
Coinbase has announced plans to include it Packs (cake)The original symbol of the largest decentralized exchange in the BNB series, in its latest update on the road map. This strategic step comes at a time when a $ 2.43 cake is trading with a 781 million dollar market, which puts it in its position among the 5 best codes for decentralized exchange through evaluation. Integration represents the continuous Coinbase expansion in Defi Ecosystem Offers exceeding its traditional products for trading.
The Stock Exchange revealed the framework of the inclusion of updated assets through an official leaflet for the blog, with an emphasis on improving transparency of new digital asset additions. Pancakeswap insert his last speech Ultrasound Tokenomics repair, which reduced the maximum offer from 750 million to 450 million symbols with aggressive burning mechanisms. Coinbase users will be able to access cake trading pairs through the advanced trading platform once technical integration is complete.
Defi Coinbase’s expansion strategy
This menu continues in the Coinbase style for strategic Defi integration, after previous additions such as UISWAP (UNI) and compound (compi). Exchange has allocated important engineering resources to support the compatible assets of Ethereum Virtual Machine (EVM), with the BNB series compatibility as a modern technical teacher. Market analysts note that the step can increase the Cake liquidity file, as Coinbase currently deals to $ 2.1 billion in daily trading volume in all couples.
metric | value |
---|---|
The price of the cake | $ 2.43 |
Trading offer | 321.6m cake |
Market value | 781 million dollars |
24H trading volume | 113.7 million dollars |
Pancakeswap’s ecosystem development
Since its launch in 2020, Pancakeswap has evolved into a multi -power center that supports 12 Blockchain network. The V3 promotion of the platform provided concentrated liquidity parking and a 4000x -based capital of the capital in Stablecoin. The last Q1 2025 performance witnessed the trading volume of $ 205 billion, bypassing many central stock exchanges in the weekly activity.
The cake symbol serves multiple functions including governance, fee discounts, and access to exclusive liquidity pools. With 42 % of the total supply currently, holders of weekly rewards are gained from protocol fees while participating in the decisions of the main ecological system. The project’s transformation has burned to the distinctive symbol of 102 % of the weekly emissions since April 2023, which has increased purchase pressure through automatic treasury mechanisms.
Market effect and analysis
The cake price reaction was positive to the news, showing 8.3 % of the gains in 24 hours after the announcement. TOKEN’s BTC pairing remains volatile at 0.000023 BTC, which reflects the broader uncertainty in the market in Altcoin markets. Analysts suggest that the Coinbase menu can help stabilize the CAKE discovery process by increasing institutional access.
Competitors like UISWAP and SUSHISIPAP have witnessed 15-20 % evaluation reinforcements after previous Coinbase. If this pattern is followed, technical analysis indicates possible resistance levels at $ 2.80 and $ 3.15 based on the historical price procedure. The supply modification mechanism circulated in the symbol creates a unique economic dynamics compared to the DEX fixed supply.
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- Decentralized exchange (DeX)
- A counterpart market to a counterpart that connects the buyer of the cryptocurrency and sellers without an intermediate custody. Pancakeswap acts as a DeX automatic manufacturer using liquidity baths instead of request books.
- Liquidity
- A smart contract that contains symbolic pairs that allow decentralized trading. Service providers earn fees to suit their share in the complex, as cakes offer improved returns through concentrated liquidity sites.
- Return on agriculture
- Earn the encrypted currency bonuses by depositing or paying assets in Defi protocols. Pancakeswap users can grow a cake by providing liquidity for subsidized trading couples.
- Distinguished symbol
- The economic model that governs the width, distribution and benefit of the cryptocurrency. The CAKE ultrasound model combines contraction with exciting budgets for the growth of the ecosystems and symbolic scarcity.
This article is for media purposes only and does not constitute financial advice. Please do your research before making any investment decisions.
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