What is PancakeSwap (CAKE)?

If someone wants to exchange one currency for another on the Binance Smart chain, a competitor to Ethereum, they need a service that will take the currency they have and give them the one they want - this is called a swap or trade. Pancake Swap does exactly this, enabling users to exchange between any number of Binance supported cryptocurrencies & using the $CAKE token to power the whole product. Holders of the $CAKE token can also vote on the future of the product.
Thumbnail
CAKE
No value0% last 7 days
1
Cryptohunt's Opinion

Our take on PancakeSwap

Pancake Swap is the premier token exchange for users of the Binance Smart Chain. Given how many users are on the platform, and the popularity of their liquidity pools, which are collections of tokens that people contribute to get rewards, we believe this is one of the Binance communities highest value dApps.
#1
#2
#3
#4
#5
#6

How do you feel about PancakeSwap?

Get up to speed on PancakeSwap in less than 5 mins.

Complete these tasks to become a cryptohunt certified expert.
What makes PancakeSwap special?
PancakeSwap is a powered by, uses to validate transactions, and is. PancakeSwap also supports.

Interesting facts about PancakeSwap

Here are some facts you may not already know about PancakeSwap. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
#1

Trading fees on Pancake Swap are known to be much more affordable compared to other exchanges.

#2

Pancake Swap is often compared to Uniswap on Ethereum as both allow users to swap tokens.

#3

Pancake Swap is the most popular exchange on the Binance Smart Chain.

PancakeSwap reviews from the cryptohunt community

Dive deeper into the different opinions about PancakeSwap and learn how others feels about it.
PancakeSwap
Negative review
Review author avatar
0xBrettH
2 mo. ago

From a technical standpoint, Pancake Swap, as a fork of Uniswap, is fine. The best way to interact with the DEX is through non-trading options like farming, staking, etc as the BNB chain is riddled with scam tokens/rug pulls. While they do provide the standard "Everyone can make a token - beware of scams." warning, your best bet would be to avoid Pancake Swap and the BNB chain altogether.

0
0
0

PancakeSwap price and insights

See how much PancakeSwap is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 1 community reviews
0% feel totally fine about PancakeSwap today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
18,895
7% of them are active
# Telegram members
80,049
3% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like PancakeSwap, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
18,895
# Active Discord members
1,404
# Telegram members
80,049
# Active Telegram members
2,547

Join the conversation 💬

Log in or sign up to leave a comment