PancakeSwap
CAKE Rank #89Live price · multi-source dashboard ·
PancakeSwap (CAKE) is trading at $2.21. 24-hour change +0.46%; market cap $762.50M; circulating supply 345,649,337 CAKE. Data as of 2026-10-10 17:11 UTC.
PancakeSwap — key facts
- Price
- $2.21
- 24h change
- +0.46%
- Market cap
- $762.50M
- Market rank
- #89
- 24h volume
- $34.14M
- Circ. supply
- 345,649,337 CAKE
- From all-time high
- -95.0%
- Last updated
How does it score on momentum, value and risk?
Derived metrics composed from multi-horizon data
Composite of 24h/7d/30d/90d/1y returns weighted toward longer horizons.
24h volume / market cap = 4.477%.
Annualized std-dev of daily log returns.
% of all-time high currently held.
Multiple over 52-week low. Log scale.
Across the grid, PancakeSwap has gained 0.46% in the past 24 hours; the 7-day reading is 30.80% higher and the 30-day stands 60.60% higher. Over the trailing 365 days, the asset has delivered gains of 0.00%, with a mixed multi-horizon profile and no clear directional bias.
The asset currently trades 95.0% below its all-time high — a deep drawdown in which momentum and liquidity flows have, historically, driven price more than any pull back toward the mean. 30-day realized volatility sits at 71% annualized — high territory for a crypto asset of this size.
On the liquidity side, PancakeSwap presents deep order books and broad exchange coverage. 24-hour trading volume represents 4.477% of market capitalization — our liquidity-health composite scores this as Deep (87/100). This is in line with typical top-100 turnover and supports orderly price discovery.
The 90-day Pearson correlation of CAKE's daily returns versus Bitcoin's is +0.47 — a moderate positive relationship. There is a meaningful but incomplete link between PancakeSwap and Bitcoin; the asset has its own drivers too, which limits how much it dampens BTC-driven swings.
How has the price performed over time?
% return across 9 horizons — heatmap by magnitude
Data refreshed 19 hours ago · auto-updates daily
Price history table
Last 30 trading days · daily OHLC
| Date | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026-10-10 | $2.20 | $2.24 | $2.19 | $2.21 | +0.41% |
| 2026-10-09 | $2.15 | $2.21 | $2.14 | $2.20 | +2.09% |
| 2026-10-08 | $2.25 | $2.28 | $2.08 | $2.15 | -4.48% |
| 2026-10-07 | $2.39 | $2.39 | $2.18 | $2.25 | -5.77% |
| 2026-10-06 | $2.47 | $2.48 | $2.37 | $2.39 | -3.00% |
| 2026-10-05 | $2.51 | $2.56 | $2.43 | $2.47 | -1.60% |
| 2026-10-04 | $2.53 | $2.54 | $2.48 | $2.51 | -0.71% |
| 2026-10-03 | $2.49 | $2.56 | $2.46 | $2.53 | +1.40% |
| 2026-10-02 | $2.57 | $2.65 | $2.45 | $2.49 | -2.81% |
| 2026-10-01 | $2.60 | $2.62 | $2.54 | $2.57 | -1.19% |
| 2026-09-30 | $2.55 | $2.68 | $2.55 | $2.60 | +1.76% |
| 2026-09-29 | $2.59 | $2.62 | $2.51 | $2.55 | -1.62% |
| 2026-09-28 | $2.83 | $2.84 | $2.56 | $2.59 | -8.37% |
| 2026-09-27 | $2.74 | $2.86 | $2.72 | $2.83 | +3.17% |
| 2026-09-26 | $2.79 | $2.85 | $2.72 | $2.74 | -1.54% |
| 2026-09-25 | $2.74 | $2.85 | $2.71 | $2.79 | +1.57% |
| 2026-09-24 | $2.56 | $2.81 | $2.56 | $2.74 | +7.15% |
| 2026-09-23 | $2.57 | $2.73 | $2.51 | $2.56 | -0.35% |
| 2026-09-22 | $2.55 | $2.59 | $2.46 | $2.57 | +0.78% |
| 2026-09-21 | $2.57 | $2.63 | $2.50 | $2.55 | -0.62% |
| 2026-09-20 | $2.40 | $2.61 | $2.30 | $2.57 | +6.87% |
| 2026-09-19 | $2.42 | $2.46 | $2.37 | $2.40 | -0.62% |
| 2026-09-18 | $2.44 | $2.56 | $2.42 | $2.42 | -0.94% |
| 2026-09-17 | $2.31 | $2.48 | $2.29 | $2.44 | +5.67% |
| 2026-09-16 | $2.21 | $2.32 | $2.16 | $2.31 | +4.76% |
| 2026-09-15 | $2.35 | $2.35 | $2.19 | $2.21 | -6.09% |
