> ## Content Index
> Fetch the complete content index at: https://zipmex.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# CAKE this week: +24% in seven days, negative funding on perps
- URL: https://zipmex.com/blog/cake-weekly-2026-09-08/
- Published: 2026-09-08T13:45:58.000Z
- Updated: 2026-09-08T13:45:58.000Z
- Description: PancakeSwap closed the week at $0.0₁₁0 (+23.6% in 7 days, +56.9% in 30). Market cap, the seven-day range and what the ZIPMEX perp market is charging to hold a position, with sources.
- Author: ZIPMEX
- Tags: CAKE, Cryptocurrency

PancakeSwap (CAKE) trades at $0.0₁₁0 on September 8, 2026: +23.6% over seven days and +56.9% over thirty. That leaves it 100% below the all-time high of $43.96 set on 2021-04-30\. Here is what the market and the ZIPMEX perp book say about the week, with every number sourced.

## The numbers

| Price                   | $0.0₁₁0 |
| ----------------------- | ------- |
| 24 hours                | —       |
| 7 days                  | +23.6%  |
| 30 days                 | +56.9%  |
| Market cap              | —       |
| 24h volume (all venues) | $118.7M |
| Market rank             | —       |
| Perp open interest      | $4.2K   |
| Perp 24h volume         | $997.60 |
| Max leverage            | 10x     |

## Perps: funding and open interest

On ZIPMEX Perps the CAKE/USDC market shows an estimated funding rate of -0.0072% per eight hours (last settled: -0.0048%), $4.2K of open interest and $997.60 traded in 24 hours. Negative funding means shorts are paying longs: leveraged traders lean bearish. Max leverage is 10x.

## Method and sources

Snapshot taken 2026-09-08 13:45 UTC. Price, supply and market cap: CoinGecko. Perps: ZIPMEX Perps public market data. Volume across all venues and all-time high: aggregated market data. This digest is generated from those feeds and reviewed by ZIPMEX Research; numbers on the [CAKE landing](https://zipmex.com/tokens/cake/) refresh every minute.

*Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.*

[CAKE price, chart and security check](https://zipmex.com/tokens/cake/)

[Trade CAKE on ZIPMEX](https://trade.zipmex.com/perps/PERP%5FCAKE%5FUSDC?utm%5Fsource=zipmex.com&utm%5Fmedium=article)