**CAKE** is the native token of **PancakeSwap**.
It’s used for **staking, governance, rewards, and fee burns**.
CAKE has **deflationary tokenomics**, meaning tokens are regularly **burned** to reduce supply over time.
CAKE
2.069
-0.95%
It’s used for **staking, governance, rewards, and fee burns**.
CAKE has **deflationary tokenomics**, meaning tokens are regularly **burned** to reduce supply over time.