| 2026-09-14 | $2.22 | $2.40 | $2.22 | $2.35 | +5.62% |
| 2026-09-13 | $2.22 | $2.29 | $2.16 | $2.22 | +0.14% |
| 2026-09-12 | $2.19 | $2.27 | $2.18 | $2.22 | +1.37% |
| 2026-09-11 | $2.11 | $2.23 | $2.10 | $2.19 | +3.89% |
Technical analysis
RSI · MACD · moving averages · Bollinger
- R$2.42
- R$2.44
- R$2.45
- R$2.51
- S$2.06
- S$2.07
- S$2.16
- S$2.20
Derivatives & leverage
Perpetual-futures positioning from Hyperliquid · CAKE-PERP
Funding is positive at +11.0%/yr, so long positions are paying shorts — leverage on Hyperliquid is currently skewed bullish. Persistent positive funding can precede long-squeeze pullbacks.
Perpetual-futures data from Hyperliquid, the leading on-chain perp DEX. Funding is paid hourly; a positive rate means long holders pay shorts. Derivatives positioning is informational, not a trade signal.
Multi-model price forecast
3-model ensemble · TA + statistical + peer-relative
Per-model breakdown +
| Model | Horizon | Low | Mid | High | Method |
|---|---|---|---|---|---|
| Technical | Short | $1.19 | $1.31 | $1.42 | TA composite (ATR + Bollinger + slope) |
| Technical | Mid | $1.24 | $1.33 | $1.54 | TA composite (ATR + Bollinger + slope) |
| Technical | Long | $1.04 | $1.49 | $1.94 | TA composite (ATR + Bollinger + slope) |
| Monte Carlo | Short | $1.94 | $2.20 | $2.49 | Monte Carlo on 90d log returns |
| Monte Carlo | Mid | $1.67 | $2.16 | $2.80 | Monte Carlo on 90d log returns |
| Monte Carlo | Long | $1.04 | $1.96 | $3.68 | Monte Carlo on 90d log returns |
| Peer comparison | Short | $2.03 | $2.09 | $2.32 | Peer comparison · 15 peers in same category |
| Peer comparison | Mid | $2.43 | $2.53 | $2.91 | Peer comparison · 15 peers in same category |
| Peer comparison | Long | $2.26 | $2.40 | $2.79 | Peer comparison · 15 peers in same category |
Three independent models feed the forecast above, following the STNews methodology:
- Technical model reads moving-average, ATR, Bollinger-band and trend-slope signals to set its ranges — it carries most weight in an orderly trend or range.
- Statistical (Monte Carlo) model uses the 90-day distribution of daily log returns to project the 5th, 50th and 95th percentile prices at each horizon — useful as an unbiased baseline that does not assume any trend continuation.
- Peer-relative model compares against same-category coins of similar market cap, projecting where this asset would trade if it matched the median, lower-quartile and upper-quartile peer return profiles — useful as a sanity check that anchors to broader sector behavior.
The headline ensemble forecast weights the three models 40/30/30 (statistical/technical/peer-relative). Its confidence badge measures how closely they concur — close agreement reads as higher confidence, while divergence reads lower and signals an unreliable, hard-to-model regime.
Cross-asset correlations (90d)
Pearson correlation of daily log returns vs top L1 references
To place CAKE in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:
- Bitcoin reference: +0.47 — a moderate positive relationship.
- Ethereum reference: +0.49 — a moderate positive relationship.
- Solana reference: +0.50 — a moderate positive relationship.
Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.
About PancakeSwap
PancakeSwap (CAKE) is a cryptocurrency, traded on global digital-asset markets. It trades at $2.21 as of the latest update, with a 24-hour move up 0.46%, placing it at rank #89 by market capitalisation among all listed digital assets. PancakeSwap's current market cap stands at $762.50M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.
