BakerySwap
BAKE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BakerySwap (BAKE) demonstrates severe signs of project decay and stalled development. Active development is near abandonment, highlighted by Binance delisting BAKE in September 2025 due to low development activity and project growth ('Binance delisted BAKE in September 2025, explicitly citing slow project growth and development activity deficiencies among its criteria'). The protocol suffers from collapsed liquidity, near-zero trading volume (~$1,500 daily), and a market capitalization reduced to approximately $216k-$230k. Governance and community engagement have degraded to minimal levels despite having ~126k on-chain holders from its 2021 peak. The founding team remains anonymous, and no verifiable modern audits or active protocol updates exist. Although no protocol exploits, smart contract hacks, or direct fraudulent mechanisms were identified, the project is functionally moribund with negligible adoption.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About BakerySwap (BAKE)
BakeryToken (BAKE) is the native BEP-20 utility and governance token for BakerySwap, an automated market maker (AMM) decentralized exchange and non-fungible token (NFT) marketplace launched on the BNB Chain in September 2020. The protocol facilitates token swaps, yield farming, and NFT trading. BAKE was structured to provide platform utility through governance voting and liquidity rewards, employing an inflationary block-reward distribution model alongside a 0.05% fee buyback-and-burn mechanism.
The project was established by an anonymous development team with no initial pre-sale or pre-reserved team allocations, distributing tokens primarily through farming rewards. Despite maintaining over 126,000 on-chain holder addresses, BakerySwap lacks verified active DAO governance proposals, and aggregator data reports conflicting maximum supply figures ranging between 277 million and 731 million BAKE. The project relies on unverified secondary claims regarding smart contract audits, with no recent security reviews on record.
BakerySwap has experienced severe developmental stagnation and market contraction. In September 2025, Binance delisted BAKE, explicitly citing deficiencies in development activity and slow project growth. The token has undergone a near-total price collapse from its 2021 peak, with its market capitalization falling to approximately $216,000–$230,000 and daily trading activity dropping to negligible levels. While no smart contract exploits, hacks, or regulatory proceedings have been recorded against the protocol, it remains in a low-activity state with minimal user adoption.