PancakeSwap CAKE
Rank #86 defi
Supply release: when does the rest arrive?
80% circulating20% of the maximum CAKE supply has not been released yet.
The tokens that are not circulating are held by the project — typically team, investor, treasury and ecosystem allocations that unlock gradually on a vesting schedule. We do not publish per-coin unlock dates: the schedules are set by each project and revised often, and a stale unlock date is more misleading than none at all. Check the project's own tokenomics documentation before assuming when that supply arrives.
If every CAKE that can ever exist were circulating at today's price, the market capitalisation would be about 1.3× what it is now.
Supply at a glance
About PancakeSwap
PancakeSwap is the leading DEX of the BNB Chain ecosystem, with CAKE used for staking, governance and a burn programme tied to trading activity.
Created by an anonymous team (2020).
PancakeSwap in context
PancakeSwap trades 94% below its all-time high of A$56.6, set in April 2021. Over the past 90 days it has gained 83.7% in AUD terms, outperforming Bitcoin's +28.0% by 55.7 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 14.3% of its market value — liquid enough that ordinary retail orders fill without drama.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 40% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 319.0 million CAKE circulating, every dollar of CAKE price is A$0.32B of market cap — so check what a target actually implies:
Where to buy PancakeSwap in Australia
Ad disclosure: 'Buy' buttons are affiliate links*; order reflects our exchange scores. It never affects scores or rankings. How we make money
| Exchange | AUD pair | Instant-buy cost | Score | |
|---|---|---|---|---|
| Swyftx | ✓ CAKE/AUD | 0.6% + spread | 8.7/10 | Buy on Swyftx* |
| CoinSpot | ✓ CAKE/AUD | 1% + spread | 8.5/10 | Buy on CoinSpot* |
| Digital Surge | ✓ CAKE/AUD | 0.5% | 7.7/10 | Buy on Digital Surge* |
How CAKE stacks up
CAKE vs UNI →
Side-by-side charts, market data and the structural differences — all head-to-heads.
FAQ
What is the PancakeSwap (CAKE) price in AUD right now?
The CAKE price in AUD is about A$3.64 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any CAKE amount into AUD at the live rate.
How do I buy PancakeSwap in Australia?
PancakeSwap is listed on Swyftx, CoinSpot, Digital Surge with direct AUD pairs. Deposit AUD via PayID or bank transfer, then buy CAKE — most platforms complete this in minutes after ID verification.
Is PancakeSwap taxed in Australia?
Yes — the ATO treats PancakeSwap as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the CAKE supply be released?
20% of the maximum CAKE supply has not been released yet. The tokens that are not circulating are held by the project — typically team, investor, treasury and ecosystem allocations that unlock gradually on a vesting schedule. We do not publish per-coin unlock dates: the schedules are set by each project and revised often, and a stale unlock date is more misleading than none at all. Check the project's own tokenomics documentation before assuming when that supply arrives.
Who created PancakeSwap?
Created by an anonymous team (2020).
What is PancakeSwap's all-time high in AUD?
PancakeSwap peaked at A$56.6 in April 2021. Today's price sits 94% below that peak — the stat cards above track it daily.
Why does the CAKE price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.