Copied ₹0.16
₹ 0.16
Market Cap
₹ 7.87 M -1.1356%
Circulating Supply
288705000
Max Supply
731535870
Volume
₹ 8.35 K
All Time High :
₹ 621.26
All Time Low :
₹ 0.0163
Price change in 24H :
₹ -0.348297
24H High :
₹ 0.0277
24H Low :
₹ 0.0269
BakeryToken (BAKE) is the native token of BakerySwap, a decentralized exchange built on BNB Smart Chain (BSC). It is a BEP-20 token, which means it follows the token standard used on BNB Chain. BAKE gives holders governance rights over the platform and a share of its trading fees, and it is also used as a reward for providing liquidity.
BakerySwap operates as an automated market maker (AMM). Instead of matching buyers and sellers through an order book, users trade against pools of assets that other users have deposited. Liquidity providers receive LP tokens representing their share of a pool, and some pools pay BAKE rewards on top of trading fees.
BakerySwap has expanded beyond simple swaps. Recent reviews describe a token launchpad, liquidity rewards, staking, and an NFT marketplace where some listings are priced in BAKE.
BakeryToken launched in September 2020 as part of the BakerySwap ecosystem. The project was one of the early decentralized exchanges on Binance Smart Chain, at a time when BNB Chain was growing as a lower-fee alternative to Ethereum for DeFi activity. Liquidity providers were rewarded with BAKE, which they could use for governance voting and to earn a share of BakerySwap's trading fees.
BAKE reached an all-time high of about $8.48 on May 2, 2021, during the broader DeFi boom. Price data sites report that the token later fell more than 99 percent from that peak, to levels well below a cent by 2026. The decline tracks the wider collapse of many DeFi tokens after 2021, though it is also tied to the token's own supply dynamics and falling usage.
Over time, BakerySwap added an NFT marketplace and a token creation tool. Coverage of the platform in 2026 describes the NFT marketplace as a place where some listings are priced in BAKE, and where creators can mint NFTs with royalty settings. The platform also supports staking and liquidity rewards, and recent reviews note goals to make BAKE deflationary as a way to address inflation in the ecosystem.
1. Governance: BAKE holders can vote on proposals that affect the BakerySwap platform. Governance tokens let the community influence development decisions, such as which pools receive rewards, how fees are allocated, and which features are built.
2. Trading Fee Dividends: A portion of the fees collected on BakerySwap trades is distributed to BAKE holders. This is the most direct economic link between the token and platform activity. The value of this dividend depends on trading volume, so it tends to be larger when the platform is busy and smaller when activity declines.
3. Liquidity Rewards: Users who supply liquidity to designated pools receive BAKE rewards. BakerySwap runs two types of pools: pools that offer BAKE rewards and pools that do not. Only designated pools receive BAKE emissions. Rewards are a key tool for attracting liquidity, but they also add new tokens to circulation, which can put downward pressure on price if holders sell.
4. Staking: Users can stake BAKE directly or stake the LP tokens they receive from providing liquidity to earn more BAKE and participate in the ecosystem. Staking reduces the number of tokens available to trade, though it does not guarantee a price increase.
5. NFT Marketplace and Launchpad: BakerySwap's NFT marketplace and token creation tools give BAKE some utility beyond trading and governance. Listings denominated in BAKE create demand for the token when users buy NFTs with it, though that demand depends on activity on the platform.
Tokenomics matter because they determine how many new tokens enter circulation and who holds them.
Maximum supply: Market data sites report a maximum supply of approximately 289.8 million BAKE.
Circulating supply: Close to the maximum in some data sources, though figures differ.
Distribution: Rewards and emissions are central to how BAKE enters circulation. One 2026 review notes that the absence of a presale and team allocation for BAKE is sometimes cited as a positive, but critics have also questioned long-term commitment from the team in the absence of a clear allocation.
Burns and deflation: Recent reports mention plans to make BAKE deflationary. The mechanism and timing of any burns should be verified in official announcements, since I could not confirm a specific schedule.
Before judging tokenomics, check the current circulating supply, emission rate, and any scheduled unlocks on a reputable tracker.
BAKE price data is inconsistent across sources, partly because the token trades on several exchanges and some sites publish automatically generated coverage. Figures reported in 2026 include:
All-time high: About $8.48 in May 2021.
All-time low: About $0.00063 on April 19, 2026, according to CoinMarketCap-linked data.
Early April 2026 rebound: A price move of more than 60 percent in a single day after the low.
July 2026: A reported price of about $0.00075 and a market capitalization of roughly $218,000.
Late September and early October 2026: Auto-generated market reports listed the token around $0.0002, with market capitalizations below $2,000. These figures conflict with the July data, and their accuracy is uncertain.
The gap between these figures is a reason to be cautious. Before acting on any price, check the same token on several trackers and confirm the contract address.
Exchange listings and delistings have been a major driver of BAKE's recent news flow.
In early September 2025, Binance announced it would delist BAKE, along with HIFI Finance and Self Chain (SLF). The delisting took effect on September 17, 2025, at 3:00 UTC. The announcement caused a sharp price drop. BAKE was among the largest losers that day, with reports of a decline of more than 26 percent over 24 hours. Within days, the three low-cap tokens staged synchronized rebounds, showing how quickly delisting news can produce volatile moves in both directions.
Delisting from a major exchange reduces visibility and liquidity, especially for buyers who rely on that exchange's order book. Holders should check whether they can still trade BAKE on other venues and what fees and slippage apply.
Several other platforms also announced delistings, including WEEX, Tokocrypto, and an Indian platform, SunCrypto, which suspended buying services on February 14, 2026, and delisted BAKE from its INR spot market on February 19, 2026. SunCrypto said the token no longer met its listing criteria and advised users to sell before the deadline.
