,747,050
Dec 23, 2024	$2.32	$2.56	$2.27	$2.51	$137,371,330	$730,704,045
Dec 22, 2024	$2.36	$2.41	$2.28	$2.32	$111,193,783	$689,192,378
Dec 21, 2024	$2.53	$2.65	$2.33	$2.36	$161,009,222	$698,772,770
Dec 20, 2024	$2.35	$2.55	$2.07	$2.53	$271,482,553	$745,110,270
Dec 19, 2024	$2.81	$2.83	$2.35	$2.35	$232,671,668	$680,626,492
Dec 18, 2024	$3.10	$3.11	$2.79	$2.81	$175,292,669	$811,548,745
Dec 17, 2024	$3.26	$3.31	$3.08	$3.10	$135,337,699	$897,043,283
Dec 16, 2024	$3.35	$3.42	$3.16	$3.26	$130,988,599	$941,887,809
Dec 15, 2024	$3.22	$3.37	$3.13	$3.35	$124,602,040	$969,281,886
Dec 14, 2024	$3.48	$3.52	$3.18	$3.22	$125,712,247	$930,357,959
Dec 13, 2024	$3.52	$3.57	$3.39	$3.48	$131,007,633	$1,003,760,958
Dec 12, 2024	$3.51	$3.72	$3.47	$3.52	$202,460,893	$1,016,456,062
Dec 11, 2024	$3.30	$3.59	$3.16	$3.51	$193,271,743	$1,011,583,077
Dec 10, 2024	$3.38	$3.54	$3.07	$3.30	$310,600,548	$948,928,892
Dec 9, 2024	$4.19	$4.20	$2.98	$3.38	$312,131,044	$971,498,054
Dec 8, 2024	$4.14	$4.36	$3.96	$4.19	$219,936,254	$1,227,932,133
Dec 7, 2024	$4.04	$4.24	$4.03	$4.14	$181,577,411	$1,213,640,303
Dec 6, 2024	$3.98	$4.21	$3.95	$4.04	$232,751,112	$1,184,032,198
Dec 5, 2024	$3.96	$4.16	$3.75	$3.97	$328,202,168	$1,140,681,961
Dec 4, 2024	$3.51	$4.44	$3.50	$3.96	$769,732,771	$1,135,297,330
Dec 3, 2024	$3.22	$3.55	$2.98	$3.51	$322,445,107	$1,003,540,041
Dec 2, 2024	$3.04	$3.22	$2.85	$3.22	$211,331,026	$921,241,905
Dec 1, 2024	$3.06	$3.08	$2.97	$3.04	$118,099,158	$868,992,134
Nov 30, 2024	$3.01	$3.12	$2.98	$3.06	$154,574,568	$874,544,367
Nov 29, 2024	$3.05	$3.08	$2.97	$3.01	$132,794,273	$859,377,196
Nov 28, 2024	$3.16	$3.26	$2.98	$3.05	$260,805,283	$871,307,987
Nov 27, 2024	$2.62	$3.22	$2.59	$3.16	$325,735,809	$900,382,501
Nov 26, 2024	$2.72	$2.82	$2.53	$2.62	$199,772,358	$745,258,083
Nov 25, 2024	$2.60	$3.16	$2.52	$2.72	$400,892,721	$773,680,157
Nov 24, 2024	$2.27	$2.73	$2.27	$2.60	$359,874,758	$752,878,009
Nov 23, 2024	$2.01	$2.32	$2.01	$2.27	$224,860,662	$655,433,015
Nov 22, 2024	$1.96	$2.01	$1.91	$2.01	$94,621,843	$580,931,698
Nov 21, 2024	$1.87	$1.97	$1.83	$1.96	$84,874,480	$555,417,181
Nov 20, 2024	$1.91	$1.94	$1.85	$1.87	$68,879,558	$528,561,259
Nov 19, 2024	$1.99	$1.99	$1.87	$1.91	$75,470,481	$539,438,177
Nov 18, 2024	$1.87	$1.99	$1.87	$1.99	$89,625,745	$558,900,354
