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CAKE — PancakeSwap
A swap machine for cryptocurrencies on the chain of the largest exchange.
What it is for
- Set out to
- A decentralized exchange on the BNB Chain.
- Today in addition
- Eleven networks, futures, a lottery, a prediction game, a launchpad.
- Notable
- A cap of 400 million CAKE with buyback and burning from protocol revenue firmly anchored.
- Strength
- A broad product range and a stable user base.
- Weakness
- Token issuance for incentives still continues.
Contract address
Chain: BNB Chain
0x0E09FaBB73Bd3Ade0a17ECC321fD13a19e81cE82
Unabridged and deliberately not linked: a blockchain explorer that we have not checked would be a statement we cannot support.
Score
48of 93
Market capitalization
$631Mas stored
against Bitcoin, 90 days
—not against the dollar
CoinMarketCap
#7186numeric identifier
This asset is not in the sector barometer.
Where the price stands today between its two endpoints — logarithmic, because orders of magnitude lie in between.
The four cycles
Measured on daily closing prices, never on daily highs or lows. The cycle boundaries are Bitcoin’s own highest and lowest daily closes: January 14, 2015, December 16, 2017, December 15, 2018, November 8, 2021, November 21, 2022, October 6, 2025 and the current low on June 30, 2026. A day counts only if at least ten thousand dollars were traded on it. The price against Bitcoin is given in satoshi — one satoshi is one hundred-millionth of a bitcoin.
| Cycle | Lowest daily close | Highest daily close | Rise low → high | Fall high → low |
|---|
| 2015 to 2017January 14, 2015 to December 16, 2017 | did not yet exist |
| 2018 to 2021December 15, 2018 to November 8, 2021 | existed, but not measurable — reliable exchange days only from June 12, 2025 |
| 2022 to 2025November 21, 2022 to October 6, 2025 | $2.021,997 satJune 22, 2025 | $3.783,032 satOctober 6, 2025 | in dollars +$1.77 (+87.5%)against Bitcoin +51.8%from $2.02 on June 22, 2025 to $3.78 on October 6, 2025 | the window ends at the high |
Only partly measured: reliable trading only from June 12, 2025. What lay before that in the window is not recorded; the figures above are the endpoints of the measured part, not those of the whole cycle. |
| Year by year |
| 2025: in dollars +49.0% (from $2.54 to $3.78) · against Bitcoin +26.3% |
| since 2026, ongoingJune 30, 2026 to September 17, 2026 | $1.312,237 satJune 30, 2026 | $2.443,192 satSeptember 17, 2026 | in dollars +$1.13 (+86.2%)against Bitcoin +42.7%from $1.31 on June 30, 2026 to $2.44 on September 17, 2026 | the window ends at the high |
| Year by year |
| 2026: in dollars +86.2% (from $1.31 to $2.44) · against Bitcoin +42.7% |
If the high of a window comes before the low, the rise is calculated from the low to the next interim high within the same window.
The four questions that are always answered
Net supply and issuance pressure8 of 20
Starting valuation and size leverage8 of 14
Survivability8 of 12
Relative strength against Bitcoin5 of 6
the score is calculated from all twelve criteria. What the twelve questions measure and what has been corrected about the measurement is on the method page.
The remaining criteria are not recorded individually for this asset; the total comes from the assessment of September 5, 2026.
The figures in detail
Price, as stored$1.97
against Bitcoin, 7 days—
against Bitcoin, 30 days—
listed on CoinMarketCap sinceSeptember 2020
Age since listing5.93 years
Fees relative to valuationnot determined
Supply still lockednot researched
hard supply capnot researched
Carried by Nexocarried
Trading venues of 15 checked11 of 15
The fifteen largest centralized exchanges by the CoinMarketCap ranking were counted, as of September 5, 2026. Decentralized exchanges do not count. Bybit is not included in any figure, because the venue was not reachable through sixteen address forms. Which five venues are the best for each asset has not been collected yet.
Finding
For this asset the summarized finding has not yet been transferred to this page. The individual reasons for all twelve criteria are in the assessment file Assets 22 to 32, September 4, 2026.
Investors and partners: not researched — awards no points, because projects with large backers did not perform better.
Nexo: Carried by Nexo — purchase page documented on September 1, 2026.
No investment advice, no price forecast, no buy or sell recommendation. A high score does not mean “will rise”. It means the asset scores better on these questions than the others.