PancakeSwap Price
CAKE · #99 by market cap
+0.48% 1h -0.72% 7d — 30d — 1y
Price data via CoinGecko API, refreshed every 60 seconds. Historical chart data daily-refreshed. See our methodology. Data & methodology reviewed by Maya Lin, Markets Editor · last editorial review Jun 2026.
PancakeSwap — key takeaways
- PancakeSwap (CAKE) trades at $1.31 and ranks #99 by market capitalisation, with a market cap of $501.47M.
- It is trading 97.0% below its all-time high of $43.96 set in April 2021, and 574% above its all-time low.
- CAKE is -7.05% over 30 days and -39.11% over the past year.
- Roughly 96% of the capped 400,000,000 CAKE maximum supply is now in circulation.
- 24-hour volume of $24.62M equals 4.9% of market cap — a moderate liquidity profile.
At-a-glance summary generated from live market data. Figures update each refresh cycle; not investment advice.
What’s moving PancakeSwap
PancakeSwap (CAKE) is trading at $1.31, -0.72%% over the past week and -7.05%% over the month, as of Jun 25, 2026. Below is the latest reporting and analysis on PancakeSwap from the DMC News desk.
→ PancakeSwap price prediction: 2026, 2027, 2030 & 2035 scenarios
All PancakeSwap news & analysis from our desk →
Technical snapshot
Derived from 365-day price history200d MA: $1.58
Indicators are for informational purposes only and do not constitute investment advice. Past performance does not guarantee future results.
CAKE weekly price chart (1 year)
-35.1% 1YEach candle is one week. The body spans the week's open and close (green when it closed higher, red when lower); the wick marks the weekly high and low. Data is real weekly OHLC from Binance (CAKE/USDT), with weekly USD volume below.
PancakeSwap price prediction 2026–2035
Model-basedOur quantitative model projects PancakeSwap (CAKE) price scenarios from its 85.3% annualised volatility and a downward -39% trailing 12-month trend, with expected returns decaying toward a long-run baseline as the asset matures. At today's price of $1.31, the base case points to roughly $1.30 by end of 2026 and $1.87 by 2035 (a bull case near $3.87, a bear case near $0.5999).
| Year | Bear | Base | Bull | Base ROI |
|---|---|---|---|---|
| 2026 | $0.9699 | $1.30 | $1.82 | 0% |
| 2027 | $0.7331 | $1.30 | $2.19 | -1% |
| 2028 | $0.5782 | $1.32 | $2.49 | +1% |
| 2029 | $0.4553 | $1.36 | $2.78 | +4% |
| 2030 | $0.4527 | $1.41 | $2.92 | +8% |
| 2035 | $0.5999 | $1.87 | $3.87 | +43% |
A prolonged risk-off market, weaker liquidity or coin-specific setbacks could press CAKE toward $0.5999 by 2035. Drawdowns of 50–80% are historically normal for crypto assets.
Steady adoption in line with the broader market puts CAKE near $1.87 by 2035 — about +43% versus today.
A strong cycle, accelerating demand or a structural catalyst could lift CAKE toward $3.87 by 2035, which would require reclaiming and exceeding its prior all-time high.
How this forecast is calculated
The projection is generated algorithmically from PancakeSwap's own price history — there is no human price target. We measure realised volatility from up to a year of the asset's own price history (daily where available, otherwise weekly) and anchor a base annual growth rate to recent momentum, then decay that rate toward a conservative long-run baseline (compounding compresses as an asset matures). Bear and bull bands widen with volatility scaled by the square root of the horizon, and the bear case is floored to remain realistic. Outputs are rounded scenario estimates, not guarantees.
Not financial advice. Cryptocurrency is highly volatile and these model-based scenarios can be wrong by a wide margin. Do your own research.
PancakeSwap price returns & market statistics
PancakeSwap (CAKE) trades at $1.31, ranked #99 by market capitalisation. The tables below summarise its performance across timeframes and its core supply and valuation metrics.
| Period | Change |
|---|---|
| 1 hour | +0.5% |
| 24 hours | -2.1% |
| 7 days | -0.7% |
| 30 days | -7.0% |
| 90 days | -6.1% |
| 1 year | -39.1% |
| From all-time high | -97.0% |
| From all-time low | +573.7% |
| Market cap | $501.47M #99 |
| Fully diluted valuation | $501.47M |
| 24h trading volume | $24.62M |
| Volume / market cap | 4.9% |
| Market dominance | 0.02% |
| Circulating supply | 382.80M CAKE 96% |
| Total supply | — |
| Max supply | 400.00M CAKE |
| All-time high | $43.96 Apr 30, 2021 |
| All-time low | $0.1944 Nov 3, 2020 |
Understanding PancakeSwap
What is PancakeSwap (CAKE)?
