Latest Movements
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- Market capitalisation
- USD 674.62M
- 24-hour volume
- USD 97.56M
- Circulating supply
- 291.94M CAKE
Earn up to
12% p.a.
A comprehensive guide on how to lend PancakeSwap (CAKE)
We have a wealth of data on lending PancakeSwap (CAKE) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
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Lending PancakeSwap can be a great option for those who want to hold CAKE while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
To lend PancakeSwap, you need to possess it. To acquire PancakeSwap, you'll need to buy it. You can select from these popular exchanges.
Once you have CAKE, you'll need to choose a PancakeSwap lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| YouHodler | PancakeSwap (CAKE) | Up to 12% p.a. |
| Aave | PancakeSwap (CAKE) | Up to 0.11% p.a. |
| Kucoin | PancakeSwap (CAKE) | Up to 0.46% p.a. |
Once you've chosen a platform to lend your PancakeSwap, transfer your PancakeSwap into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.