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View ChartBakeryToken (BAKE) is the native BEP-20 governance and utility token of BakerySwap, a decentralised automated market-making (AMM) protocol built on BNB Smart Chain. Launched in September 2020, BakerySwap was one of the earliest AMMs to emerge on BSC, combining decentralised exchange functionality with liquidity mining, staking, and yield farming. Liquidity providers are rewarded with BAKE tokens, which can be used to earn a share of BakerySwap's trading fees and to participate in governance voting. The token also falls under the Gaming, Collectibles & NFTs, and DeFi categories, reflecting the platform's broader ecosystem ambitions. BAKE has a total supply of approximately 289.77 million tokens, with a circulating supply that closely matches the total supply, indicating that nearly all tokens are already in circulation. The project is positioned as a DeFi utility token powering one of the earliest AMMs on BSC, and it remains active with ongoing liquidity incentives and governance functions.
The team behind BakeryToken is an anonymous group of developers who believe in the future of decentralised autonomous organisations (DAOs). The project was built by an anonymous team, and no individual founders or core team members have been publicly identified. This anonymity is consistent with the broader DeFi ethos of decentralisation, where the focus is placed on the protocol and its community rather than on identifiable figureheads. While the lack of a public team can make it harder for investors to assess accountability, the project has undergone security checks and maintains on-chain monitoring. Detailed public information about the team's background is currently limited.
BakerySwap operates as a decentralised automated market-making protocol on BNB Smart Chain. Users can earn BAKE tokens by providing liquidity to the platform's pools. BakerySwap offers liquidity pools for a range of altcoins, initially including BTC, ETH, DOT, LINK, BUSD, and BAKE versus BNB. The platform distinguishes between two types of liquidity pools: those with BAKE rewards and those without, a design intended to facilitate the creation of new liquidity pools by the community. Only designated pools receive BAKE rewards, and the reward multiplier for each pool varies based on the value it provides to BAKE holders. The BAKE-BNB pool is expected to provide ten times the rewards compared to other pools. BakerySwap charges a 0.30% fee on all swaps and trades, out of which 0.25% goes to liquidity providers. Liquidity providers receive liquidity pool tokens representing their share of each pool, which can then be staked to farm BAKE token rewards. The network is secured through real-time security monitors and intelligence systems, with on-chain monitoring and multiple security checks in place.
BakeryToken derives its value from its role in powering one of the earliest AMMs on BNB Smart Chain, a position that gives it historical significance within the BSC DeFi ecosystem. The dual-pool structure, which separates pools with BAKE rewards from those without, allows the community to create new liquidity pools freely while directing incentives toward pools that provide the most value to BAKE holders. The BAKE-BNB pool's ten-times reward multiplier creates a strong incentive for liquidity provision in that pair. Additionally, BAKE holders benefit from transaction fee dividends and governance voting rights, aligning token holders with the platform's long-term success. The token's classification under Gaming, Collectibles & NFTs alongside DeFi suggests an ecosystem that extends beyond simple swapping into broader digital collectible and gaming applications. CertiK's rating of 3.9 provides an independent security reference point for the protocol.
BAKE serves multiple functions within the BakerySwap ecosystem. It is primarily a governance token, allowing holders to participate in voting on platform decisions. BAKE holders can also receive transaction fee dividends, giving them a direct economic stake in the platform's trading activity. The token is used for liquidity incentives, rewarding users who provide liquidity to BakerySwap pools. Additionally, BAKE supports staking and yield farming, enabling holders to earn additional returns by locking their tokens or participating in farming pools. Liquidity providers can stake Bakery LP tokens to farm BAKE token rewards, creating a layered incentive structure. These utilities combine to make BAKE a DeFi utility token that powers the platform's liquidity, governance, and reward mechanisms.
The BakerySwap ecosystem continues to operate as a decentralised exchange and automated market maker on BNB Smart Chain, offering liquidity pools for altcoins such as LINK and DOT. The platform supports community-driven pool creation, with BAKE rewards directed to designated pools based on their value to the ecosystem. BakeryToken is currently trading on 332 active markets, with listings across centralised and decentralised exchanges, as well as spot, perpetual, and futures markets. The project maintains an active presence across multiple data aggregators and price trackers, and it has been covered in third-party analysis articles and price prediction pieces. The ecosystem's inclusion of Gaming and Collectibles & NFTs categories indicates an ongoing focus on expanding beyond traditional DeFi functionality into digital collectibles and gaming-related applications.
BAKE is not mined through traditional proof-of-work mechanisms. Instead, it is earned through liquidity provision and yield farming on the BakerySwap platform. Users provide liquidity to designated pools, receiving liquidity pool tokens that represent their share. These LP tokens can then be staked to farm BAKE token rewards. The BAKE-BNB pool is expected to provide ten times the rewards compared to other pools, making it a focal point for yield farmers. Rewards are distributed across several liquidity pools in different proportions, with the multiplier for each pool determined by its value to BAKE holders. This model incentivises users to contribute liquidity to the platform while earning BAKE tokens as compensation for their participation and risk.
Keeping BAKE tokens safe requires following standard cryptocurrency security practices. Since BAKE is a BEP-20 token on BNB Smart Chain, users should store their tokens in a reputable wallet that supports BEP-20 assets. Hardware wallets offer the highest level of security by keeping private keys offline. Users should never share their private keys or seed phrases with anyone, and they should verify contract addresses before interacting with any token. The official BAKE contract address is 0xE02dF9e3e622DeBdD69fb838bB799E3F168902c5, and users should confirm this address on BscScan before conducting transactions. When providing liquidity or staking, users should review the platform's security measures and be aware of the risks inherent in DeFi protocols. BakeryToken maintains real-time security monitors and on-chain monitoring, and it has a CertiK rating of 3.9. As with all crypto assets, prices are highly volatile, and users should exercise caution and conduct their own research before making investment decisions.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BAKE are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of BakeryToken (BAKE) is ₹0.0199. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BAKE to USD rate at the top of BTCC’s price page. In terms of market scope, BakeryToken records a 24h trading volume of ₹1.785576K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹57.315118L. Its current circulating supply stands at 28.98Cr out of a maximum supply cap of ∞.
The price volatility of BakeryToken (BAKE) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (28.98Cr) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, BakeryToken (BAKE) hit an all-time high (ATH) of ₹812.573343 on 2021-05-02 13:25, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.018613 on 2026-09-10 08:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BAKE futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹1.785576K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BAKEUSDT perpetual contracts support two-way trading. If you anticipate a price decline for BakeryToken, simply log into your BTCC account with USDT margin available, navigate to the BAKEUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BAKEUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.0199), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BAKEUSDT with zero financial risk.
Trading BakeryToken (BAKE) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BAKEUSDT, and review its live price (₹0.0199) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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