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Pancakeswap Burned Another 894k CAKE Tokens Last Week

Share on X icon · Published 1 year ago on October 7, 2025 · Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 894k CAKE (-$3.24m).

Pancakeswap Burned Another 894k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 894k  CAKE (-$3.24m). The deflation figure follows the burning of 169k CAKE ($612k) by AMM V2, down 37%, and the destruction of 642k CAKE ($2.32M) by AMM V3, down 14%. AMM Infinity also destroyed 6.2k CAKE ($22.6k).  Other Sources (Prediction, Perpetual, etc.) burned 77k CAKE ($277k), down 6%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 9% today and is currently trading at $3.920.

 

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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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