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Pancakeswap Burned Another 554k CAKE Tokens Last Week

Twitter icon  •  Published 1 month ago on December 16, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 554k CAKE ($1.21M).

Pancakeswap Burned Another 554k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 554k CAKE ($1.21M). The deflation figure follows the burning of 239k CAKE ($522k) by AMM V2, up 8%, and the destruction of 222k CAKE ($484k) by AMM V3, down 26%. AMM Infinity also destroyed 14.5k CAKE ($31.5k) Other Sources (Prediction, Perpetual, etc.) burned 79k CAKE ($172k), down 7%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 6.8% today and is currently trading at $2.011.

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.