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Pancakeswap Burned Another 990k CAKE Tokens Last Week

Twitter icon  •  Published 5 months ago on November 18, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 990k CAKE ($2.38M). T

Pancakeswap Burned Another 990k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 990k CAKE ($2.38M). The deflation figure follows the burning of 243k CAKE ($584k) by AMM V2, down 55%, and the destruction of 634k CAKE ($1.52M) by AMM V3, down 21%. AMM Infinity also destroyed 29.6k CAKE ($71.0k). Other Sources (Prediction, Perpetual, etc.) burned 83k CAKE ($200k), down 11%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 2.1% today and is currently trading at $2.324.

 

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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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