Ask about CakeWSwap
Logo of CakeWSwapCakeWSwap(CAKEW)
Total Value Locked$33.6

TVL by Chain

EthereumPoW$33.6

Protocol Information

CakeWSwap is a decentralized finance (DeFi) application that lets users exchange tokens while also providing liquidity through farming and earning fees. It's a decentralized exchange for transferring ERC20 tokens on EthereumPow first launched in October 2022. Users trade against a liquidity pool in CakeWSwap's automated market maker model and deposit funds into these pools in exchange for liquidity provider tokens, which are then used to fill the pools. These tokens can then be redeemed for a portion of the pool as well as a portion of the trading fees. Users can also farm additional tokens like CAKEW and CAKEW using CakeWSwap or put liquidity provider tokens on the farm and receive CAKEW as a reward.

Category:Dexs

Sub Category: AMM

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Methodology

TVL: Value of the tokens locked in the liquidity pools.View code on GitHub

Competitors

LFGSwap EthereumPoW ($9,512.09)PoWSwap ($729.64)PowerSwap ($240.97)OctoPow Finance ($4.73)UniWswap AMM ($1.04)PowSea ($0.52)MinerSwap ($0.13)HipPoWSwap ($0.0013)EthwSwapOHMPOW

Frequently Asked Questions

What is CakeWSwap?

CakeWSwap is a decentralized finance (DeFi) application that lets users exchange tokens while also providing liquidity through farming and earning fees. It's a decentralized exchange for transferring ERC20 tokens on EthereumPow first launched in October 2022. Users trade against a liquidity pool in CakeWSwap's automated market maker model and deposit funds into these pools in exchange for liquidity provider tokens, which are then used to fill the pools. These tokens can then be redeemed for a portion of the pool as well as a portion of the trading fees. Users can also farm additional tokens like CAKEW and CAKEW using CakeWSwap or put liquidity provider tokens on the farm and receive CAKEW as a reward.

What is CakeWSwap's TVL?

CakeWSwap currently has $33.6 in total value locked. TVL has decreased 1.2% over the past 30 days.

What chains does CakeWSwap operate on?

CakeWSwap operates on EthereumPoW. EthereumPoW holds the largest share at 100%.

How does CakeWSwap's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, CakeWSwap ranks #1,314 by TVL. The category holds $11.064b across 1,578 protocols, and CakeWSwap accounts for <0.1% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.