On this page you'll find a live, daily-refreshed dashboard tracking PancakeSwap across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.
PancakeSwap is a digital asset that can be held in cryptocurrency wallets and traded on exchanges worldwide. Rather than assert a mechanism this token may not have, the analysis below focuses on its measurable market profile — price history, supply, liquidity and momentum.
CAKE is +0.46% over 24 hours, +30.80% over the past week, +60.60% over 30 days, putting it in the upper half of weekly performers across the top 250 by market capitalisation. PancakeSwap remains roughly 95% beneath its all-time high of $44.14, a level first printed in April 2021. Roughly 77% of CAKE's total supply is liquid today (345.65M of 450.00M), with the balance scheduled for gradual release over time. Trading volume is light versus market value — only about 4.5% of capitalisation changes hands daily — so larger orders can move price more than they would for higher-liquidity peers.
How it works — PancakeSwap
PancakeSwap settles on a public blockchain, with ownership recorded against cryptographic addresses rather than personal identities. Its supply schedule and core parameters are defined in software and changed only by coordination among the people who run the network — there is no central operator.
Use cases — PancakeSwap
PancakeSwap is used for value transfer, on-chain settlement, and access to whatever application or ecosystem its protocol supports. Because utility varies widely across projects of this kind, the most reliable read on the asset is its market data — liquidity, supply dynamics, and price behaviour — shown elsewhere on this page.
Tokenomics
Supply schedule & distribution
- Circulating supply: 345.65M CAKE — tokens actively trading and held by the public
- Total supply: 332.45M CAKE — all tokens minted to date (including those locked or held by the issuer)
- Max supply: 450.00M CAKE — the protocol-defined upper limit (if any) on lifetime issuance
- Issued to date: 76.8% of max supply
PancakeSwap's supply schedule directly affects its long-term inflation rate and, by extension, how dilutive future issuance will be to existing holders. A coin near full dilution behaves very differently from one that still has 60% of its supply waiting to be unlocked.
Supply economics
Issuance pressure, dilution, and structural value accrual
The supply story for PancakeSwap comes down to three things: how tokens are issued over time, how many are circulating now, and how far the fully-diluted valuation sits above the circulating market cap. Approximately 76.8% of maximum supply is currently circulating, meaning roughly 23.2% of total potential supply remains to be issued. This implies a structural emission stream against current demand for the asset. The fully diluted valuation (FDV) of $1.0 billion stands at 1.3× the current circulating market cap of $0.8 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.
Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.
Markets & exchanges
Top trading pairs by 24h volume
| # | Exchange | Pair | Last price | 24h volume | Trust |
|---|---|---|---|---|---|
| 1 | Binance | CAKE/USDT | $2.21 | $34.14M | A+ |
Initial rows server-rendered from our verified pipeline (binance-v2). Data-only. STNews does not place affiliate links here. See our affiliate disclosure.
If you'd bought PancakeSwap...
ROI calculator · historical close prices
Calculated on daily close prices. Does not include trading fees, taxes, or staking yields. Past performance is not indicative of future results.
Converter
Rate: 1 CAKE = $2.21
Compared to peers
Price, market cap, volume, supply
| Coin | 7d trend | Price | Market Cap | 24h Vol | 24h % | 7d % |
|---|---|---|---|---|---|---|
|
PancakeSwap
CAKE
|
$2.21 | $762.50M | $34.14M | +0.46% | +30.80% | |
Bitcoin
BTC
|
$83,054.01 | $1.66T | $12.30B | +0.19% | -4.60% | |
Ethereum
ETH
|
$2,503.85 | $306.41B | $5.70B | +0.20% | -5.79% | |
Solana
SOL
|
$109.54 | $59.50B | $1.07B | -0.29% | -13.42% | |
XRP
XRP
|
$1.41 | $83.99B | $834.64M | +1.45% | +2.56% | |
BNB
BNB
|
$748.43 | $104.17B | $286.56M | -0.09% | -3.52% | |
Dogecoin
DOGE
|
$0.0853 | $14.35B | $245.79M | -0.72% | -6.29% | |
Cardano
ADA
|
$0.2469 | $8.84B | $260.40M | -3.48% | -11.45% | |
TRON
TRX
|
$0.3306 | $28.55B | $193.83M | -0.24% | +1.23% |
Market sentiment
Crypto Fear & Greed Index · alternative.me
The Crypto Fear & Greed Index aggregates volatility, market momentum, social media activity, dominance and Google Trends data into a single 0–100 score updated daily. Today's reading is 64 — Greed.