These actions do not necessarily reflect a problem with the protocol, but they affect where and how easily BAKE can be bought and sold.
1. Declining Usage and Liquidity: Governance and fee-dividend value both depend on the platform being used. If trading volume on BakerySwap falls, the fees paid to BAKE holders fall too.
2. Emission Pressure: Liquidity rewards add new BAKE to circulation. If recipients sell as rewards are paid, selling pressure can outweigh buying demand.
3. Exchange Delistings: Delistings reduce access and liquidity. Holders on delisted exchanges may need to move tokens or sell before deadlines.
4. Smart Contract and Protocol Risk: AMM protocols carry smart contract risk, including bugs, exploits, and governance attacks. Users should review audit reports and understand that no audit eliminates risk.
5. Impermanent Loss: Liquidity providers face impermanent loss, which occurs when the price ratio of pooled assets changes. Rewards in BAKE may not offset this loss, depending on market conditions.
6. Price Volatility: BAKE has fallen more than 99 percent from its 2021 peak. Price history shows that the token can move dramatically in both directions.
7. Regulatory Uncertainty: Decentralized exchanges and governance tokens face evolving regulation in many countries. Tax treatment of rewards, staking, and trading can also be complex.
Verify the contract address. Confirm the BEP-20 address through BakerySwap's official site or a trusted source before swapping or buying.
Check platform activity. Look at trading volume, liquidity depth, and the number of active pools on BakerySwap.
Understand the rewards. Confirm which pools pay BAKE, the reward rate, and how emissions affect supply.
Read governance proposals. Recent proposals show what the community is deciding and how active governance is.
Compare exchanges. Check where BAKE is still listed and what fees, withdrawal limits, and deadlines apply.
Consider impermanent loss before providing liquidity. Use a calculator to compare the reward rate with the risk of price divergence.
Only use funds you can afford to lose.
This article is educational and not financial advice.
The biggest recent event for BAKE was Binance's announcement in early September 2025 that it would delist the token, along with HIFI Finance and Self Chain, effective September 17, 2025. The announcement caused an immediate sell-off, and within days all three tokens staged volatile rebounds. The episode showed how strongly exchange status affects short-term price and liquidity.
Other exchanges followed with their own delistings. WEEX and Tokocrypto announced delistings with September dates, and SunCrypto, an Indian platform, suspended buying services for BAKE on February 14, 2026, and removed the token from its INR spot market on February 19, 2026, after what it described as a background review. Users on that platform were advised to sell before the deadline.
BAKE hit an all-time low of about $0.00063 on April 19, 2026, according to CoinMarketCap-linked data. Coverage later that month reported a surge of more than 60 percent in a single day as the token rebounded from that low. In July 2026, market data placed the price near $0.00075, with a market capitalization of roughly $218,000 and a 24-hour trading volume of about $1,100.
Late September and early October 2026 coverage, which appears to be automatically generated, reported lower prices around $0.0002 and market capitalizations below $2,000. These reports conflict with the July data and with each other, so they should be verified on live trackers before use.
BakerySwap continues to operate as a DEX and NFT marketplace, and 2026 reviews describe features including a token launchpad, liquidity rewards, staking, and NFT trading with BAKE as a payment option for some listings. Reviews also note that the platform has a relatively small asset list compared with larger DEXs and does not offer formal customer support.
Governance and tokenomics updates have also been discussed in 2026 coverage, including goals to make BAKE deflationary. I could not confirm a specific burn schedule or official timeline for these goals, so readers should check BakerySwap's official channels for current details.
BakerySwap and BakeryToken have historically used community events, most visibly AMAs (ask-me-anything sessions) hosted on Binance Live. Calendar sites listed several AMAs and live streams in September and October in an earlier year, which appear to have been the platform's main public-facing promotional activity.
I did not find a verified BakeryToken foundation or a formal marketing campaign run by a foundation in current sources. Promotion appears to come from the BakerySwap project team, community channels, and exchange-hosted events. Calendar aggregators I checked also showed no current upcoming events for the token, which suggests recent marketing has been limited.
Because BAKE shares a name with other tokens and trades across multiple platforms, impersonation is a risk. Verify the contract address on BscScan before buying, and avoid links shared through unsolicited messages or sponsored posts.
BakeryToken is the native governance and reward token of BakerySwap, a decentralized exchange on BNB Smart Chain.
BAKE gives holders voting rights on BakerySwap governance and a share of trading fees and can be earned as a reward for providing liquidity or staking.
Yes. BAKE holders can vote on platform decisions, such as proposals affecting pools and features.
BAKE is a BEP-20 token on BNB Smart Chain.
BakerySwap is a decentralized exchange and NFT marketplace built on BNB Chain. It uses an automated market maker model rather than an order book.
BAKE launched in September 2020.
Price data reports an all-time high of about $8.48 on May 2, 2021.
Binance announced in September 2025 that it would delist BAKE, HIFI, and SLF, effective September 17, 2025. Binance's announcement did not, in the sources I reviewed, include a detailed public rationale beyond the delisting itself.
Yes, BAKE continues to trade on some platforms and on BakerySwap itself, though access depends on exchange listings. Check current listings before relying on any one venue.
Users can earn BAKE by providing liquidity to designated BakerySwap pools or by staking tokens on the platform.
Market data reports a maximum supply of about 289.8 million tokens.
This article cannot give investment advice. BAKE is volatile and depends on platform activity. Consult a licensed financial adviser before making any decision.
DEX use involves smart contract risk and self-custody risk. Read the platform's security documentation and audit reports, and use only the official site.
A 2026 review notes that BAKE had no presale or team allocation. Verify tokenomics against official documentation.
Impermanent loss is the difference between the value of pooled assets and the value of holding them outside the pool, which occurs when the price ratio changes.