The CAKE-USDC perpetual on SilkDEX tracks PancakeSwap (CAKE) and is margined and settled in USDC on Orderly Network's omnichain order book. Up to 10x leverage, funding every 4 hours, $10 minimum order. Connect a wallet on any of 12 chains and trade.
| Underlying | PancakeSwap (CAKE) |
|---|---|
| Max leverage | 10x |
| Margin & settlement | USDC |
| Funding interval | every 4 hours |
| Funding cap | ±2% per interval |
| Initial / maintenance margin | 10% / 5% |
| Minimum order | $10 notional |
| Trading fee | 0.1% maker / 0.1% taker |
| Listed by | Orderly Network |
| Liquidation fee | 1.2% of the liquidated notional (up to 0.6% to the liquidator, the rest to the insurance fund) |
| Listed on Orderly | 2025-02-18 |
BTC-USDC · ETH-USDC · SOL-USDC · Browse all markets · How funding works · FAQ
10x. The CAKE-USDC perpetual has a 10% initial margin requirement and a 5% maintenance margin; larger positions need more margin, so the usable leverage drops as size grows.
Every 4 hours. Longs pay shorts when the rate is positive and shorts pay longs when it is negative; the rate is capped at ±2% per interval. The live rate and countdown are shown in the trading terminal.
The standard fee is 0.1% maker / 0.1% taker on the notional value of each fill — 1 USDC on a 1,000 USDC taker fill — shown in the order panel before you confirm. Open positions also pay or receive funding every 4 hours.
$10 of notional. Orders are margined and settled in USDC.
Connect an EVM or Solana wallet on any of 12 supported chains, deposit USDC, open the CAKE-USDC market and place a market, limit or stop order, long or short. The contract tracks PancakeSwap (CAKE).