Nov 17, 2024	$1.94	$1.98	$1.85	$1.87	$82,350,335	$527,662,950
Nov 16, 2024	$1.84	$1.95	$1.83	$1.94	$81,468,367	$546,116,174
Nov 15, 2024	$1.78	$1.84	$1.75	$1.84	$74,024,833	$516,516,716
Nov 14, 2024	$1.88	$1.96	$1.76	$1.78	$101,234,337	$499,355,021
Nov 13, 2024	$1.97	$1.97	$1.82	$1.88	$119,395,545	$525,723,755
Nov 12, 2024	$2.11	$2.17	$1.91	$1.97	$167,694,008	$550,062,286
Nov 11, 2024	$2.00	$2.11	$1.94	$2.11	$107,186,244	$590,147,944
Nov 10, 2024	$1.96	$2.07	$1.93	$2.00	$81,977,203	$567,504,858
Nov 9, 2024	$1.83	$1.98	$1.83	$1.95	$64,258,608	$553,727,182
Nov 8, 2024	$1.81	$1.87	$1.79	$1.83	$37,141,164	$519,779,586
Nov 7, 2024	$1.81	$1.87	$1.77	$1.81	$41,191,346	$504,089,782
Nov 6, 2024	$1.62	$1.81	$1.62	$1.81	$58,507,229	$501,053,603
Nov 5, 2024	$1.58	$1.64	$1.58	$1.62	$21,436,183	$448,610,442
Nov 4, 2024	$1.61	$1.64	$1.55	$1.58	$23,032,654	$437,784,049
Nov 3, 2024	$1.70	$1.71	$1.58	$1.61	$27,651,722	$446,799,075
Nov 2, 2024	$1.73	$1.75	$1.69	$1.70	$12,503,393	$471,676,313
Nov 1, 2024	$1.76	$1.79	$1.71	$1.73	$22,083,085	$477,403,821
Oct 31, 2024	$1.82	$1.82	$1.75	$1.76	$20,901,168	$487,083,102
Oct 30, 2024	$1.83	$1.84	$1.80	$1.82	$21,506,714	$503,415,631
Oct 29, 2024	$1.80	$1.86	$1.80	$1.83	$26,333,054	$506,224,338
Oct 28, 2024	$1.77	$1.81	$1.75	$1.80	$22,034,546	$497,267,133
Oct 27, 2024	$1.76	$1.79	$1.75	$1.77	$14,170,779	$499,074,855
Oct 26, 2024	$1.76	$1.78	$1.74	$1.76	$22,181,193	$495,166,935
Oct 25, 2024	$1.88	$1.91	$1.73	$1.76	$43,344,293	$494,432,718
Oct 24, 2024	$1.85	$1.89	$1.83	$1.88	$23,268,343	$518,750,012
Oct 23, 2024	$1.89	$1.90	$1.78	$1.83	$30,859,734	$505,023,625
Oct 22, 2024	$1.92	$1.94	$1.89	$1.89	$29,553,833	$521,718,912
Oct 21, 2024	$1.98	$2.01	$1.91	$1.92	$44,475,933	$528,661,928
Oct 20, 2024	$1.87	$1.98	$1.84	$1.98	$35,667,607	$544,577,276
Oct 19, 2024	$1.86	$1.89	$1.84	$1.87	$17,482,495	$513,162,529
Oct 18, 2024	$1.81	$1.87	$1.81	$1.86	$19,949,299	$512,111,703
Oct 17, 2024	$1.86	$1.87	$1.78	$1.81	$19,164,923	$497,132,258
Oct 16, 2024	$1.87	$1.88	$1.84	$1.86	$22,461,166	$510,182,563
Oct 15, 2024	$1.92	$1.92	$1.81	$1.87	$39,509,323	$514,050,562
Oct 14, 2024	$1.82	$1.92	$1.81	$1.92	$24,163,938	$525,471,674
Oct 13, 2024	$1.86	$1.87	$1.78	$1.82	$19,132,286	$510,396,323

