Cake defi vs pancakeswap Learn how PancakeSwap reduces the total supply of CAKE through strategic burns and the pursuit of ultrasound CAKE. In this article, we examine what makes three of the most popular DEXs (Uniswap, SushiSwap, and PancakeSwap) special and compare their key features. Within the week, the price of CAKE in USD had the largest 24-hour price movement on Thursday (3 days ago) by -$0. Feb 6, 2021 · PancakeSwap is a decentralized cryptocurrency exchange (DEX) built on Binance Smart Chain (BSC), powered by the BEP-20 Pancake token (CAKE). Let’s start swapping! 1. Jun 28, 2024 · Decentralized exchanges (DEXs) operating as Automated Market Makers (AMMs) are the most significant decentralized finance (DeFi) platforms in existence. 26 million; Optimism: $40 million; Celo: $836k; Pancakeswap. CAKE acts as both the governance token as well as the rewards and utility token of the PancakeSwap exchange. However, the first-mover advantage PancakeSwap vs. Trade, earn, and own crypto on the all-in-one multichain DEX PancakeSwap has seen a lot of interest in recent weeks. Users can get their hands on CAKE by either providing liquidity, staking or buying them on an exchange (the staking option allows holders to 3 days ago · The daily exchange rate of PancakeSwap (CAKE) to USD fluctuated between a high of $1. It caters to both beginner and experienced users, offering a user-friendly interface and innovative features like AMM with limit orders. 05%, 0. Trading fees are lower than other top decentralized exchanges too, so that's a double win for you! May 10, 2022 · But PancakeSwap has a massive selection of DeFi cropping alternatives. 103071 ( 5. Feb 10, 2025 · PancakeSwap continues to evolve, with roadmap objectives focusing on cross-chain (veCAKE) integrations, V4, and advanced DeFi tools. 101% of the CAKE total supply for June 2024. Uniswap: Top DEXs Compared PancakeSwap Native Token — CAKE. We update our CAKE to USD price in real-time. Just look at the many PancakeSwap Farms accessible today. Ethereum blockchain: $3. Trade, earn, and own crypto on the all-in-one multichain DEX Now for sure Pancakeswap is much bigger and rapidly evolving compared to CaKeDeFi but I kinda like it, that Julian Hosp (founder of CaKe DeFi) is so open minded and communicative towards its project, I also watch his informative crypto videos with pleasure. Mar 15, 2024 · PancakeSwap's journey began with a simple AMM model and has evolved into a leading multichain DEX offering a suite of DeFi products. It’s perfect for staking CAKE or trying features like prediction markets and lotteries. 58% in the last 24 hours. ферма CAKE-BNB 0. 63 USD with a 24-hour trading volume of $56,352,613. Para estratégias avançadas, o trade de perpétuos permite operações alavancadas de até 250x , ideal para quem quer explorar o potencial máximo de ganhos sem PancakeSwap runs on BNB Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. ) CAKE single asset pool: 200% (of this percentage, your CAKE APY is 55%, and your WHEAT rewards on top of that are 145%) I've been really impressed with Wheat farms. Cake is Pancake swap which is a dEX or decentralized EXchange where you can convert their menu of coins into other coins for liquidity mining, albeit with coins developed by unknown individuals which subject you to the risk of a rug pull. 01%, 0. 25% The live PancakeSwap price today is $1. Users can earn CAKE tokens through yield farming, staking, and participating in Initial Farm Offerings (IFOs). 1 billion; Polygon: $92. 76 billion in the summer of 2021, a figure that highlights not just the rapid growth in the popularity of PancakeSwap and similar platforms like BakerySwap, but the viability of BSC as a DeFi-ready blockchain network. 98 on Monday and a low of $1. Feb 4, 2023 · CAKE token. 19 billion Mar 22, 2025 · In this blog, we will explore two popular DeFi Exchanges, Uniswap and PancakeSwap, their working, what makes them unique, a comparison of Uniswap vs. However, with rising Ethereum transaction fees and network congestion, a serious automated market maker (AMM) competitor was bound to emerge. Oct 30, 2021 · PancakeSwap is a DEX on BNB Smart Chain that supports low fees and fast transactions. PancakeSwap's price is up 8. Flip CAKE, collect SYRUP and stake them with Pancake Swap, the best decentralized exchange on Binance Smart Chain. Jan 15, 2025 · When examining CAKE, the native token of PancakeSwap, in comparison to SUSHI, the native token of SushiSwap, distinct differences emerge in their decentralized finance (DeFi) ecosystems, incentivization structures, and user experience. Der PancakeSwap-Preis heute liegt bei €1. There have been several attempts to copy the #1 AMM on Ethereum. PancakeSwap’s innovative lottery system offers substantial CAKE token rewards while ensuring fairness and accessibility. Essentially a clone of Uniswap, PancakeSwap provides a very similar user experience to Uniswap. 