CakepiePrice(CKP)
Details Cakepie (CKP) Price information (USD)
The current real-time price of CKP is $0.5283. In the past 24 hours, CKP has traded between $0.5124 and $0.5336, showing strong market activity. The all-time high of CKP is $108.33, and the all-time low is $0.3353.
From a short-term perspective, the price change of CKP over the past 1 hour is
Cakepie (CKP) Market Information
Cakepie (CKP) Today's Price
The live price of CKP today is $0.5283, with a current market cap of $2.080M. The 24-hour trading volume is 9K. The price of CKP to USD is updated in real time.
Cakepie (CKP) Price History (USD)
What is CAKEPIE (CKP)?
When is the right time to buy CKP? Should I buy or sell CKP now?
Before deciding whether to buy or sell CKP, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CKP technical analysis can provide you with trading references.
Future price trend of CKP
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CKP.
How much will CKP be worth tomorrow, next week, or next month in ? What about your CKP assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CKP Price Prediction
How to buy CAKEPIE (CKP)
Convert CKP to local currency
CKP Resources
To learn more about CKP, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x0b11...8f5004  | 6.753M | 90.54% |
binance-smart-chain | 0x73d8...4946db | 150.947K | 2.02% |
binance-smart-chain | 0xa4e2...ba3b1e | 124.536K | 1.67% |
binance-smart-chain | 0xb1ec...a3d3b4 | 93,567 | 1.25% |
binance-smart-chain | 0x2325...94eb26 | 81,964 | 1.1% |
Other | 254.647K | 3.41% |
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CAKEPIE (CKP) FAQ
What is Cakepie (CKP)?
Cakepie is a SubDAO within the Magpie ecosystem designed to enhance the veTokenomics of decentralized platforms. It functions as a yield-boosting and governance layer, enabling users to maximize rewards on their CAKE tokens without the need for long-term individual locking. By permanently locking CAKE as veCAKE, Cakepie accumulates significant voting power, helps reduce the circulating supply of CAKE, and creates a structured environment for protocol incentives and emissions management.
What are the differences between mCAKE and CKP?
mCAKE and CKP fulfill distinct functions within the Cakepie ecosystem. mCAKE is a liquid derivative of CAKE; users can convert CAKE to mCAKE on a 1:1 basis to access boosted yields and liquidity without a mandatory lock-up period. In contrast, CKP is the native governance token of the Cakepie protocol itself, primarily used for steering the platform's direction, participating in the bribery market, and earning a share of protocol revenue.
How does vlCKP work and what is the 'Force Unlock' feature?
vlCKP (Vote-Locked CKP) is earned by locking CKP at a 1:1 ratio. Holding vlCKP is essential for participating in governance and receiving a share of protocol revenue. To regain liquidity, users must undergo a 60-day cooldown period. For those requiring immediate access, the 'Force Unlock' feature allows instant withdrawal in exchange for a penalty fee. This penalty starts at 80% and gradually decreases over the 60-day window, with the collected fees redistributed to the remaining vlCKP stakers.
What is the Cakepie Bribery Market and how does it benefit users?
The Cakepie Bribery Market is a governance-incentive platform where external DeFi protocols offer rewards to vlCKP holders. These protocols aim to attract liquidity by encouraging vlCKP holders to vote for CAKE emissions to be directed toward their specific liquidity pools. By participating in these events, vlCKP holders can earn additional passive income, effectively monetizing their governance influence and maximizing the utility of their locked tokens.
How has Cakepie addressed recent security concerns in its ecosystem?
While Cakepie’s smart contracts remained secure during the Penpie exploit of September 2024, the project took proactive steps to ensure ecosystem-wide stability. A recovery strategy was introduced involving the SAFUPIE subDAO and the issuance of debt tokens (SRT) to assist affected parties. This plan focuses on long-term sustainability and maintaining community trust by utilizing specific protocol mechanisms to ensure the safety and resilience of the overall Magpie ecosystem.
Where can users acquire and trade CKP?
CKP is primarily available on the BNB Chain and has expanded to Arbitrum to support multi-chain operations. Users looking to acquire or trade CKP can find active markets on LBank and other leading trading venues. This cross-chain availability ensures that users can interact with Cakepie's governance and yield-boosting features across multiple blockchain environments, providing flexibility and accessibility for the global community.
