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Pancakeswap Burned Another 1.28M CAKE Tokens Last Week

Twitter icon  •  Published 2 months ago on November 12, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 1.28M CAKE (-$3.25M).

Pancakeswap Burned Another 1.28M CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 1.28M CAKE (-$3.25M). The deflation figure follows the burning of 538k CAKE ($1.37M) by AMM V2, down 20%, and the destruction of 800k CAKE ($2.04M) by AMM V3, up 26%. AMM Infinity also destroyed 24.7k CAKE ($62.9k). Other Sources (Prediction, Perpetual, etc.) burned 94k CAKE ($239k), down 5%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 2.4% today and is currently trading at $2.543.

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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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