PancakeSwap (CAKE) is a cryptocurrency that trades as an alternative to Bitcoin and Ethereum, with its own network, use case and community. Like most digital assets, its price is driven by adoption, liquidity, broader market cycles and project-specific developments. As of June 2026, PancakeSwap is the #99 cryptocurrency by market capitalisation, trading near $1.31.
How does PancakeSwap work?
The project operates its own blockchain or token contract with a defined consensus or distribution model. Holders may use the token for fees, governance, staking or access to the network's services, depending on the design.
What drives the PancakeSwap price?
PancakeSwap's price reflects the balance of supply and demand. With a capped maximum supply of 400.00M CAKE (96% already circulating), scarcity is a structural part of the story — fresh demand has to compete for a limited float. On the demand side, the main forces are the broader crypto market cycle (assets tend to rise and fall together with Bitcoin and overall liquidity), real usage and adoption of the project, macro conditions such as interest rates and risk appetite, and project-specific catalysts like upgrades, listings, partnerships or regulation. At roughly 97% below its all-time high, a meaningful part of any bull case is simply recovering ground already proven possible.
Is PancakeSwap a good investment in 2026?
There is no one-size-fits-all answer. PancakeSwap offers exposure to a specific corner of the crypto market with its own adoption thesis, but every cryptocurrency carries real risk: prices are highly volatile, drawdowns of 50–80% are historically normal, and outcomes depend on execution, competition and an evolving regulatory landscape. A reasonable approach is to size any position to what you can afford to lose, treat the model-based scenarios above as illustrations rather than promises, and weigh PancakeSwap's fundamentals against alternatives. This is information, not financial advice.
ROI calculator
Hypothetical · educational onlyCalculations use historical end-of-day prices. Past performance is not indicative of future results. Cryptocurrency investments carry significant risk.
Where to trade PancakeSwap
10 exchanges · sorted by volume| # | Exchange | Pair | Price | |
|---|---|---|---|---|
| 1 | HTX | CAKE/USDT | $1.35 | Trade ↗ |
| 2 | BitDelta | CAKE/USDT | $1.35 | Trade ↗ |
| 3 | Biconomy.com | CAKE/USDT | $1.35 | Trade ↗ |
| 4 | WhiteBIT | CAKE/USDT | $1.35 | Trade ↗ |
| 5 | Binance | CAKE/USDT | $1.35 | Trade ↗ |
| 6 | PancakeSwap V3 (BSC) | 0X0E09FABB73BD3ADE0A17ECC321FD13A19E81CE82/0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C | $1.35 | Trade ↗ |
| 7 | Azbit | CAKE/USDT | $1.35 | Trade ↗ |
| 8 | BitMart | CAKE/USDT | $1.35 | Trade ↗ |
| 9 | BTCC | CAKE/USDT | $1.35 | Trade ↗ |
| 10 | Tokpie | CAKE/USDT | $1.35 | Trade ↗ |
Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.
Other major cryptocurrencies
Top 9 by market cap
BTC
Bitcoin
#1
ETH
Ethereum
#2
USDT
Tether
#3
BNB
BNB
#4
USDC
USDC
#5
XRP
XRP
#6
SOL
Solana
#7
TRX
TRON
#8
FIGR_HELOC
Figure Heloc
#9
Live market data, refreshed continuously. Click any coin to view its full profile.
Compared to peers
Normalised · max = 100
PancakeSwap
CAKE
Ethereum
ETH
Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.
Tokenomics & supply
Max supply: 400,000,000 CAKE- Circulating 382,801,579 CAKE 95.7%
- Yet to be issued 17,198,421 CAKE 4.3%
Capped supply — no further issuance possible above 400,000,000 CAKE.
PancakeSwap price analysis
At $1.31, PancakeSwap (CAKE) is currently deep in a drawdown from its all-time high. That is 97.0% below the record high of $43.96, and roughly 574% above the all-time low of $0.1944.
