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Pancakeswap Burned Another 1.11M CAKE Tokens Last Week

Twitter icon  •  Published 4 months ago on October 1, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 1.11M CAKE (-$3.07m).

Pancakeswap Burned Another 1.11M CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 1.11M CAKE (-$3.07m). The deflation figure comes after AMM V2 burned 271k CAKE ($745k), up 3%, and AMM V3 destroyed 750k CAKE ($2.06M), up 60%. AMM Infinity also destroyed 13.5k CAKE ($37.0k).  Other Sources (Prediction, Perpetual, etc.) burned 81k CAKE ($223k), up 8%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 1.9% today and is currently trading at $2.520.

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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.