PancakeSwap Price CAKE
PancakeSwap (CAKE) is trading at $2.29 as of 13 Oct 2026, down 1.21% in the last 24 hours. Its market capitalisation is $757.92M, ranking #85 among all cryptocurrencies.
CAKE Price Forecast
Model confidence MediumAlgorithmic projection from 30-day drift & realized volatility (log-normal ±1σ bands), computed from 365-day daily closes. A statistical model, not a prediction or financial advice.
Smart Trade Setup
A rules-based plan built live from CAKE's technicals, key levels & volatility — algorithmic & educational, not financial advice.
This setup is generated algorithmically from current indicators and price structure. Crypto is highly volatile and unpredictable — this is educational information, not financial advice or a recommendation to trade. Always do your own research and never risk more than you can afford to lose.
CAKE Forecast & History Lab
Past performance and a forward statistical outlook — projection cone, seasonality and a strategy backtester.
Price Projection Cone
120 days history → 90-day statistical outlookDCA Backtest
weekly buys · last 12 monthsBacktest of past prices; forward figures are a statistical projection, not advice.
01 PancakeSwap Price Today
PancakeSwap (CAKE) is trading at $2.29, down 1.21% over the past 24 hours. With a market capitalisation of $757.92M, PancakeSwap ranks #85 among all cryptocurrencies. This snapshot reflects multi-source live data refreshed each cache cycle.
Performance
Scorecards
02 PancakeSwap Price Chart & Technical Analysis
PancakeSwap price history
| Month | Close | Change |
|---|---|---|
| Nov 2025 | $2.38 | — |
| Dec 2025 | $1.89 | -20.7% |
| Jan 2026 | $1.54 | -18.3% |
| Feb 2026 | $1.31 | -14.9% |
| Mar 2026 | $1.40 | +6.5% |
| Apr 2026 | $1.45 | +3.9% |
| May 2026 | $1.49 | +2.5% |
| Jun 2026 | $1.31 | -11.6% |
| Jul 2026 | $1.46 | +11.2% |
| Aug 2026 | $1.87 | +28.0% |
| Sep 2026 | $2.60 | +39.0% |
| Oct 2026 | $2.28 | -12.2% |
Month-end closing prices, last 12 months. Source: CoinGecko/Binance.
Recent price history (OHLC)
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Oct 13 | $2.27 | $2.30 | $2.26 | $2.28 |
| Oct 13 | $2.32 | $2.33 | $2.27 | $2.27 |
| Oct 13 | $2.31 | $2.34 | $2.31 | $2.32 |
| Oct 13 | $2.26 | $2.31 | $2.21 | $2.31 |
| Oct 12 | $2.31 | $2.32 | $2.26 | $2.26 |
| Oct 12 | $2.31 | $2.32 | $2.29 | $2.31 |
| Oct 12 | $2.36 | $2.37 | $2.31 | $2.31 |
| Oct 12 | $2.39 | $2.39 | $2.36 | $2.37 |
| Oct 12 | $2.38 | $2.44 | $2.38 | $2.39 |
| Oct 12 | $2.37 | $2.39 | $2.35 | $2.38 |
| Oct 11 | $2.31 | $2.37 | $2.31 | $2.37 |
| Oct 11 | $2.30 | $2.31 | $2.29 | $2.31 |
| Oct 11 | $2.25 | $2.31 | $2.24 | $2.30 |
| Oct 11 | $2.25 | $2.27 | $2.24 | $2.25 |
Technical analysis
Key levels
Cross-asset correlations (90-day)
Pearson correlation of daily returns over the last 90 days (CoinGecko).
03 PancakeSwap On-Chain & Network Activity
Live on-chain metrics — TVL, transactions and network activity — are surfaced for major chains and DeFi protocols. PancakeSwap does not yet have a keyless on-chain feed; coverage expands as open sources add support.
04 PancakeSwap Institutional & ETF Activity
The Institutional layer tracks spot ETF flows, public-company treasury holdings, and institutional ownership trends — the demand signals that increasingly set the marginal price for assets like PancakeSwap. This section is being wired to dedicated ETF and treasury data feeds; it will surface daily net flows, cumulative AUM, and the top corporate holders.
For ETF demand context now, see our ETF Flows dashboard and Treasury Holdings tracker.
05 PancakeSwap Derivatives & Futures
The Derivatives layer covers futures open interest, perpetual funding rates and 24h liquidations — the leverage picture behind CAKE's spot price. PancakeSwap has no major USDT-perpetual market on Binance, so live derivatives metrics are not available for this asset.
Live funding & liquidation dashboards: Funding Rates · Liquidations.
06 What Is PancakeSwap?
About PancakeSwap
PancakeSwap (CAKE) is a decentralized exchange (dex) cryptocurrency ranked #85 by market capitalisation. It has a capped maximum supply of 400,000,000 CAKE, of which 83% is already in circulation. CAKE currently trades about 94% below its all-time high of $43.96.
PancakeSwap is an automated market maker and decentralised exchange that launched on the BNB Chain in September 2020. It was among the first major decentralised exchanges to gain significant traction on BNB Chain, attracting users seeking lower transaction fees than those prevalent on Ethereum at the time. The protocol operates using liquidity pools, where users contribute token pairs and receive a share of trading fees proportional to their deposit. PancakeSwap has since expanded to support multiple blockchain networks and has added features including perpetual trading, prediction markets, a lottery, and an NFT marketplace, positioning itself as a multi-product decentralised finance platform.
