What is a Syrup Pool on PancakeSwap?

Syrup Pools let you stake CAKE to earn other tokens. Projects partner with PancakeSwap to distribute their tokens to CAKE stakers as a launch strategy.

Can I swap CAKE without KYC?

Yes. SyntheticSwap supports CAKE swaps with no registration or identity verification.

What is an IFO on PancakeSwap?

IFO (Initial Farm Offering) lets new projects launch on PancakeSwap by raising funds from users who commit CAKE-BNB LP tokens. It's PancakeSwap's token launchpad.

Is PancakeSwap only on BNB Chain?

No. PancakeSwap has expanded to Ethereum, Arbitrum, Polygon zkEVM, zkSync Era, Linea, Base, and Aptos while keeping BNB Chain as its main hub.

How does concentrated liquidity work on PancakeSwap V3?

V3 lets liquidity providers concentrate capital in specific price ranges (like Uniswap V3). This makes LP capital up to 4,000x more efficient than V2 for tokens with tight trading ranges.

Home/Supported Coins/PancakeSwap

PancakeSwap

Leading DEX and DeFi Platform on BNB Chain

Launch Year

2020

Consensus

Proof of Stake Authority

Max Supply

450,000,000 CAKE

Block Time

~3 seconds

CAKE

PancakeSwap

Price—

24h Change—

Market Cap—

Volume (24h)—

Circulating Supply—

Swap CAKE Now

No KYC or registration
Non-custodial — your keys, your crypto
1000+ supported exchange pairs
Best available exchange rate

PancakeSwap Price Chart

CAKE / USD

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Data by CryptoCompare

About PancakeSwap

PancakeSwap (CAKE) is the largest decentralized exchange on BNB Chain and one of the biggest DEXes by trading volume globally. Launched in September 2020, PancakeSwap offers AMM-based token swaps, yield farming, liquidity pools, an NFT marketplace, a lottery, prediction markets, and an IFO (Initial Farm Offering) launchpad — all powered by the CAKE token. CAKE is used for governance, staking in Syrup Pools for APR rewards, and as the currency across PancakeSwap's ecosystem. PancakeSwap has expanded to Ethereum, Arbitrum, Polygon, zkSync, and other chains while maintaining BNB Chain as its primary venue.

History

2020

PancakeSwap launches on BNB Chain (then BSC) as an AMM DEX; quickly becomes top BNB Chain protocol.

2021

PancakeSwap V2 launches with improved routing; IFO launchpad and NFT marketplace add new utility.

2022

PancakeSwap expands to Aptos blockchain; MasterChef V2 reduces CAKE inflation.

2023

PancakeSwap V3 launches with concentrated liquidity on BNB Chain and Ethereum; multi-chain expansion accelerates.

2024

PancakeSwap processes billions in monthly volume; remains top DEX on BNB Chain by TVL and transactions.

How to Swap CAKE

To exchange PancakeSwap (CAKE) on SyntheticSwap, no registration or personal information is required. CAKE operates on BNB Chain as a BEP-20 token, supported by Trust Wallet, MetaMask with the BNB network, and Ledger. Navigate to SyntheticSwap, choose CAKE, select your desired output asset, enter a receiving address, and review the live rate. Your swap processes as soon as your CAKE deposit is confirmed on BNB Chain — funds arrive directly in your wallet.

How to Store CAKE

CAKE (BEP-20) is stored in MetaMask (with BNB Chain network), Trust Wallet, Ledger, or any EVM wallet configured for BNB Chain. For staking CAKE in Syrup Pools or providing liquidity, visit pancakeswap.finance.