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View ChartSakeToken (SAKE) is an ERC-20 governance token that operates on the Ethereum blockchain. It is positioned as a governance token in DeFi designed to support both the spot market and the futures market. This dual-market functionality is achieved through two primary products: SakeSwap, an automated market maker (AMM) decentralized exchange, and SakePerp, a perpetual contract platform. The project is a fork of Uniswap and Sushiswap, optimized in the AMM mechanism with a focus on improving the price curve and contributor reward model. SAKE holders are granted governance rights over the protocol, allowing them to participate in its development. SAKE is described as deflationary, with scarcity maintained through a token burn mechanism; the issuer does not publish a fixed maximum supply. Mining started on September 8, 2020, and the token's issue date is September 11, 2020. The team describes itself as an independent company founded in The Netherlands. CoinQm lists CMS Holdings, GBV Capital, Digital Renaissance, Longling Capital, Future Fund, and mgnr as investors.
The team behind SakeToken describes itself as an independent company founded in The Netherlands. The project launched SakeSwap in 2020. While the team has established a public presence through the official website and social channels, detailed public information about individual team members or founders is currently limited. The project lists X (Twitter) at @Sake_Perp_Swap, Telegram at t.me/Sake_Perp_Swap, Discord, GitHub, and Medium, where further information about the team and project development may be available.
SakeToken operates on the Ethereum blockchain as an ERC-20 token. Its core functionality is tied to two main products. SakeSwap is an AMM DEX that facilitates spot market trading. SakePerp is a perpetual contract product that enables futures market trading. SakeSwap is a fork of Uniswap and Sushiswap, optimized in the automated market maker (AMM) mechanism with a focus on improving the price curve and contributor reward model. The token contract includes delegation functionality, evidenced by DelegateChanged and DelegateVotesChanged events, which supports governance mechanisms. The contract also includes an approval mechanism and ownership transfer functionality. A UI Multiplier mechanism exists, based on the UIMultiplierUpdated event, which scales displayed token amounts; the contract ABI is available for public review. The contract was compiled with v0.6.12+commit.27d51765, optimization enabled with 200 runs, and no license specified; no contract security audit has been submitted. The contract source code is verified as an Exact Match on Etherscan.
SakeToken distinguishes itself by supporting both spot and futures markets within a single ecosystem. This dual-market approach, combining SakeSwap AMM DEX and SakePerp Perpetual Contract, aims to provide a more comprehensive trading experience. The project's focus on refining price curve mechanics and optimizing reward structures for contributors represents an attempt to improve upon existing DEX models. The token's deflationary nature and limited unit supply may appeal to holders seeking a governance token with constrained issuance. SAKE holders can govern the protocol's rights, and the token enables liquidity providers and traders to benefit from the protocol's development.
SAKE serves primarily as a governance token, entitling holders to govern the protocol's rights. This includes participation in decisions related to the development and operation of the SakeSwap and SakePerp platforms. The token also enables liquidity providers and traders to benefit from the protocol's development. Within the ecosystem, SAKE supports yield farming and staking activities, as indicated by Etherscan contract tags. SAKE can be used to pay for certain transaction fees within the protocol. Scarcity is maintained through a token burn mechanism to support long-term value. SAKE's deflationary tokenomics also supports ILO crowdfunding and farming. Crypto.com lists a price page and Onchain swapping for SAKE. Its utility is closely tied to the growth and adoption of the SakeSwap and SakePerp products.
The SakeToken ecosystem is built around two core products: SakeSwap, an AMM DEX, and SakePerp, a perpetual contract platform. The ecosystem supports yield farming and staking, which are designed to incentivize participation and liquidity provision. SAKE may also be available for swapping via Onchain. The project maintains an active community presence across multiple social platforms, including X, GitHub, Telegram, Discord, and Medium. According to CryptoSlate, 18 trading pairs are reported, while active exchanges are listed as 0; CoinMarketCap lists 14 active markets (snapshot). According to Etherscan, the token had 3,795 holders on the Ethereum network as of October 10, 2026.
SAKE is not a mineable cryptocurrency in the traditional sense, as it operates on the Ethereum blockchain as an ERC-20 token. Instead of mining, participants can acquire SAKE through yield farming and staking activities, which are supported within the SakeSwap and SakePerp ecosystem. Yield farming typically involves providing liquidity to the AMM DEX, while staking may involve locking tokens to earn rewards or participate in governance. These mechanisms are designed to incentivize liquidity providers and traders to contribute to the protocol's development and stability.
As an ERC-20 token on Ethereum, SAKE can be stored in any compatible Ethereum wallet that supports ERC-20 tokens. This includes hardware wallets, software wallets, and web-based wallets. Users should ensure they use a reputable wallet provider and safeguard their private keys or seed phrases. Since the token contract has no submitted security audit, users should exercise additional caution and conduct their own research before interacting with the contract or related platforms. It is advisable to verify the token contract address (0x066798d9ef0833ccc719076Dab77199eCbd178b0) when adding SAKE to a wallet to avoid counterfeit tokens. Storing large amounts in a hardware wallet and enabling two-factor authentication where available are recommended security practices. As with any cryptocurrency, the price of SAKE is subject to market volatility, and regulatory policies may affect its availability or use. Users should also be aware of technical risks, including smart contract vulnerabilities and the absence of a security audit.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SAKE 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 SakeToken (SAKE) is $0.000265. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SAKE to USD rate at the top of BTCC’s price page. In terms of market scope, SakeToken records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $26.962389K. Its current circulating supply stands at 101.86M out of a maximum supply cap of ∞.
The price volatility of SakeToken (SAKE) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (101.86M) 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, SakeToken (SAKE) hit an all-time high (ATH) of $3.256919 on 2020-09-13 15:55, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000265 on 2026-01-21 02:40. 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 SAKE 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 ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SAKEUSDT perpetual contracts support two-way trading. If you anticipate a price decline for SakeToken, simply log into your BTCC account with USDT margin available, navigate to the SAKEUSDT 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 SAKEUSDT 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: $0.000265), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SAKEUSDT with zero financial risk.
Trading SakeToken (SAKE) 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 SAKEUSDT, and review its live price ($0.000265) 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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