PancakeSwap vs Skate — how do they compare? PancakeSwap trades at Rp24,895 (market cap Rp8,09T, Rp399,44M 24h volume), while Skate trades at Rp42.51 (market cap Rp7,09M, Rp3,68M 24h volume). The key difference: PancakeSwap is far larger — about 1141043.7× Skate's market cap, and PancakeSwap's circulating supply is 322,8M / 400M CAKE (81%) versus 166,9M / 1B SKATE (17%) for Skate. Which is the better fit depends on your goals — on Pluang, investors hold PancakeSwap for 74 Days and Skate for 11 Days on average.
| CAKE | SKATE | |
|---|---|---|
Market Cap | Rp8,09T | Rp7,09M |
Volume (24h) | Rp399,44M | Rp3,68M |
Circulating Supply | 322,8M / 400M CAKE (81%) | 166,9M / 1B SKATE (17%) |
Typical Hold Time | 74 Days | 11 Days |
What Pluang investors did over the last 30 days
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PancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming, and earning fees in return. Whereas, CAKE is a PancakeSwap token which main function is to incentivize the liquidity provision to the PancakeSwap platform.
Read more on CAKE →Skate is a multi-VM infrastructure that enables decentralized applications to run seamlessly across multiple blockchains. It also provides native access to VM-specific applications, allowing EVM apps to operate directly within SVM or MOVE environments.
Read more on SKATE →