PancakeSwap DEX Tirelessly Churning New Features: Is CAKE USD Ready For $5?
Will 2025 be defined by stablecoins and DeFi? Well, it appears to be the case. As soon as PancakeSwap announced the launch of a new launchpad, CakePad, CAKE USD zipped higher. CAKE USDT is now at around 2025 highs, and going by recent performance, it is safe to say CAKE crypto is preparing for a leg higher, perhaps to $5. Who knows.
A big part of CAKE crypto’s success has to be with the exploding BNB crypto price. BNB USD is now trading above $1,200, and buyers are also eyeing new all-time highs, even to $2,000 by the end of this bull cycle. Being Uptober, hopium is high, and savvy investors are also bidding up, looking for 100X coins to go all in on.
According to DefiLlama, PancakeSwap now manages over $2.6Bn in assets. Like Uniswap in Ethereum, PancakeSwap is the king in the Binance Smart Chain (BSC) ecosystem. In the last 30 days alone, it has generated over $39M in trading fees, $10M in the last week.
(Source: DefiLlama)
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Will CAKE USD Zip To $5?
The total value locked (TVL) in PancakeSwap alone suggests that many folks trust the DEX. Second, for value traders, the revenue generated by the dapp translates to activity, which, in turn, props up prices.
CAKE is PancakeSwap’s governance token, and holders can vote on proposals or even stake. As of October 6, CAKE crypto stakers received +11.67% in APY, better than lending USDC on Maple Finance.
(Source: Coinbase)
Gauging trader sentiment reveals that most traders are net bullish. The average long/short ratio on Binance is 2, meaning traders are stacking long positions. What’s more? Accompanying the expansion earlier today is rising trading volume, suggesting that traders are actually opening up new positions.
Rising open interest confirms this assumption. Open interest measures the total number of leveraged open positions. Since October 1, CAKE crypto open interest has more than tripled, from below $60M to as high as $180M on October 4.
(Source: Coinglass)
Looking at the CAKE USDT chart, CAKE crypto is within a bullish breakout formation. After the surge past $3.1 and September 2025 highs, buyers are now targeting December 2024 highs of approximately $4.5. Should CAKE crypto bulls press on, the next feasible target will be $5 and higher.
On X, one analyst said $5 is a “technical target” that, once broken, would confirm a breakout above the ascending triangle.
$CAKE forming a massive ascending triangle
Technical target sitting at $5 on confirmation of a breakout.
Big move on the horizon for #PancakeSwap.#CAKE #Altcoins pic.twitter.com/EeLkLA191F
— Bitcoinsensus (@Bitcoinsensus) October 2, 2025
Others think not only will CAKE USD roar above $5 but can easily double to $10 if “momentum accelerates.”
(Source: MihaiTrader, X)
PancakeSwap Building, Releases CakePad and Stock Perpetuals
PancakeSwap’s recent developments is paving the road to $5 and $10.
While surging BNB USD prices help lift ecosystem tokens, the developers behind the largest DEX on the Binance Smart Chain are also fanning demand.
Earlier today, they announced CakePad, a new launchpad that builds on the Initial Farming Offerings (IFO) platform.
Ditching old staking pools and lock-up hassles, CakePad now allows users to commit any amount of CAKE from non-custodial wallets if they want to access projects that can explode on CEX listing.
(Source: PancakeSwap)
When events are oversubscribed, a system kicks in to ensure a fair, tiered subscription tax promoting inclusivity while channeling +100% of those fees to CAKE crypto burns.
Beyond CakePad, PancakeSwap is also innovating and has introduced stock perpetuals on October 3.
AAPL, AMZN & TSLA are now available on PancakeSwap Perpetuals
Trade your favorite assets with up to 25x leverage on @BNBCHAIN
Trade now → https://t.co/UmKrYS3BCu
How it works → https://t.co/qGtIy6wXMs pic.twitter.com/rNo4K0SjoY— PancakeSwap (@PancakeSwap) August 6, 2025
Some of the top U.S. equities now available for trading include Google, Meta, and Nvidia stocks, tradable with a 25X leverage.
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PancakeSwap DEX CakePad, Stock Trading: CAKE USD To $5?
- PancakeSwap is a top DEX on the BSC
- CAKE USD traders targeting $5
- DEX now supports stock trading with up to 25X leverage
- PancakeSwap announces CakePad
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