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CAKE

CAKE PancakeSwap73

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$ 2.06 -$0.0344 -1.67%
Data updated at 2026-10-30 02:08 (UTC+8)

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All Newsflash Article
  • What was the CAKE issuance price? A look back at PancakeSwap's token issuance price.

    CAKE is the governance and incentive token issued by the decentralized exchange PancakeSwap on the BNB Chain. The project launched in September 2020, and public market data platforms indicate that the CAKE token was first detected trading at approximately $0.3497. After years of development and adjustments to its deflationary model, CAKE has become central to the ecosystem, maintaining a significant market capitalization and trading volume within the decentralized exchange sector.

  • IFO Concept Analysis: A New Paradigm for DeFi Fundraising and Its Representative Tokens

    IFO (Initial Farm Offering) is a decentralized fundraising mechanism that allows users to acquire new project tokens by providing liquidity to DEXs. This article details how IFOs work, key platforms (such as PancakeSwap), and their evolution, and lists representative tokens historically launched through this model, offering readers a clear perspective on this DeFi innovation.

  • HVI Coin: Current Status, Trading, and Risk Warning for Hungarian Vizsla Inu Token

    HVI Coin, or Hungarian Vizsla Inu Token, is a BEP20 token on the Binance Smart Chain designed to support stray dog shelters through transaction fees. The project features a public team and a development roadmap, but its trading activity is extremely low. As of October 19, 2026, HVI Coin's 24-hour trading volume is only a few dollars, with a market capitalization of approximately $73,000 and a very low price. Investors must fully understand its high-risk nature before considering trading.

  • CAKE Token: Issue Price and Total Supply Analysis

    CAKE, the native token of the PancakeSwap platform, was first issued on September 18, 2020, with an initial offering price of $0.4. Its total supply has undergone multiple significant adjustments, from an initial uncapped supply to 750 million in 2021, and finally locked at a maximum supply of 450 million through a community vote in 2025. As of October 2026, CAKE's total supply is approximately 329 million to 331 million, with a circulating supply of about 320 million.

  • PancakeSwap (CAKE) Technical Upgrade Analysis and Market Impact

    PancakeSwap, as a leading decentralized exchange, has continuously advanced its technological iterations in recent years, including V3/V4 (Infinity) upgrades, cross-chain expansion, and adjustments to its deflationary tokenomics model. These upgrades aim to enhance capital efficiency, reduce Gas costs, and improve user experience. While technological advancements are generally considered positive factors for a project's long-term development, token prices are influenced by multiple factors such as overall market sentiment and the competitive landscape. This article outlines PancakeSwap's key technological upgrade path and its potential impact on the ecosystem and the CAKE token.

  • PancakeSwap Global Partnership Network: Multichain Expansion and Ecosystem Influence

    PancakeSwap, a leading decentralized exchange, is actively expanding its global reach through multi-chain deployment and a strategic partnership network. The platform has extended its swap and farm infrastructure to 10 blockchains, including Solana, and integrated Real World Assets (RWA). Through collaborations with partners like Binance Wallet and Google Cloud, PancakeSwap continuously optimizes user experience, drives DeFi innovation, and is committed to the deflationary mechanism of the CAKE token economy.

  • PancakeSwap's DAO Governance Mechanism and Latest Developments

    PancakeSwap, as a leading decentralized exchange, bases its core governance model on voting by CAKE token holders. This article analyzes the evolution of its governance structure, from the initial veCAKE voting power model to the simplified "1 CAKE = 1 vote" after the Tokenomics 3.0 update in 2025. Concurrently, the article focuses on the recently debated "The Flip" proposal, which aims to significantly reduce the daily CAKE emission and allocate more trading fees to liquidity providers, reflecting the critical role of decentralized governance in balancing various interests and promoting the sustainable development of the protocol.

  • CAKE Token Analysis: The Current State of PancakeSwap's Core Functional Token

    CAKE is the native utility and governance token of the decentralized exchange PancakeSwap. The platform, initially launched on the BNB Smart Chain in 2020, rapidly gained prominence due to its low transaction fees and has since expanded to multiple networks including Ethereum and Solana. CAKE employs a deflationary economic model, reducing its circulating supply through burning mechanisms. While the platform recently saw record-high trading volumes, it also exposed security risks within its liquidity pools. This article will outline CAKE's fundamental mechanisms, recent key data, and market performance.

  • In-depth Analysis of CAKE Token Market Capitalization Trends: PancakeSwap Ecosystem and Deflationary Mechanism

    PancakeSwap's core governance token, CAKE, is demonstrating its market capitalization trend through ecosystem expansion, multi-chain deployment, and a continuous token burn mechanism. As of October 8, 2026, CAKE's market capitalization ranges from approximately $707 million to $1.04 billion, with a circulating supply of about 318 million to 375 million tokens. The project has expanded from the BNB Chain to multi-chain DeFi, launching AI tools and the Infinity architecture upgrade, aiming to reduce Gas fees and improve efficiency. Ongoing CAKE burns have led to a net reduction in supply, reinforcing its deflationary expectations. Its user base has surpassed 200 million, and a recent successful fundraising round of $50 million indicates strong market demand and development potential.

  • CAKE Token: An Analysis and Investment Consideration of PancakeSwap's Core Ecosystem Token

    CAKE is the native token of PancakeSwap, a decentralized exchange (DEX) initially based on the BNB Smart Chain and now expanded to multiple blockchains. The CAKE token plays a crucial role in platform governance, staking, liquidity mining, and exclusive features. Its tokenomics model has undergone several updates, aiming for deflation. This article will delve into CAKE's uses, tokenomics model, market performance, and potential investment value and risks, helping readers gain a comprehensive understanding of this DeFi asset.

About CAKE

CAKE is the platform token of PancakeSwap, one of the largest decentralized exchanges (DEXs) operating on the BNB Chain. PancakeSwap utilizes an automated market maker (AMM) model, which allows users to trade digital assets without the need for traditional order books. The platform has also expanded its operations to include multiple public blockchains, enhancing its accessibility and reach within the broader DeFi ecosystem.

Users on PancakeSwap can engage in various activities, including swapping tokens, providing liquidity to earn fees, and participating in yield farming to earn CAKE rewards. The platform also offers features such as lotteries and Initial Farm Offerings (IFOs), providing additional avenues for user engagement and potential returns. CAKE serves as the primary utility token within this ecosystem.

CAKE's core functions include rewarding liquidity providers for their contributions to the platform's liquidity pools, enabling staking opportunities for users to earn passive income, and facilitating governance decisions, allowing token holders to vote on key proposals and future developments. To manage its supply and maintain value, CAKE also incorporates a burning mechanism, which periodically removes tokens from circulation. This multifaceted utility underscores CAKE's integral role in the PancakeSwap decentralized finance environment.

CAKE Data

Market Cap$713.16M
24H Turnover$35.15M
24H Volume16.91M
24H Range5.11%
24H High$2.13
24H Low$2.03
Prev Open (UTC)$2.07
Prev Close (UTC)$2.12
All-Time High$44.18-95.3%
All-Time Low$0.0002318
Circ. Supply346.06M
Total Supply400.00M
Circulation Ratio86.52%