CAKE Perpetual on Hyperliquid
CAKE Perpetual on Hyperliquid — price $2.220 (+3.92% 24h), funding +0.0013%/1h, open interest $2.6M, 24h volume $2.6M. Annualized funding +11.0%. Source: Hyperliquid official · as of 2026-09-06 11:15 UTC
Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).
/api/hl/markets/cake-perp/history?format=csv&from=2026-06-14&to=2026-09-06&granularity=dailyDaily/weekly/monthly rollups from D1. File header carries the attribution line.
Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.
Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.
PancakeSwap is the largest decentralized exchange on BNB Chain by trading volume, having expanded over time to include not just spot swaps but also its own perpetuals trading, lottery, and NFT-marketplace products bundled under one platform. CAKE is the protocol's native token, used for governance, staking, and various fee-discount or reward mechanics across PancakeSwap's product suite, with an active token-burn program tied to platform revenue. Because PancakeSwap's fortunes are closely tied to overall BNB Chain trading activity, CAKE's price often moves with broader BNB Chain DeFi volume trends rather than any single product line in isolation. On Hyperliquid, the leverage setting for this asset stays low, consistent with a smaller-cap token that hasn't reached deep-liquidity status. Funding on CAKE-USD can move around burn-program updates or shifts in BNB Chain ecosystem trading volume.
How much leverage headroom does CAKE have?
CAKE has 3x of leverage headroom on Hyperliquid.
What products does PancakeSwap offer beyond spot swaps?
PancakeSwap has expanded to include its own perpetuals trading, a lottery product, and an NFT marketplace, all bundled alongside its original spot-swap DEX.
Why does CAKE's price track overall BNB Chain trading activity?
As the largest DEX on BNB Chain by volume, PancakeSwap's revenue and token demand rise and fall with the chain's overall DeFi activity, making CAKE something of a proxy for BNB Chain trading trends.
What is the CAKE Perpetual funding rate on Hyperliquid?
As of the latest snapshot, CAKE Perpetual funding is +0.0013%/1h (≈ +11.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 11:15 UTC.
What are CAKE Perpetual's 24h volume and open interest?
CAKE Perpetual currently has $2.6M in 24h volume and $2.6M in open interest. As of 2026-09-06 11:15 UTC.
What is CAKE Perpetual's all-time high on Hyperliquid?
CAKE Perpetual's all-time high is $5.245 on 2024-03-13; the all-time low is $1.125 on 2026-06-05. The 52-week range is $1.125–$4.615. As of 2026-09-06 11:15 UTC.