Extreme fear (below 25) historically signals buying opportunities for contrarians, while extreme greed (above 75) often precedes corrections. The index works best as one input among many, not as a standalone trading signal.
Risks
General crypto risks apply: high volatility (double-digit daily moves are common), regulatory uncertainty, exchange and custody risk, and project-specific execution risk. With a smaller or less-established asset, liquidity can be thin — meaning larger orders move the price more, and exits during stress can be costly. Size positions accordingly and never commit more than you can afford to lose.
Frequently asked questions
What is PancakeSwap (CAKE)? ▾
PancakeSwap is a cryptocurrency, traded on global digital-asset markets. It trades under the ticker CAKE and currently has a market capitalisation of $762.50M.
What is the price of CAKE today? ▾
The price of PancakeSwap today is $2.21, refreshed daily from public market data. Live price changes are visible at the top of this page.
What is the maximum supply of PancakeSwap? ▾
The protocol caps lifetime issuance of PancakeSwap at 450.00M CAKE. This limit is enforced by the network's code and cannot be raised without coordinated upgrades.
What was PancakeSwap's all-time high? ▾
PancakeSwap's all-time high in USD terms is $44.14. Past performance does not guarantee future returns.
How can I buy PancakeSwap? ▾
You can buy PancakeSwap on the exchanges that carry the deepest CAKE liquidity — see the Markets section above for the highest-volume venues. Compare fees, supported deposit methods, and the exchange's regulatory standing in your country before opening an account.
Is PancakeSwap a good investment? ▾
We do not give investment advice. Crypto is a high-volatility asset class where large drawdowns are normal, so any position should be sized to your personal risk tolerance and, ideally, discussed with a licensed adviser before you act on the data shown here.
Where does the data on this page come from? ▾
The market figures here are pulled from public data providers such as Binance, CoinGecko and CoinPaprika, with the Fear & Greed reading sourced from alternative.me. Values are cached on our servers and updated regularly rather than streamed live.
Latest STNews coverage of PancakeSwap
All CAKE stories →Coins ranked near PancakeSwap
Explore assets with a similar market-cap rank
In the news
Headlines from major crypto outlets · refreshed every 6h
PancakeSwap hits 10-month high – Why $2.80 is CAKE’s next target
CAKE hit to a 10-month high as PancakeSwap unveiled Pre-Access Portal
You Can Soon Get Pre-IPO Exposure on Binance Wallet, But There's A Catch
Binance Wallet and PancakeSwap have introduced Pre-Access campaigns selling tokenized exposure to private companies before they list publicly. The first project has not been named yet. The launch extends a year of exchange expansion into traditional assets. Binance has added stock trading, tokenized equities, and pre-IPO derivatives. But, there’s a catch. Read ahead to find The post You Can …
PancakeSwap flips $2, rallies 13% with 110% volume surge: $3 in sight
CAKE surged 13% and rose to a 9-month high of $2.28 amid reducing market supply.
The information on this page is provided for general educational and informational purposes only and does not constitute investment, financial, legal or tax advice. Cryptocurrency markets are highly volatile; you can lose some or all of your capital. STNews does not recommend that any cryptocurrency should be bought, sold or held by you. Conduct your own due diligence and consult your independent financial advisor before making any investment decisions.
Data sources: CoinGecko · CoinPaprika · Binance · DefiLlama · alternative.me Fear & Greed Index · Editorial standards: /editorial-guidelines · Affiliate disclosure: /affiliate-disclosure
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PancakeSwap on X
Latest posts from @pancakeswap
“Sorry I can’t hang out this weekend, I have plans."
The plans:
It's time to get paid while you wait for your price.
Try Dual Investment → pancakeswap.finance/dual-investment
Mystery Stock #42:
I only came here for one book.
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