PancakeSwap bStocks volume hits $75M as CAKE sees net buying
PancakeSwap (CAKE)
Editor:
Eugene Serbin
bsc.news reports that PancakeSwap recorded approximately $75 million in single-day trading volume for bStocks tokens. This activity covered assets including SpaceX, Nvidia, Tesla, Apple, and GameStop, alongside index products tracking the Nasdaq-100 and S&P 500. These tokens are BEP-20 certificates on BNB Chain that represent real-world shares backed 1:1 by U.S. shares.
A built-in rebase mechanism handles dividends and splits automatically without manual airdrops. The full bStocks range now holds $624 million across 72 assets, with the holder count surging 370% in a month to over 981,000. PancakeSwap has handled around $3.1 to $3.3 billion in volume so far in 2026 for tokenized stocks.
This growth reflects a wider surge in tokenized stock trading on DEXs, rising from 0.1% of total DEX spot volume at the end of 2025 to over 4% in 2026. BNB Chain is now the largest blockchain for tokenized equities following the launch of bStocks, according to research firm Messari.
How the market reacted
Whalio's own Binance spot order flow for CAKE, measured when this story was written up on 8 September 2026. Not the outlet's figures.
CAKE is trading at $2.22 with a 24-hour buy ratio of 53.3%, indicating that buyers are controlling the majority of volume. The 1-hour buy ratio sits lower at 44.1%, suggesting that immediate short-term buying pressure is fading compared to the daily average. However, the 4-hour buy ratio is 54.5%, showing that buying interest remains strong over a slightly longer timeframe. The 24-hour Volume Delta is positive at $669,011, meaning net buying has outweighed net selling over the last day. This positive delta confirms that the market has been net long during this period. The 1-hour Volume Delta is -$16,318, indicating a brief shift toward net selling in the most recent hour.
The latest daily buy ratio of 43.6% sits at the 2nd percentile of the last 324 days, against a median of 50.6% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for CAKE, averaged over the days leading up to the story.
Over the preceding week, CAKE saw a 7-day average buy ratio of 49.5%, making today's 24-hour ratio of 53.3% an unusual day with 3.8 points higher buying pressure. Spot volume for the day was $10,186,664, which is 1.15 times the weekly average, signaling heightened activity. While the 24-hour Volume Delta was positive, the 8-day total Volume Delta was -$652,429, showing that net selling has dominated the broader weekly trend. The price increased by 18.8% over the last eight days despite this weekly net outflow. This day represents a temporary reversal of the weekly net selling trend observed over the past week.