Beacon
Trade CAKE

CAKE (CAKE) Perpetuals on Hyperliquid

$1.26-2.29%
Volume 24h
$130.1K
Open Interest
$964.5K
Funding (8h)
-0.3047%
Sentiment
Bullish

CAKE (CAKE) is trading at $1.26, down 2.29% in the last 24 hours. The market sentiment is bullish with 59% of top traders holding long positions. Funding rate is negative at -0.3047%, indicating bearish pressure.

Market Sentiment Analysis

Bullish
59.0% Long41.0% Short
Long Traders
14
Short Traders
31
Long Value
$238.4K
Short Value
$165.6K

Sentiment data is aggregated from top leaderboard traders on Hyperliquid. A bullish reading indicates that the majority of successful traders are positioned long on CAKE.

Top Trader Positions

All-Time LeaderboardROI > 0%

44 traders with open CAKE positions from the all-time leaderboard. X-axis: PnL, Y-axis: ROI, Size: Position value. Green = Long, Red = Short. Click a bubble to view trader profile.

Liquidation Levels

Trading Signals

Volume Surge
LONG·$5.1K
BRONZE
14h ago
Volume Surge
SHORT·$3.1K
BRONZE
15h ago
Volume Surge
SHORT·$7.0K
BRONZE
15h ago
Volume Surge
SHORT·$5.5K
BRONZE
17h ago
Volume Surge
SHORT·$13.5K
BRONZE
18h ago

20 recent signals: 20 Volume Surges. Signals detect coordinated moves, volume anomalies, and large position changes from top traders.

Recent Liquidations

No recent liquidations recorded

Largest Positions

10x0104...703a
$138.1K$-5.1K
20x31ca...974b
$125.9K+$4.5K
30x023a...2355
$77.2K$-62.1K
40xaea8...e59b
$66.4K+$106.4K
50x1840...86b5
$25.7K+$8.4K
60x8cc9...2b6a
$25.0K$-9.4K
70x7c93...c8fd
$24.2K+$1.6K
80x1ebc...09bf
$10.7K+$13.8K

Top CAKE positions from leaderboard traders. Click to view full profile.

Trade CAKE on Beacon

Real-time signals, sentiment analysis, and advanced trading tools.

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Season 1 Points Active

Trade CAKE Perpetuals on Hyperliquid

Professional trading interface with real-time signals, sentiment analysis, cohort data, and liquidation alerts for CAKE.

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CAKE Data Pages

CAKE Funding RateCAKE LiquidationsCAKE Open Interest

CAKE Alerts

CAKE AlertsCAKE SignalsCAKE Liquidation AlertsCAKE Whale Alerts

Trading Tools

Liquidation CalculatorPnL CalculatorPosition Size CalculatorFunding Rate Calculator

Frequently Asked Questions about CAKE

CAKE (CAKE) is currently trading at $1.26 on Hyperliquid perpetuals. The price has decreased by 2.29% in the last 24 hours.
The current CAKE funding rate is negative at -0.3047% per 8 hours. A negative funding rate means short positions pay long positions, indicating bearish market sentiment.
Based on top trader positioning, CAKE market sentiment is currently bullish. 59% of successful leaderboard traders are holding long positions, while 41% are short. This sentiment is calculated from 45 active traders.
CAKE has a 24-hour trading volume of $130.1K on Hyperliquid perpetuals. High volume indicates strong market interest and typically means tighter spreads and better liquidity for traders.
The current open interest for CAKE perpetuals is $964.5K. Open interest represents the total value of all outstanding derivative contracts. Increasing open interest with rising prices typically indicates a bullish trend, while increasing OI with falling prices suggests bearish momentum.
Beacon tracks liquidation levels from top leaderboard traders. Currently, there are 44 tracked positions with visible liquidation prices. Long liquidations cluster below the current price, while short liquidations are above. Use the liquidation heatmap above to visualize these levels and identify potential price magnets.
To trade CAKE on Hyperliquid: 1) Connect your wallet to Beacon or the Hyperliquid DEX, 2) Deposit USDC as collateral, 3) Select CAKE from the markets list, 4) Choose your leverage (up to 50x for major pairs), and 5) Enter your position size and execute. Beacon provides additional tools like trading signals, sentiment analysis, and liquidation alerts to help inform your trades.