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Pancakeswap Burned Another 777k CAKE Tokens Last Week

Share on X icon · Published 8 months ago on February 4, 2026 · Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 777k CAKE ($1.17M).

Pancakeswap Burned Another 777k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 777k CAKE ($1.17M). The deflation figure follows the burning of 449k CAKE ($678k) by AMM V2, up 8%, and the destruction of 205k CAKE ($310k) by AMM V3, down 15%. AMM Infinity also destroyed 21.5k CAKE ($33k), down 23%. Other Sources (Prediction, Perpetual, etc.) burned 102k CAKE ($154k), up 3%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 0.4% today and is currently trading at $1.58.

PancakeSwap Burns $1.28M in CAKE as Weekly Deflation Continues
Next article PancakeSwap Burns $1.28M in CAKE as Weekly Deflation Continues

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Hassan Maishera
Hassan Maishera Senior Reporter

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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