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Pancakeswap Burned Another 1.42M CAKE Tokens Last Week

Twitter icon  •  Published il y a 1 mois on November 4, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 1.42M CAKE ($3.28).

Pancakeswap Burned Another 1.42M CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 1.42M CAKE ($3.28). The deflation figure follows the burning of 671k CAKE ($1.55M) by AMM V2, up 23%, and the destruction of 632k CAKE ($1.46M) by AMM V3, down 5%. AMM Infinity also destroyed 17.8k CAKE ($41.1k). Other Sources (Prediction, Perpetual, etc.) burned 98k CAKE ($227k), down 26%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 6.4% today and is currently trading at $2.19.

 

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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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