Overview
PancakeSwap(CAKE)
Token Price$2.28+0.66%over 24h
All Time HighApr 30, 2021$43.96
All Time LowNov 3, 2020$0.19
Key Metrics
Market Cap$726.13m
Fully Diluted Valuation$752.59m
Circ. Supply317.95m CAKE
Max Supply400m CAKE
Volume 24h$75.46m
CEX$72.49m
Spot$24.46m
USD Perp$48.03m
COIN Perp$0
DEX$2.97m
Spot$0
USD Perp$2.97m
COIN Perp$0
Open Interest$33.14m
CEX$29.59m
USD Perp$29.59m
COIN PerpN/A
DEX$3.55m
USD Perp$3.55m
COIN PerpN/A
Token information
Income statement for CAKE
Include incomes from PancakeSwap

| Q4 2026* | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $5.6M | $48.46M | $31.14M | $40.87M | $128.98M | $88.01M | $83.19M | $87.9M | $48.41M | $28.63M | $38.93M | $52.85M | $22.02M | $16.24M | $11.93M | $13.8M | $23.64M | $26.56M | $77.15M | $82.75M | $207.59M | $120.61M | $173.86M |
| Token Swap Fees | $5.48M | $47.71M | $29.86M | $38.87M | $127.04M | $86.28M | $81.67M | $85.4M | $46.52M | $26.68M | $36.74M | $51.1M | $21.79M | $16.11M | $11.93M | $13.8M | $23.64M | $26.56M | $77.15M | $82.75M | $207.59M | $120.61M | $173.86M |
| Prediction Fees | $112.53K | $697.58K | $214.94K | $850.45K | $1.85M | $1.63M | $1.43M | $1.79M | $1.8M | $1.66M | $1.8M | $1.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Cost of Revenue | $3.75M | $32.48M | $20.51M | $26.84M | $86.22M | $58.27M | $54.96M | $58.3M | $31.45M | $18.15M | $25.09M | $34.55M | $14.91M | $10.93M | $8.08M | $9.38M | $16.08M | $18.06M | $52.46M | $56.27M | $141.16M | $82.01M | $118.22M |
| Swap Fees To Liquidity Providers | $3.75M | $32.48M | $20.36M | $26.44M | $86.22M | $58.27M | $54.96M | $57.87M | $31.45M | $18M | $24.82M | $34.55M | $14.76M | $10.93M | $8.08M | $9.38M | $16.08M | $18.06M | $52.46M | $56.27M | $141.16M | $82.01M | $118.22M |
Gross Profit | $1.85M | $15.98M | $10.63M | $14.03M | $42.77M | $29.74M | $28.23M | $29.6M | $16.96M | $10.47M | $13.84M | $18.3M | $7.11M | $5.18M | $3.84M | $4.42M | $7.56M | $8.5M | $24.69M | $26.48M | $66.43M | $38.59M | $55.63M |
| Swap Fees To Protocol | $619.69K | $5.23M | $3.59M | $4.86M | $15.02M | $11.72M | $11.84M | $8.71M | $5.2M | $3.12M | $4.11M | $5.45M | $2.28M | $1.59M | $1.21M | $1.24M | $2.13M | $2.39M | $9.09M | $9.93M | $24.91M | $14.47M | $20.86M |
| Swap Fees To Holders | $1.11M | $10M | $5.91M | $7.57M | $25.81M | $16.29M | $14.88M | $18.81M | $9.87M | $5.56M | $7.8M | $11.1M | $4.75M | $3.59M | $2.64M | $3.17M | $5.44M | $6.11M | $15.6M | $16.55M | $41.52M | $24.12M | $34.77M |
| Prediction Fees To Holders | $112.53K | $697.58K | $214.94K | $850.45K | $1.85M | $1.63M | $1.43M | $1.79M | $1.8M | $1.66M | $1.8M | $1.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Earnings | $1.85M | $15.98M | $10.63M | $14.03M | $42.77M | $29.74M | $28.23M | $29.6M | $16.96M | $10.47M | $13.84M | $18.3M | $7.11M | $5.18M | $3.84M | $4.42M | $7.56M | $8.5M | $24.69M | $26.48M | $66.43M | $38.59M | $55.63M |
Token Holder Net Income | $1.24M | $10.75M | $7.01M | $9.1M | $27.75M | $18.02M | $16.4M | $20.8M | $11.76M | $7.32M | $9.68M | $12.85M | $4.81M | $3.59M | $2.64M | $3.17M | $5.44M | $6.11M | $15.6M | $16.55M | $41.52M | $24.12M | $34.77M |
| Buy Back And Burn CAKE | $1.22M | $10.7M | $6.13M | $8.42M | $27.66M | $17.91M | $16.31M | $20.6M | $11.67M | $7.22M | $9.6M | $12.85M | $4.75M | $3.59M | $2.64M | $3.17M | $5.44M | $6.11M | $15.6M | $16.55M | $41.52M | $24.12M | $34.77M |
Risks
How much debt can be issued against CAKE as collateral across lending protocols.
Maximum possible exposure to CAKE
$14.98m
$13.92m (max additional borrows against CAKE) + $1.06m (bad debt if CAKE was hacked now)
Venus Core Pool
$14.98m at-risk exposure = $1.06m bad debt if hacked + $13.92m additional borrowable against CAKE
Methodology and limitations
Showing collateral exposure for CAKE on BSC. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for CAKE as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Markets
Token rights and value accrual
PancakeSwap
CAKEValue accrues through buybacks and burns, reducing overall supply
Token Usage
Token usage needs a subscription
Liquidations
Token liquidations need a subscription
Unlocks
Token unlocks need a subscription
Yields
Showing 10 of 26 pools
Borrow
Showing 10 of 30 routes
