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Pancakeswap Burned Another 858k CAKE Tokens Last Week

Twitter icon  •  Published 5 days ago on January 20, 2026  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 858k CAKE ($1.73M).

Pancakeswap Burned Another 858k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 858k CAKE ($1.73M). The deflation figure follows the burning of 555k CAKE ($1.12M) by AMM V2, down 10%, and the destruction of 197k CAKE ($398k) by AMM V3, up 34%. AMM Infinity also destroyed 24.9k CAKE ($50k), up 16%. Other Sources (Prediction, Perpetual, etc.) burned 80k CAKE ($162k), down 1%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 0.7% today and is currently trading at $1.99.

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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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