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Pancakeswap Burned Another 415k CAKE Tokens Last Week

Twitter icon  •  Published 5 months ago on August 27, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 415k CAKE (-$1.08M).

Pancakeswap Burned Another 415k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 415k CAKE (-$1.08M). The deflation figure comes after AMM V2 burned 164k CAKE ($425k), up 62%, and AMM V3 destroyed 316k CAKE ($820k, down 23%. AMM Infinity also destroyed 4.5k CAKE ($11.7k).  Other Sources (Prediction, Perpetual, etc.) burned 83k CAKE ($216k), up 15%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 1.5% today and is currently trading at $2.625.

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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.