Convert and Swap PancakeSwap CAKE to United States Dollar USD
CAKE/USD: 1 PancakeSwap equals $2.33 USD
PancakeSwap (CAKE) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Last update: 3:01 AM, December 23, 2024
Refresh
PancakeSwap market latest
Buy PancakeSwap with Coinbase Wallet
Download Coinbase Wallet to buy and sell PancakeSwap on the most secure crypto exchange.
PancakeSwap is falling this week.
The current price of PancakeSwap is $2.33 per CAKE. With a circulating supply of 296,670,786.745 CAKE, it means that PancakeSwap has a total market cap of $689,259,915.96. The amount of PancakeSwap traded has fallen by $27,037,185.84 in the last 24 hours, which is a 22.85% decrease. Additionally, in the last day, $118,303,751.81 worth of CAKE has been traded.
Buy PancakeSwap with Coinbase Wallet
Create a Coinbase account to buy and sell PancakeSwap on the most secure crypto exchange.
About PancakeSwap
PancakeSwap, built on the BNB Chain, is a decentralized platform that allows users to trade tokens without the need for a centralized exchange. It offers a variety of products, including an exchange for token swapping, a yield farm for earning rewards, and Syrup pools for staking CAKE tokens. PancakeSwap also features Ethereum liquid staking, a prediction market, an NFT marketplace, and a bridge to connect CAKE to Ethereum and Aptos. The platform is maintained by an anonymous team of "Chefs" and has been audited by multiple reputable blockchain security firms. Despite market fluctuations, PancakeSwap maintains an annualized revenue of $27 million, with 42% of CAKE staked.
PancakeSwap operates through a series of innovative features and mechanisms. One of its key features is PancakeSwap V3, which introduces capital concentration, allowing liquidity providers to focus their capital on specific price ranges. This can provide up to 4000x higher capital efficiency compared to V2, particularly for stablecoin pools. Traders also benefit from lower trading fees in V3, with four tiers of fees catering to different trading pairs based on expected volatility and trading activity. Another innovative feature is the Position Manager, which introduces auto-compounding of rewards, handling gas fees and position rebalancing automatically, and allowing providers to supply liquidity in concentrated price bands to maximize fees from high trading volumes.
PancakeSwap offers a wide range of potential use cases. Users can swap tokens, earn rewards through yield farming, stake CAKE tokens in Syrup pools, and participate in a prediction market. The platform also provides a bridge for connecting CAKE to Ethereum and Aptos, an NFT marketplace for trading digital assets, and a lottery for users seeking a chance to win prizes. Additionally, PancakeSwap's Position Manager allows users to optimize their earnings through auto-compounding of rewards and strategic allocation of liquidity. The platform's deflationary token model, "Ultrasound CAKE," aims to make the token more valuable in the long term by reducing token emissions and incentivizing the locking up of CAKE.
PancakeSwap has a history of rapid innovation and regular product launches. In April 2023, PancakeSwap transitioned to a deflationary token model called "Ultrasound CAKE," which combines real yield and reduced token emissions. The platform has also been audited by multiple reputable blockchain security firms, ensuring its reliability and security. Despite market fluctuations, PancakeSwap has maintained a strong performance, boasting an annualized revenue of $27 million. The platform has also pursued a multichain strategy, launching the CAKE token on different layer-one and layer-two blockchains, and has seen significant growth in trading volume and market share since the launch of PancakeSwap V3.
How PancakeSwap and United States Dollar differ
PancakeSwap and the US Dollar are fundamentally different entities operating in distinct realms. PancakeSwap is a decentralized platform built on the BNB Chain, enabling users to trade tokens, earn rewards through yield farming, stake CAKE tokens, and participate in a prediction market, among other activities. It operates through innovative features like PancakeSwap V3 and the Position Manager, which aim to enhance capital efficiency and optimize earnings. On the other hand, the US Dollar is a traditional fiat currency, regulated by the Federal Reserve, and used for everyday transactions, savings, and investments. It doesn't offer the same range of activities as PancakeSwap, nor does it operate on blockchain technology. While PancakeSwap's value is determined by market dynamics and the platform's performance, the US Dollar's value is influenced by economic indicators, monetary policy, and international trade.
Frequently asked questions
How much is 1 PancakeSwap in USD?
Right now, 1 PancakeSwap is worth about $2.33.
How much CAKE could I buy for 1 USD?
Based on the current rate, you could get 0.43 CAKE for 1 USD.
How much has the price of PancakeSwap changed?
PancakeSwap price has been declining. Since yesterday, the exchange rate of PancakeSwap has decreased. Since last month, the exchange rate of PancakeSwap has increased. Since this time last year, the price of PancakeSwap has decreased.
