
CAKE is the token of the PancakeSwap DEX and is used for yield farming rewards, governance votes and participation in token launches (IFO lockup). It also covers lottery, prediction markets and squad games, and protocol revenue goes into buyback and burn.
Founders, investors, token distribution, lockups and unlocks at a glance, with sources and dates.
Who bought when at what price, and how much is still coming to the market.
The most important risks with evidence, plus how overheated PancakeSwap is compared with its own history.
What speaks against the project and what to watch out for.
Tokenomics, team, risks and utility – six pillars, one grade. From the COMPASS plan.
See plansCAKE is the token of the PancakeSwap DEX and is used for yield farming rewards, governance votes and participation in token launches (IFO lockup). It also covers lottery, prediction markets and squad games, and protocol revenue goes into buyback and burn.
With an overall grade of 2.9 (51 out of 100) across six pillars: tokenomics, team, utility, security, execution and relevance. Grades range from 1.0 (very strong) to 5.0 (very weak). The reasoning for each pillar is inside CryptoCompass.
The all-time high of CAKE is $43.96 (30 Apr 2021). On 22 Oct 2026, CAKE trades at $2.19, which is 95% below it.
No. We rate the structure of the project, not the price. A good grade says nothing about whether the price is currently cheap. Not investment advice.
We rate the structure of the project, not the price. Not investment advice. Crypto is highly risky and a total loss is possible. Price data: CoinGecko, as of 22 Oct 2026.