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* Earliest data in range (UTC time)

** Latest data in range (UTC time)

About PancakeSwap

Resources

Official Website

Whitepaper

Community

Source Code

PancakeSwap news

https://bscscan.com/token/0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82, https://etherscan.io/token/0x152649eA73beAb28c5b49B26eb48f7EAD6d4c898, https://explorer.zksync.io/address/0x3a287a06c66f9e95a56327185ca2bdf5f031cecd, https://basescan.org/token/0x3055913c90fcc1a6ce9a358911721eeb942013a1, https://lineascan.build/token/0x0d1e753a25ebda689453309112904807625befbe

What is the PancakeSwap price today?

The CAKE price is currently $2.23. The price of PancakeSwap is -6.10% over the last 30 days. You can use the live PancakeSwap chart to track the CAKE/USD price in real time above, or compare the PancakeSwap value today to its past performance using the PancakeSwap price history tab at the top of this page.

What is the PancakeSwap price prediction for 2025?

PancakeSwap price predictions and forecasts are tricky, because crypto is such a fast-moving industry and new trends can explode very quickly.

However, you can use previous price trends, along with fundamental and technical analysis to make estimates about how PancakeSwap might perform in the future.

For example, if you look at overall market trends in previous years, compared with how the PancakeSwap price has risen or fallen in response, you can begin to understand how the PancakeSwap market reacts to external pressures.

Alongside the CAKE price chart and updates to the PancakeSwap technology, uptake, or development, these factors help you make a PancakeSwap price forecast for the next few months and years.

What is the total supply of CAKE?

The circulating supply is 290,031,318.63 CAKE, out of a total maximum supply of 450,000,000.00 CAKE.

What is the price prediction for PancakeSwap?

The average PancakeSwap price prediction values the coin at $2.10 by the end of 2025. Things like the economic climate and the crypto market as a whole can all have an impact on the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is PancakeSwap?

PancakeSwap is a decentralised exchange (DEX) that serves a key role in the world of decentralised finance (DeFi), processing hundreds of millions of dollars in cryptocurrency trades every day and serving millions of users.

Its cryptocurrency, CAKE, is primarily used to provide voting rights to token holders, so they can help make decisions regarding the development of PancakeSwap.

In addition, sticking with the sugary theme, CAKE can be staked for rewards on PancakeSwap in something called a SYRUP pool.

How does PancakeSwap work?

PancakeSwap uses liquidity pools rather than a traditional order book. Liquidity pools are separate digital groups filled with different cryptocurrency tokens. This means there are always tokens available to exchange, providing the liquidity needed for the platform to function effectively.

How is the PancakeSwap network secured?

Pancakeswap is secured by the blockchain that it runs on. CAKE uses a unique hybrid consensus algorithm called Proof of Staked Authority (PoSA) and is connected to the Binance Smart Chain.

Validators, who are other users on the network, are responsible for securing and verifying transactions. However, unlike Ethereum, which boasts over 70,000 validators, the BSC blockchain only supports 41 validators.

What is PancakeSwap used for?

The PancakeSwap platform has multiple uses, including trading, providing liquidity, and farming. It is an automated market maker, which means other users deposit funds into pools so that there is always liquidity for traders.

When you deposit your cryptocurrency into one of PancakeSwaps pools, you can later withdraw it and additional funds made up from trading fees.

Why does CAKE have value?

PancakeSwap is one of the most popular decentralised exchanges due to its low transaction fees, which are 0.2% rather than the industry standard of 0.3%. CAKE can also be staked and attracts high yields.

Who created PancakeSwap?

The platform was founded by an anonymous group of developers in September 2020. Unlike most DEXs, which are built on Ethereum (such as Uniswap), the developers opted for the Binance Smart Chain courtesy of its faster and cheaper transactions.

Where can I buy PancakeSwap?

You can buy PancakeSwap on either a centralised cryptocurrency exchange (CEX) or decentralized exchange (DEX), depending on its availability. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock trading platform.

Our guide on how & where to buy PancakeSwap explains step-by-step exactly how to get started with a reliable crypto exchange, or via one of the most popular decentralized exchanges.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in PancakeSwap?

The simplest way to invest in PancakeSwap is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any PancakeSwap alternatives?

There are lots of CAKE alternatives and if you want to learn more about a few similar coins, you can click the links below.

Huobi Token. Huobi Token is the native coin of the Huobi exchange.
Cronos. Cronos is a cryptocurrency that is part of the Crypto.com exchange
Binance Coin. BNB is the native coin of the Binance cryptocurrency platform

FAQs

Is PancakeSwap safe?

Has PancakeSwap been hacked?

James Knight

Editor of Education

James is the lead editor of education for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and… read more.

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