CAKE is the native governance and utility token of PancakeSwap. It is emitted as a reward to liquidity providers and stakers, and the protocol uses a continuous buy-back-and-burn mechanism aimed at managing supply. CAKE holders can lock their tokens in the veCAKE model—a vote-escrowed system—to gain boosted yields, governance weight, and revenue sharing from certain protocol pools. PancakeSwap is governed by its community through on-chain and off-chain voting processes. As an emissions-based reward token, CAKE's economic model is sensitive to the balance between new issuance and burn rates, a dynamic that users should examine when assessing its long-term value.
Supply economics
- Circulating supply: 330,678,911 CAKE
- Max supply: 400,000,000 CAKE
- Issued to date: 82.7% of max supply
Regulatory status
Regulatory treatment of PancakeSwap varies by jurisdiction (US SEC, EU MiCA, UK FCA, Singapore MAS, Japan FSA, UAE VARA). The Market Periodical maintains per-jurisdiction status as part of our regulatory tracking. Always verify the current rules in your country before trading.
07 How to Buy PancakeSwap
Markets & exchanges
| Exchange | Pair | Price | Trust |
|---|---|---|---|
| BitDelta | CAKE/USDT | $2.54 | n/a |
| GroveX | CAKE/USDT | $2.55 | n/a |
| Binance | CAKE/USDT | $2.54 | n/a |
| BTCC | CAKE/USDT | $2.54 | n/a |
| Azbit | CAKE/USDT | $2.54 | n/a |
| PancakeSwap V3 (BSC) | 0X0E09FABB73BD3ADE0A17ECC321FD13A19E81CE82/0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C | $2.54 | n/a |
| OrangeX | CAKE/USDT | $2.54 | n/a |
| MEXC | CAKE/USDT | $2.54 | n/a |
Quick converter
Investment return calculator
Compare CAKE with peers
| Coin | Price | 24h | 7d | Market Cap |
|---|---|---|---|---|
| $83,502 | +0.74% | -3.80% | $1.68T | |
| $2,520.18 | -0.55% | -7.85% | $307.70B | |
| $0.999694 | +0.01% | 0.00% | $183.81B | |
| $744.78 | -0.36% | -5.67% | $99.17B | |
| $1.37 | -0.57% | -10.38% | $86.60B | |
| $1.00 | +0.00% | +0.11% | $74.04B | |
| $107.61 | -1.39% | -12.18% | $63.28B | |
| $0.327500 | -1.09% | -2.26% | $31.10B |
08 PancakeSwap Price Outlook & Sentiment
Risks
PancakeSwap is a volatile, high-risk asset. Prices can move sharply on liquidity, regulation, macro conditions, and shifts in sentiment. Position sizing and risk management matter more than any single forecast.
Risk disclaimer. This page is informational, not financial advice. Crypto assets are volatile and your capital is at risk. Always do your own research.
09 PancakeSwap FAQ & Related Coins
PancakeSwap FAQ
What is an automated market maker and how does PancakeSwap use one?
An automated market maker replaces the traditional order book by using liquidity pools and a mathematical formula to set prices. On PancakeSwap, users deposit pairs of tokens into pools; traders swap against these pools and pay fees, which are distributed to liquidity providers. The protocol calculates exchange rates algorithmically based on the ratio of assets in each pool.
What is the veCAKE model?
veCAKE is PancakeSwap's vote-escrowed token system. Users lock CAKE for a chosen duration to receive veCAKE, a non-transferable balance that determines governance voting power and yield boosts. Longer lock periods generate more veCAKE. The model is designed to align incentives by rewarding long-term participants with greater influence over protocol decisions and higher shares of certain fee revenues.
On which blockchains does PancakeSwap operate?
PancakeSwap launched on BNB Chain and has expanded to several additional networks, including Ethereum, Arbitrum, Base, zkSync Era, Linea, Polygon zkEVM, and others. The multi-chain strategy allows users on different networks to access PancakeSwap's exchange and liquidity-provision features without bridging assets to BNB Chain.
What are the key risks of holding or using CAKE?
CAKE is an emissions-based token, meaning new supply is continuously minted as rewards. If burn rates do not offset emissions, the supply expands and can dilute value. Smart contract risk is inherent in all DeFi protocols. Liquidity provision carries impermanent loss risk. CAKE's price is highly volatile and dependent on continued platform activity and the broader DeFi market cycle.
Is PancakeSwap a good investment?
PancakeSwap (CAKE) is a volatile, high-risk asset (ranked #85 by market capitalisation), currently trading at $2.29. Whether it suits you depends on your risk tolerance, time horizon and how it fits your wider portfolio. Never invest more than you can afford to lose. This is information, not financial advice.
PancakeSwap price prediction: what could CAKE be worth?
No one can reliably predict cryptocurrency prices. Its all-time high was $43.96, and CAKE now trades about 94% below that level. PancakeSwap's long-term value depends on adoption, liquidity, regulation and broad market cycles rather than any single forecast. Treat price targets you see elsewhere as speculation, not guarantees.
How do I buy PancakeSwap?
PancakeSwap (CAKE) can be bought on major cryptocurrency exchanges that list it. Compare fees, security and supported regions, verify your account, deposit funds, then place a buy order for CAKE. For larger holdings, consider moving coins to self-custody.
What determines the price of PancakeSwap?
The CAKE price is set by live supply and demand across exchanges, and moves with trading volume, liquidity, exchange flows, macro conditions, regulation and overall market sentiment.
Latest PancakeSwap news & analysis
Other coins
Data sources: CoinGecko, Binance, mempool.space, Alternative.me. Prices refresh each cache cycle. Last rendered 13 Oct 2026 16:10 UTC.
