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Pancakeswap Burned Another 786k CAKE Tokens Last Week

Twitter icon  •  Published 3 months ago on January 27, 2026  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 786k CAKE ($1.48M).

Pancakeswap Burned Another 786k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 786k CAKE ($1.48M). The deflation figure follows the burning of 417k CAKE ($784k)by AMM V2, down 25%, and the destruction of 242k CAKE ($455k) by AMM V3, up 23%. AMM Infinity also destroyed 27.9k CAKE ($52k), up 12%. Other Sources (Prediction, Perpetual, etc.) burned 99k CAKE ($186k), up23%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 0.9% today and is currently trading at $1.892.

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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.