How do I calculate or convert CAKE to USD?
You can use our CAKE to USD calculator at the top of this page to convert any amount of CAKE to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 2.14 CAKE. Inversely, 5 CAKE will cost about $11.66
How can I buy 1 PancakeSwap on Coinbase?
PancakeSwap can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy PancakeSwap.
What are assets similar to PancakeSwap that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to PancakeSwap, including Aave ENS V2, Frax Share, and Jupiter. For a more robust list of assets to explore, jump to the asset page dedicated to PancakeSwap.
Buy PancakeSwap with Coinbase Wallet
Create a Coinbase account to buy and sell PancakeSwap on the most secure crypto exchange.
Browse related conversions
Popular PancakeSwap conversions
A selection of other popular currency conversions of PancakeSwap to various fiat currencies.
CAKE to United States Dollar conversion tables
The exchange rate of PancakeSwap is decreasing.
The current value of 1 CAKE is $2.33 USD. In other words, to buy 5 PancakeSwap, it would cost you $11.66 USD. Inversely, $1.00 USD would allow you to trade for 0.43 CAKE while $50.00 USD would convert to 21.45 CAKE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 30.74%. Meanwhile, in the last 24 hours, the rate has changed by 1.12%, and that the the highest exchange rate of 1 CAKE to United States Dollar was $2.41 USD and the lowest 24 hour value was 1 CAKE for $2.27 USD. This time last month, the value of 1 CAKE was $2.04 USD, which is a 12.74% decrease from where it is now. Looking back a year, PancakeSwap has changed by $2.89 USD. That means that in a single year, the value of PancakeSwap has shrank by 19.68%.
CAKE to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$2.35 USD | -1.12% | $3.33 USD | -30.74% | $2.04 USD | 12.74% | $2.89 USD | -19.68% |
CAKE to USD
Amount | Today at 3:01 am |
|---|---|
0.5 CAKE | $1.17 |
1 CAKE | $2.33 |
5 CAKE | $11.66 |
10 CAKE | $23.31 |
50 CAKE | $116.55 |
100 CAKE | $233.11 |
500 CAKE | $1,165.54 |
1,000 CAKE | $2,331.08 |
USD to CAKE
Amount | Today at 3:01 am |
|---|---|
0.5 USD | 0.21 CAKE |
1 USD | 0.43 CAKE |
5 USD | 2.14 CAKE |
10 USD | 4.29 CAKE |
50 USD | 21.45 CAKE |
100 USD | 42.90 CAKE |
500 USD | 214.49 CAKE |
1,000 USD | 428.99 CAKE |
Today vs. 24 hours ago
Amount | Today at 3:01 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 CAKE | $1.17 | $1.18 | -0.84% |
1 CAKE | $2.33 | $2.35 | -0.84% |
5 CAKE | $11.66 | $11.75 | -0.84% |
10 CAKE | $23.31 | $23.51 | -0.84% |
50 CAKE | $116.55 | $117.54 | -0.84% |
100 CAKE | $233.11 | $235.07 | -0.84% |
500 CAKE | $1,165.54 | $1,175.37 | -0.84% |
1,000 CAKE | $2,331.08 | $2,350.74 | -0.84% |
Today vs. 1 month ago
Amount | Today at 3:01 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 CAKE | $1.17 | $1.02 | +13.76% |
1 CAKE | $2.33 | $2.05 | +13.76% |
5 CAKE | $11.66 | $10.25 | +13.76% |
10 CAKE | $23.31 | $20.49 | +13.76% |
50 CAKE | $116.55 | $102.45 | +13.76% |
100 CAKE | $233.11 | $204.91 | +13.76% |
500 CAKE | $1,165.54 | $1,024.54 | +13.76% |
1,000 CAKE | $2,331.08 | $2,049.08 | +13.76% |
Today vs. 1 year ago
Amount | Today at 3:01 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 CAKE | $1.17 | $1.45 | -19.58% |
1 CAKE | $2.33 | $2.90 | -19.58% |
5 CAKE | $11.66 | $14.49 | -19.58% |
10 CAKE | $23.31 | $28.99 | -19.58% |
50 CAKE | $116.55 | $144.94 | -19.58% |
100 CAKE | $233.11 | $289.88 | -19.58% |
500 CAKE | $1,165.54 | $1,449.38 | -19.58% |
1,000 CAKE | $2,331.08 | $2,898.77 | -19.58% |
Buy PancakeSwap with Coinbase Wallet
Create a Coinbase account to buy and sell PancakeSwap on the most secure crypto exchange.
Discover assets similar to PancakeSwap
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Buy other crypto
A selection of guides on how to buy some of the top 50 assets by market capitalization.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.