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PancakeSwap (CAKE) price

#88 in the top 100DeFi
$1.81−3.01%

Data as of November 11, 2026, 02:11 UTC+3, the price refreshes on the page

PancakeSwap (CAKE) is the token of PancakeSwap, a decentralized exchange launched on BNB Chain.

Market cap
$573.6M
24h volume
$40.3M
Volume / market cap
7.03%
Fully diluted value
$594.4M
Circulating supply
317.6 M CAKE
Total supply
329.1 M CAKE
Max supply
400.0 M CAKE
24h range
$1.77 … $1.87
All-time high
$43.96April 30, 2021
PancakeSwap chart
$2.04$1.78
1 hour−0.05%
24 hours−3.01%
7 days−4.74%
30 days−22.14%
1 year−28.62%
Price in US dollars, data from CoinGecko

Analytics

What the numbers say about how the coin behaves. Based on hourly prices over 7 days and data as of November 11, 2026, 02:11 UTC+3.

Volatility

65%moderate

1.4× higher than Bitcoin over the same week.

Link to Bitcoin

0.83strong

Moves almost in step with Bitcoin. When Bitcoin moves 1%, CAKE moves 1.2% on average.

From the all-time high

−95.89%far below

The high of $43.96 was set on April 30, 2021.

Liquidity

7.0%high

A day’s trading equals 7.0% of market cap. Actively traded, easy to buy or sell.

Supply issued

79%most

79.4% of the max supply is out.

Place in the week’s range

12%near the bottom

The week ranged from $1.78 to $2.04, with a max drawdown of −12.76%.

Market share

0.02%small

Share of the top-100 market cap.

What is PancakeSwap

PancakeSwap (CAKE) is the token of PancakeSwap, a decentralized exchange (DEX) that launched in September 2020 on Binance Smart Chain, now called BNB Chain. The developers are anonymous and go by “chefs”, and the exchange follows the Uniswap model. PancakeSwap later expanded to Ethereum, Arbitrum, Base, Solana, Aptos and other networks, while the main CAKE contract still lives on BNB Chain.

Trades run through liquidity pools: users deposit token pairs, earn a share of the fees and can stake their pool positions in farms to earn CAKE on top. Alongside v2 and v3 there is a modular version called Infinity, where pools can plug in hooks, custom logic such as dynamic fees. New CAKE is issued daily as rewards, while part of the fees from spot and perpetual trading, the lottery and the CAKE.PAD launchpad goes to burning tokens. The maximum supply has been cut twice by community vote, in December 2023 and January 2026, and the Tokenomics 3.0 update in April 2025 scrapped the veCAKE locking model and reduced daily issuance.

CAKE is staked in Syrup Pools to earn other tokens, spent in the lottery and used in community votes. You do not need CAKE to swap: fees are paid in the tokens being traded. Unlike UNI, which mainly serves governance, CAKE started out as a reward for liquidity providers and the in-house currency of the services built around the exchange.

What it’s used for

  • rewards for providing liquidity in farms
  • staking in Syrup Pools to earn other tokens
  • playing the PancakeSwap lottery
  • voting on protocol changes

Risks

  • the balance between issuance and burns: if trading volume falls, burns may not cover daily emissions
  • the team is anonymous, and major tokenomics changes are proposed by the team itself
  • technical risk: bugs in smart contracts, Infinity hooks or cross-chain bridges could lead to lost funds

Contract addresses

Check the contract address before you buy or send: fake tokens copy the name and ticker, but their address is different.

NetworkContractOpen
Ethereum (ERC-20)0x152649ea73beab28c5b49b26eb48f7ead6d4c898Open
BNB Smart Chain (BEP-20)0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82Open
Solana (SPL)4qQeZ5LwSz6HuupUu8jCtgXyW1mYQcNbFAW1sWZp89HLOpen
Base0x3055913c90fcc1a6ce9a358911721eeb942013a1Open
More networks: 6
NetworkContractOpen
Arbitrum One0x1b896893dfc86bb67cf57767298b9073d2c1ba2cOpen
Aptos0x159df6b7689437016108a019fd5bef736bac692b6d4a1f10c941f6fbb9a74ca6::oft::CakeOFT
Linea0x0d1e753a25ebda689453309112904807625befbeOpen
Opbnb0x2779106e4f4a8a28d77a24c18283651a2ae22d1c
Polygon Zkevm0x0d1e753a25ebda689453309112904807625befbe
zkSync Era0x3a287a06c66f9e95a56327185ca2bdf5f031cecd

Check a CAKE address before the deal

mexm AML shows where the coins came from: scams, darknet, mixers, sanctions. Networks: Ethereum (ERC-20). First check free.

Check an address

Questions

How much is PancakeSwap worth today?

As of November 11, 2026, PancakeSwap trades at $1.81. Over 24 hours the price moved −3.01%, over 7 days −4.74%. The price on this page refreshes automatically.

How many CAKE are in circulation?

317.6 M CAKE are in circulation. Max supply is 400.0 M CAKE, so 79.4% has been issued. The fully diluted value of all coins is $594.4M.

What is the PancakeSwap all-time high?

The all-time high of $43.96 was set on April 30, 2021. The price is now 95.89% below it. The all-time low was $0.1944 (November 3, 2020).

Do you need CAKE to trade on PancakeSwap?

No. Traders pay the pool fee in the tokens they swap plus network gas. CAKE is used for farming, Syrup Pools, the lottery and voting.

How is CAKE burned?

Burns come from part of the spot trading fees, part of the profits from perpetual trading, a share of the CAKE played in the lottery and the CAKE.PAD launchpad fees. Burned tokens are sent to a dedicated address on BNB Chain, and the total can be checked on the BscScan explorer.

How do I check a CAKE address for AML risk?

Open @AMLmexmBot, pick the network (Ethereum (ERC-20)) and send a wallet address or a transaction hash. The bot shows the risk score in percent and where the funds came from. Your first check is free.

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Prices and analytics are for information only and are not investment advice. Market data source: CoinGecko.