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PancakeSwap CAKE |
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$1.81 |
-2.5% (24h) |
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Marketcap |
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$523,710,913 |
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Volume 24h |
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$49,770,961 |
Description
PancakeSwap (CAKE) is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC), offering fast and low-cost token trading. Launched in 2020, PancakeSwap allows users to trade BEP-20 tokens, provide liquidity, and earn rewards through various yield farming and staking opportunities. CAKE, the platform's native token, is used for governance, staking, and participating in the platform's lottery and prediction markets. PancakeSwap has become one of the most popular DEXs in the Binance Smart Chain ecosystem, offering a wide range of DeFi services to users.