Momentum-wise, CAKE has drifted lower over the past month (-0.72% (7d), -7.05% (30d), -39.11% (1y)). With 24-hour volume at 4.9% of market cap, turnover is moderate. Crypto prices are highly volatile; these readings describe recent history, not a forecast.
What drives the price of PancakeSwap?
Demand for CAKE reflects adoption of its underlying network and use case, exchange availability, and the project's ability to ship and retain users.
Because the supply of PancakeSwap is hard-capped at 400,000,000 CAKE, the scarcity narrative — fewer new tokens entering circulation over time — is a core part of its investment thesis.
Like nearly all crypto assets, CAKE also trades with a strong correlation to Bitcoin and to overall risk appetite. Macro liquidity, US-dollar strength, interest-rate expectations, regulatory headlines and new exchange listings can all move the price independently of project fundamentals.
Risks & considerations
- High volatility. PancakeSwap can gain or lose a large share of its value in a short time. Over the past year alone CAKE has moved about 39%.
- Regulatory uncertainty. Crypto rules differ by jurisdiction and continue to evolve, which can affect availability, liquidity and price.
- Not advice. Only allocate capital you can afford to lose, and consider consulting a licensed financial adviser. Nothing on this page is personalised investment advice.
About PancakeSwap
PancakeSwap (CAKE) is a cryptocurrency. It currently trades at $1.31, with a 24-hour trading volume of $24.62M and a market capitalisation of $501.47M, placing it at rank #99.
Frequently asked questions about PancakeSwap
What is PancakeSwap (CAKE)?
PancakeSwap (CAKE) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks #99 among all cryptocurrencies by total market value. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.
How does PancakeSwap work?
PancakeSwap is a decentralised cryptocurrency with transactions recorded on a public blockchain. The exact consensus mechanism and economic policy are defined in the protocol underlying codebase — refer to the project website for technical details.
How much PancakeSwap is in circulation?
There are currently 382,801,579 CAKE in circulation out of a maximum supply of 400,000,000, meaning approximately 95.7% of the total CAKE that will ever exist has been issued. New tokens enter circulation through the protocol's pre-defined emission schedule.
What is the all-time high price of PancakeSwap?
PancakeSwap reached an all-time high of $43.96 on April 30, 2021. Currently the price sits 97% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.
How can I buy PancakeSwap?
PancakeSwap (CAKE) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their CAKE to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.
Is PancakeSwap a good investment?
Cryptocurrencies, including PancakeSwap, are highly volatile and carry significant risk of loss. Whether PancakeSwap is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.
How is PancakeSwap different from Bitcoin?
Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. PancakeSwap (CAKE) focuses on different design goals, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while PancakeSwap's value is tied to adoption within its specific use case and underlying network effects.
What is the market cap of PancakeSwap?
PancakeSwap (CAKE) has a market capitalisation of approximately $501.47M, which ranks it #99 among all cryptocurrencies. Market cap is calculated as the circulating supply multiplied by the current price and is the most common way to compare the relative size of cryptocurrencies. It updates continuously as the price moves.
What determines the price of PancakeSwap?
The price of PancakeSwap (CAKE) is set continuously by supply and demand across global exchanges. The main factors are its circulating and maximum supply, trading volume and liquidity, overall crypto-market sentiment, its correlation with Bitcoin, regulatory developments, and real adoption of the underlying network. Because the market trades 24 hours a day, the price can change at any moment.
What is the PancakeSwap price prediction?
No one can reliably predict the future price of PancakeSwap or any cryptocurrency. Where sufficient history is available, this page shows a model-based forecast range derived from historical volatility and trend — it should be read as a scenario illustration, not a target or a promise. Crypto prices are highly volatile and shaped by events no model can foresee, so always do your own research and never invest more than you can afford to lose.
Is PancakeSwap safe?
"Safe" depends on two separate things: how you hold PancakeSwap (CAKE), and price risk. For custody, use reputable exchanges and consider a self-custody hardware wallet for larger amounts, and never share your private keys or seed phrase. For price, every cryptocurrency is volatile and can lose value quickly, so only commit capital you can afford to lose. Being listed on major exchanges is not an endorsement or a guarantee against loss.
Can I stake PancakeSwap?
Whether PancakeSwap can be staked depends on its consensus mechanism. Proof-of-Stake networks let holders lock CAKE — by running a validator or delegating to one — to help secure the network and earn rewards. Check PancakeSwap's underlying technology first, use only reputable providers, and be aware that staked funds can face lock-up periods and, on some networks, slashing penalties.