BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

BITCOIN

₹63,32,997.62

0.977%

ETHEREUM

₹3,27,147.12

0.258%

TETHER USDT

₹93.05

0.007%

BNB

₹55,889.44

0.544%

SOLANA

₹17,013.60

5.186%

USDC

₹92.99

0.007%

XRP

₹55.51

0.284%

DOGECOIN

₹13.14

4.487%

CARDANO

₹40.42

0.689%

AVALANCHE

₹2,999.55

11.671%

TRON

₹12.50

0.224%

SHIBA INU

₹0.001703

0.022%

POLKADOT

₹593.03

0.424%

CHAINLINK

₹1,368.40

2.795%

BITCOIN CASH

₹36,796.91

0.489%

NEAR PROTOCOL

₹585.55

0.054%

LITECOIN

₹6,864.95

0.468%

POLYGON

₹50.68

0.773%

PEPE

₹0.001153

0.359%

INTERNET COMPUTER

₹966.64

0.916%

Home

/

Coins

/

Pancakeswap

CAKE

PancakeSwap

CAKE

₹193.07

LIVE

24H Low ₹187.40

24H High ₹193.81

Price of CAKE today

The current live price of CAKE today is ₹193.07, with a 24-hour trading volume of ₹2,03,67,53,800.50. Our CAKE to INR price is updated in real-time. CAKE has seen a decrease of -0.22% in the last 24 hours. With a live market cap of ₹45,47,64,98,925.30 , the circulating supply is at 235,432,861 CAKE coins, with a maximum supply of 450,000,000CAKE coins.

PancakeSwap Price History

Date ComparisonAmount Change% Change
Today₹1.12

0.58%

7 Days₹15.34

8.63%

30 Days-₹14.23

6.86%

1 Year₹50.41

35.29%

PancakeSwap Price Information

Price Change (1hr)

0.87%

Price Change (24hr)

0.58%

Price Change (7d)

8.63%

PancakeSwap Market Stats

Market Cap

₹45,47,64,98,925.30

Fully Diluted Market Cap

₹86,92,25,49,561.15

24hr Volume

₹2,03,67,53,800.50

22.81%

Circulating Supply

235432860.86 CAKE

Total Supply

450000000 CAKE

Things to know about PancakeSwap

What is PancakeSwap (CAKE)?

  • Native token of PancakeSwap DEX on Binance Smart Chain (BSC).

  • Used for staking, farming, lotteries, and governance voting.

Tokenomics

  • Maximum supply: 450 million CAKE tokens.

  • Circulating supply: ~240.78 million.

  • Deflationary mechanism: burns tokens via trading, staking, and IFOs.

  • Controlled emission rate with significant weekly burns.

Market Data

As of today #{today’s date}, the price of PancakeSwap is ₹193.07 INR or 2.076 USD, with a 24-hour trading volume of 21900578.5 USD. The market capitalization for PancakeSwap is 488994612.1USD. The circulating supply is 235432860.86 PancakeSwap, with the total supply also being 389452021.35 PancakeSwap.

Token Pros and Cons

Pros:

  • Low transaction fees on the PancakeSwap platform.

  • Various use cases within the PancakeSwap ecosystem.

  • A deflationary token model with regular burns to manage supply.

  • There is no need for Know Your Customer (KYC) procedures.

Cons:

  • Limited to BEP-20 tokens, excluding popular cryptocurrencies like Bitcoin.

  • History of a security breach in March 2021.

  • It is not available in certain countries due to regulations.

Why Should You Invest in the Coin?

  • Utility within the PancakeSwap ecosystem, deflationary model.

  • Potential rewards from staking and farming.

  • Consider individual risk tolerance and market research.

USP of the Coin

  • Central to PancakeSwap's DeFi offerings are swaps, liquidity, farming, staking, lotteries, and NFTs.

  • Deflationary model and regular innovations.

Problem the Coin is Solving

  • CAKE reduces transaction fees and speeds on Binance Smart Chain vs. Ethereum.

  • It addresses cryptocurrency inflation with the deflationary token model.

Founder and Team Background

  • PancakeSwap is created by an anonymous group called “Chefs.”

