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    CAKE/USDT

    Where CAKE/USDT trades: Binance, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $22.8M in 24h volume.

    24h volume
    $22.8M
    across all 6 venues
    Exchanges
    3
    6 listings in total
    Market type
    Spot + futures
    3 futures, 3 spot

    CAKE/USDT trades on 3 exchanges across 6 listings — 3 perpetual futures markets and 3 spot books.

    Binance runs the deepest of them at $13.8M over 24 hours, 60.4% of the $22.8M total we measure across all 6 of them.

    Where CAKE/USDT trades

    Exchange Type Symbol 24h volume Share
    Binance Perpetual CAKEUSDT $13.8M 60.4%
    Binance Spot CAKEUSDT $4.0M 17.5%
    Bybit Perpetual CAKEUSDT $2.9M 12.7%
    KuCoin Perpetual CAKEUSDTM $1.5M 6.7%
    Bybit Spot CAKEUSDT $365.0K 1.6%
    KuCoin Spot CAKE-USDT $240.5K 1.1%

    Volume is 24h turnover in USD, taken from each exchange's public ticker. A dash means the venue quotes the pair against something other than a USD stablecoin, so we have no honest USD figure for it rather than a converted guess. Updated 2026-08-19 16:29 UTC.

    Spot or perpetual

    Perpetual futures: Binance, Bybit and KuCoin.

    Spot: Binance, Bybit and KuCoin.

    Where the liquidity sits

    The top 3 venues hold 90.7% of measured CAKE/USDT turnover: Binance perpetuals ($13.8M, 60.4%), Binance spot ($4.0M, 17.5%) and Bybit perpetuals ($2.9M, 12.7%).

    Perpetual futures account for 79.9% of it, spot the rest. Futures turnover is notional, so it is not directly comparable to spot volume — the same dollar of margin moves several dollars of notional.

    How we measure this

    Volume is 24-hour turnover from each exchange's own public ticker, refreshed on a schedule rather than streamed. We only publish a dollar figure where the pair is quoted against a USD stablecoin, so the number is the venue's own turnover and not a conversion of ours.

    FAQ

    Which exchange has the most CAKE/USDT volume?
    Binance, with $13.8M of 24-hour perpetual futures turnover — 60.4% of the $22.8M we measure across 6 reporting venues.
    Can I trade CAKE/USDT as a perpetual future?
    Yes. Binance, Bybit and KuCoin list a CAKE/USDT perpetual.
    How much CAKE/USDT trades in 24 hours?
    $22.8M across 6 of the 6 listings on this page. Venues quoting the pair against something other than a USD stablecoin are excluded from that total rather than converted.
    Last reviewed:
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