PancakeSwap
ATH / ATL
24h Price
24h summary
Over the last 24 hours, PancakeSwap moved from $1.4 to $1.38. The session high was $1.4, the low was $1.36, and the intraday range was $0.044 / 3.1%.
- 24h open
- $1.4
- 24h close
- $1.38
- 24h high
- $1.4
- 24h low
- $1.36
- Volatility / range
- $0.044 / 3.1%
- Updated
Monthly Returns heatmap
Heatmap summary
PancakeSwap posted 25 positive months out of 66. The longest positive streak lasted 4 months, while the longest negative streak lasted 8 months.
- Strongest month
- Apr 2021 +125.9%
- Weakest month
- May 2021 -56.1%
- Longest positive streak
- 4 Apr 2025 — Jul 2025
- Longest negative streak
- 8 Feb 2023 — Sep 2023
- Luckiest calendar month
- Mar • avg 28.3% • 6 mo.
- Unluckiest calendar month
- May • avg -17.9% • 6 mo.
Networks
Supported exchanges
About the coin
PancakeSwap is a decentralized exchange (DEX) that operates on the BNB Smart Chain, with support for tokens on other blockchains like Aptos and Ethereum. It is a key player in the decentralized finance (DeFi) ecosystem, offering a range of services to its users.
At its core, PancakeSwap functions as an automated market maker (AMM). This means it uses liquidity pools to facilitate trading, rather than relying on traditional order books found on centralized exchanges. Users can deposit pairs of tokens into these pools to earn rewards from trading fees.
The native utility token of the PancakeSwap platform is CAKE. CAKE plays a central role in the ecosystem, serving multiple purposes that incentivize user participation and platform governance.
One of the primary uses of CAKE is as a reward for liquidity providers. When users contribute assets to liquidity pools, they are often rewarded with CAKE tokens, in addition to a share of the trading fees generated by that pool.
CAKE can also be staked. Users can lock up their CAKE tokens in staking pools to earn further rewards. This mechanism helps to reduce the circulating supply of CAKE and encourages long-term holding.
Furthermore, CAKE is used in the platform's yield farming offerings. Users can stake specific token pairs to earn CAKE as a reward, providing an additional avenue for generating returns within the DeFi space.
Governance is another significant aspect of CAKE's utility. Holders of CAKE tokens can participate in the governance of PancakeSwap. This allows them to vote on proposals related to the platform's development, parameter changes, and future direction, giving the community a say in the DEX's evolution.
PancakeSwap also features a lottery system where users can purchase tickets using CAKE. The lottery offers a chance to win substantial CAKE rewards, adding an element of gamification to the platform.
Initial offerings, often referred to as IFOs, are another feature supported by CAKE. These events allow users to participate in the launch of new tokens by committing CAKE and other assets, providing early access to promising projects.
The CAKE token is available as a BEP-20 token on the BNB Smart Chain, with the contract address 0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82. It also exists as an ERC-20 token on the Ethereum blockchain (contract address: 0x152649ea73beab28c5b49b26eb48f7ead6d4c898) and as a token on the Aptos network (contract address: 0xad18575b0e51dd056e1e082223c0e014cbfe4b13bc55e92f450585884f4cf951).
The platform is designed to be user-friendly, aiming to make DeFi accessible to a broader audience. Its interface is intuitive, and it supports a wide array of tokens, making it a versatile choice for traders and investors in the cryptocurrency space.
PancakeSwap's ecosystem extends beyond simple token swapping. It includes features like prediction markets, NFT marketplaces, and yield optimizers, all designed to enhance the utility and engagement of its users.
The decentralized nature of PancakeSwap means that users retain control over their private keys and assets, aligning with the core principles of decentralization and self-custody in the blockchain space.
The continuous development and expansion of its features underscore PancakeSwap's commitment to innovation within the DeFi sector.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the CAKEUSDT market feed.
About Gygaz: Gygaz is a crypto transfer intelligence project focused on exchanges, assets and networks. We structure routing, support and market context so users can compare how crypto moves between platforms.