ICO Price

  • No specific ICO price; first traded at about $0.3497026 in December 2020.

Risks Associated in Investing in the Coin

  • Market volatility, regulatory changes, and potential security issues.

  • Reliance on Binance Smart Chain, effects of deflationary mechanism on token value.

Whitepaper Insights

PancakeSwap, launched in September 2020, is a decentralised exchange (DEX) built on the Binance Smart Chain (BSC) and designed for swapping BEP-20 tokens. It emerged as a response to the high fees and slow transaction speeds on Ethereum, its main competitor, by offering a platform with significantly lower transaction costs and faster processing times. The creation of PancakeSwap by Binance, the world’s largest crypto exchange, positioned it as a direct competitor to Ethereum-based DEXs like Uniswap, but with the advantage of lower fees and quicker transactions.

The platform uses an Automated Market Maker (AMM) model, which replaces traditional order books with liquidity pools. These pools are funded by users who deposit their tokens and, in return, earn rewards. This model facilitates trading between crypto assets by using these user-generated pools, incentivising liquidity providers with rewards.

PancakeSwap’s development team, known as the “Chefs,” consists of anonymous developers, including two leaders, Hops and Thumper. The project raised over $1 million in a seed round in June 2020 and achieved a valuation of over a billion dollars by February 2021. It underwent an upgrade to version 2 in April 2021, followed by another successful seed round in July 2021, raising $4 million.

As a fork of SushiSwap, PancakeSwap shares a similar codebase but stands out due to its lower fees, faster transactions, and additional features not found in SushiSwap. The platform has also ventured into prediction markets, lending, borrowing, and margin trading, expanding its services beyond simple token swaps.

PancakeSwap’s architecture revolves around the AMM model, where users can trade digital assets against liquidity pools rather than other users. Participants deposit funds into these pools and receive LP (liquidity provider) tokens as a reward. These tokens can be traded or farmed in other liquidity pools to earn CAKE, PancakeSwap’s native BEP-20 token. The platform also features SYRUP pools, where users can stake CAKE tokens to earn additional rewards.

The platform offers various ways to earn profits, including trading, yield farming, staking, and participating in lotteries and NFT collections. Yield farming and staking are popular methods for earning passive income on PancakeSwap.

PancakeSwap’s competitive edge comes from its ability to address the limitations of Ethereum-based platforms, offering faster transactions, lower fees, and a user-friendly interface. It supports popular wallets and lists Ethereum-based coins, making it easier for users to migrate between blockchains.

In summary, PancakeSwap has established itself as a leading DEX on the Binance Smart Chain by offering a comprehensive suite of DeFi services, including token swapping, yield farming, staking, and more. Its low fees, fast transactions, and user-friendly platform have attracted a large user base, making it a significant player in the decentralised finance space.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9300

0%

CAKE to Converter

Quantity

CAKE

CAKE

Price

fiat

Price as per 08:49 PM • 21 Jul 2024

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You can contact us at help@mudrex.com

What is the price of PancakeSwap (CAKE)?

The current price of PancakeSwap (CAKE) in INR is ₹193.07 INR.

What is the current CAKE market cap?

The current market capitalization of PancakeSwap (CAKE) is ₹45,47,64,98,925.30 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of CAKE by the number of coins in circulation.

What is the current supply of PancakeSwap (CAKE)?

The current supply of PancakeSwap (CAKE) is 235432860.86 CAKE. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of PancakeSwap (CAKE)?

The 24-hour trading volume of PancakeSwap (CAKE) in INR is ₹2,03,67,53,800.50. This figure represents the total value of all CAKE transactions across various exchanges within the last 24 hours.

How to Buy PancakeSwap (CAKE) in India?

To buy PancakeSwap (CAKE) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in CAKE.

Can I buy PancakeSwap (CAKE) with UPI?

Yes, you can buy PancakeSwap (CAKE) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert PancakeSwap (CAKE) to Indian Rupee (INR)?

To convert PancakeSwap (CAKE) to Indian Rupee (INR), you can use our CAKE/INR conversion rates in real time.

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