CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes

CoinMarketCap

03-16

The native token of Pancakeswap decentralized exchange (DEX), CAKE has pumped 15% as the DEX leads in 24 hour trading volume.

The hike in CAKE price also aligns with Binance’s recent $2 billion investment deal with Abu Dhabi’s MGX as Pancakeswap is the largest DEX on the Binance exchange owned BNB Chain.

As per DeFillama data, Pancakeswap currently holds the second largest position among DEXs in generating 24 hour trading volume. Earlier today, it was at the first place but Uniswap has now secured the leading place, followed by Solana’s Raydium, Meteora and Orca.

CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes 1 — DEX Volumes – Source: DeFillama

At the time of writing, CAKE price is trading at $1.85 while it has surged as high as $1.93 before an hour. The 24 hour trading volume has also increased by 170% for CAKE as it surged past the weekly high.

Although CAKE price is currently down over 30% in the past month as the crypto market witnessed a massive downtrend on Monday.

Pancakaswap has been a leading BNB Chain DEX since its launch in September 2020. It is currently the most reliable and trustworthy DEX in Binance’s wide ecosystem.

Also read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin

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Earlier today, it was at the first place but Uniswap has now secured the leading place, followed by Solana’s Raydium, Meteora and Orca. </p>\n<figure><img decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXdfUb3GMXsUpj4d7B0_AQRxHgierb8CQq8IRHfqlbwtnTvxDm3_PAydDE2ZepfdqB15j9zmV-YTYf-BQAIu0L6itp4U_qKQEFuGB64_Vt6kZ9Vban18bJHoZTPjffqD9NgRITTjTA?key=Z1H7VffcREIBLyr7eX5mOuKh\" title=\"CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes 1\"/>\n<figcaption>\n  DEX Volumes – Source: DeFillama\n </figcaption>\n</figure>\n<p>At the time of writing, CAKE price is trading at $1.85 while it has surged as high as $1.93 before an hour. The 24 hour trading volume has also increased by 170% for CAKE as it surged past the weekly high. </p>\n<p>Although CAKE price is currently down over 30% in the past month as the crypto market witnessed a massive downtrend on Monday. </p>\n<p>Pancakaswap has been a leading BNB Chain DEX since its launch in September 2020. It is currently the most reliable and trustworthy DEX in Binance’s wide ecosystem. </p>\n<blockquote>\n<p>Also read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin</p>\n</blockquote></body></html>","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CoinMarketCap</strong><span class=\"h-time small\">2025-03-16 03:49</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p>The native token of Pancakeswap decentralized exchange (DEX), CAKE has pumped 15% as the DEX leads in 24 hour trading volume. </p>\n<p>The hike in CAKE price also aligns with Binance’s recent $2 billion investment deal with Abu Dhabi’s MGX as Pancakeswap is the largest DEX on the Binance exchange owned BNB Chain. </p>\n<p>As per DeFillama data, Pancakeswap currently holds the second largest position among DEXs in generating 24 hour trading volume. Earlier today, it was at the first place but Uniswap has now secured the leading place, followed by Solana’s Raydium, Meteora and Orca. </p>\n<figure><img decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXdfUb3GMXsUpj4d7B0_AQRxHgierb8CQq8IRHfqlbwtnTvxDm3_PAydDE2ZepfdqB15j9zmV-YTYf-BQAIu0L6itp4U_qKQEFuGB64_Vt6kZ9Vban18bJHoZTPjffqD9NgRITTjTA?key=Z1H7VffcREIBLyr7eX5mOuKh\" title=\"CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes 1\"/>\n<figcaption>\n  DEX Volumes – Source: DeFillama\n </figcaption>\n</figure>\n<p>At the time of writing, CAKE price is trading at $1.85 while it has surged as high as $1.93 before an hour. The 24 hour trading volume has also increased by 170% for CAKE as it surged past the weekly high. </p>\n<p>Although CAKE price is currently down over 30% in the past month as the crypto market witnessed a massive downtrend on Monday. </p>\n<p>Pancakaswap has been a leading BNB Chain DEX since its launch in September 2020. It is currently the most reliable and trustworthy DEX in Binance’s wide ecosystem. </p>\n<blockquote>\n<p>Also read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin</p>\n</blockquote></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://coinmarketcap.com/community/articles/67d5d9c4f7c8ea5bf7cb3016/\">CoinMarketCap</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAKE","symbol_name":"芝樂坊餐館","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/67d5d9c4f7c8ea5bf7cb3016/","article_id":"2519345593","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519345593","pubTimestamp":1742068163,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"The native token of Pancakeswap decentralized exchange , CAKE has pumped 15% as the DEX leads in 24 hour trading volume.The hike in CAKE price also aligns with Binance’s recent $2 billion investment deal with Abu Dhabi’s MGX as Pancakeswap is the largest DEX on the Binance exchange owned BNB Chain.As per DeFillama data, Pancakeswap currently holds the second largest position among DEXs in generating 24 hour trading volume. Earlier today, it was at the first place but Uniswap has now secured the leading place, followed by Solana’s Raydium, Meteora and Orca.At the time of writing, CAKE price is trading at $1.85 while it has surged as high as $1.93 before an hour. The 24 hour trading volume has also increased by 170% for CAKE as it surged past the weekly high.Although CAKE price is currently down over 30% in the past month as the crypto market witnessed a massive downtrend on Monday.Also read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAKE":"芝乐坊餐馆","BK4209":"餐馆"},"translate_title":"PancakeSwap DEX交易量领先，CAKE价格上涨15%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAKE":1},"content_text":"The native token of Pancakeswap decentralized exchange (DEX), CAKE has pumped 15% as the DEX leads in 24 hour trading volume. \nThe hike in CAKE price also aligns with Binance’s recent $2 billion investment deal with Abu Dhabi’s MGX as Pancakeswap is the largest DEX on the Binance exchange owned BNB Chain. \nAs per DeFillama data, Pancakeswap currently holds the second largest position among DEXs in generating 24 hour trading volume. 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It is currently the most reliable and trustworthy DEX in Binance’s wide ecosystem. \n\nAlso read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}