10) make it great for small transactions. 🍒 CEX vs DEX: How Crypto Exchanges Differ العربية বাংলা English Deutsch Ελληνικά Español Suomalainen Filipino Français हिंदी Magyar Bahasa Indonesia Italiano 日本語 한국어 Nederlands Polski Português (Brazil) Português Română Русский Svenska தமிழ் Türkçe Українська Tiếng Việt 简体中文 繁體中文 Apr 1, 2025 · Total Value Locked (TVL): Uniswap vs Pancakeswap Uniswap. The CAKE token is one of several tokens used within the PancakeSwap protocol and made available for token swaps. Binance smart chain: $2. 22 billion. CAKE holders can vote on governance decisions, claim discounts on trading fees in perpetual futures, gain access to IFOs, purchase lottery tickets, etc. What is Uniswap? Uniswap is a decentralized exchange (DEX) built on the Ethereum network that allows users to exchange or trade their crypto assets without any third-party Nov 21, 2024 · PancakeSwap Token (CAKE) PancakeSwap has a native governance token called CAKE. Its fun, beginner-friendly design and super low fees on Binance Smart Chain (usually under $0. Feb 26, 2024 · PancakeSwap is a feature-rich DeFi platform with low fees, diverse features like staking and NFTs, and a commitment to security and transparency. Now you have LP tokens, you can take advantage of your holding by depositing them in a “farm” to earn CAKE tokens – the native cryptocurrency of the PancakeSwap platform. 21 USD. CAKE token. CAKE-BNB: 240% (of this percentage, your underlying LP auto-compounded APY is 86%, and your WHEAT rewards are 153%. The platform's commitment to continuous improvement ensures its relevance in the rapidly changing cryptocurrency ecosystem. . 77 on Sunday in the last 7 days. Utility. Beyond simple token swaps, PancakeSwap offers various DeFi applications such as lotteries, prediction markets, NFT launches, and Initial Farm Offerings (IFO), providing users with numerous ways to earn and engage with the platform. Nov 28, 2024 · No Spot Trading da PancakeSwap, você compra e vende tokens BEP-20 como ETH, BNB e CAKE diretamente na plataforma, sempre pela taxa de mercado do momento – simples e imediato. CAKE is PancakeSwap's base asset, which doubles as a governance token, as well as provides farming and staking functionalities. Apr 3, 2023 · PancakeSwap v3 brings four different trading fee tiers (0. PancakeSwap released their V2 update in May 2022, which is sure to be a boon for Token Holders. Wir aktualisieren unseren CAKE-zu-EUR-Kurs in Echtzeit. 77 as of 4/8/2025, with a 24-hour trading volume of $99,615,817. 25%, and 1%), which represent a substantial drop—up to 25 times lower—compared to v2. Apr 21, 2022 · Farming on PancakeSwap. 5 days ago · If you’re new to DeFi, PancakeSwap is a solid choice. Its modular architecture, customizable features, and gas optimization techniques offer users a more efficient, flexible, and rewarding experience. The live PancakeSwap price today is $1. The total value locked on pancakeswap defi is $2. Traders and liquidity providers (LPs) can benefit by choosing between the four trading fee rates when they swap or provide liquidity. Users can participate for approximately $5 USD in CAKE tokens per ticket. 4% ). PancakeSwap, and more. The purchase limit is 100 tickets per transaction, but there is no overall cap on entries. 53 EUR mit einem 24-Stunden-Handelsvolumen von €45,041,468. CAKE, or PancakeSwap token, is a dynamic Oct 21, 2021 · The total value locked (TVL) on PancakeSwap rose to $3. The total value Locked on uniswap Defi is $3. 23 million; Arbitrum: $76. Aug 30, 2023 · Our June 2024 report explores the CAKE token supply management world on PancakeSwap. PancakeSwap v4 represents a significant milestone in the evolution of DeFi protocols. This update includes a cap on the maximum total supply of CAKE at 750 million. 42 EUR. 31 billion. CAKE Total Supply Reduction: As of July 3rd, 2024, PancakeSwap has successfully burned -0. PancakeSwap’s native token is used to incentivize users and rewards them for providing liquidity to the platform. They have the highest APYs because of their multi-layer setup. PancakeSwap also includes additional features like an NFT marketplace and a lottery. oclgnsg ysvlsh mei wunkv ozccpnj uyvvrh ddngpm zqnpm hgvni wcdz slybqt aybfclbf wes emnxzc klrhzj