PancakeSwap is a leading decentralized exchange (DEX) on the BNB Smart Chain, allowing users to trade cryptocurrencies directly from their wallets without intermediaries. Combining an automated market maker (AMM) model with whitelisted market makers, it ensures fast, low‑cost transactions while users retain full ownership of their tokens. In addition to swaps, PancakeSwap offers yield farming and liquidity provision with its native token CAKE, along with features such as lotteries and cross‑chain bridging. Its goal is to build a decentralized ecosystem that prioritizes flexibility and sustainability for the CAKE community, liquidity providers, and PancakeSwap supporters.
Category
DEXAutomated Market Maker (AMM)
Initial circulating supply
0 CAKE
Initial total supply
0 CAKE
Circulating supply
327,610,898 CAKE
Total supply
340,105,438 CAKE
Max supply At launch, CAKE had an infinite supply. In May 2022, governance voted to implement a hard cap of 750,000,000 CAKE. Subsequently, on January 4, 2024, this max supply was further reduced to 450,000,000 CAKE.
PancakeSwap is a leading decentralized exchange (DEX) on the BNB Smart Chain, allowing users to trade cryptocurrencies directly from their wallets without intermediaries. Combining an automated market maker (AMM) model with whitelisted market makers, it ensures fast, low‑cost transactions while users retain full ownership of their tokens. In addition to swaps, PancakeSwap offers yield farming and liquidity provision with its native token CAKE, along with features such as lotteries and cross‑chain bridging. Its goal is to build a decentralized ecosystem that prioritizes flexibility and sustainability for the CAKE community, liquidity providers, and PancakeSwap supporters.
Category
DEXAutomated Market Maker (AMM)
Initial circulating supply
0 CAKE
Initial total supply
0 CAKE
Circulating supply
327,610,898 CAKE
Total supply
340,105,438 CAKE
Max supply At launch, CAKE had an infinite supply. In May 2022, governance voted to implement a hard cap of 750,000,000 CAKE. Subsequently, on January 4, 2024, this max supply was further reduced to 450,000,000 CAKE.
