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Pancakeswap Burned Another 498k CAKE Tokens Last Week

Twitter icon  •  Published vor 2 Wochen on January 6, 2026  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 498k CAKE ($1.02M).

Pancakeswap Burned Another 498k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 498k CAKE ($1.02M). The deflation figure follows the burning of 167k CAKE ($344k) by AMM V2, down 9%, and the destruction of 208k CAKE ($428k) by AMM V3, up 33%. AMM Infinity also destroyed 36.7k CAKE ($76k), down 10%. Other Sources (Prediction, Perpetual, etc.) burned 86k CAKE ($177k), up 10%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 0.06% today and is currently trading at $2.064.

 

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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.

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