Vavada Banner
BTC $78,086.00 (+1.06%)
ETH $2,347.89 (+1.81%)
XRP $1.43 (+0.17%)
BNB $631.96 (+0.54%)
SOL $86.54 (+0.59%)
TRX $0.32 (-0.09%)
DOGE $0.10 (+0.95%)
HYPE $41.39 (+0.88%)
LEO $10.29 (+0.34%)
ADA $0.25 (+1.02%)
BCH $451.54 (-0.50%)
XMR $402.52 (+7.71%)
LINK $9.48 (+1.61%)
ZEC $355.62 (+0.10%)
CC $0.15 (-1.14%)
M $4.38 (+1.21%)
XLM $0.17 (-0.17%)
LTC $55.98 (-0.90%)
AVAX $9.47 (+1.35%)
HBAR $0.09 (+2.29%)

Pancakeswap Burns 8,730,145 CAKE Tokens This Week

Twitter icon  •  Published 2 years ago on June 20, 2023  •  Hassan Maishera

The Pancakeswap team told its community via Twitter on Tuesday that it has burned 8,730,145 CAKE tokens (worth $12 million) this week.

Pancakeswap Burns 8,730,145 CAKE Tokens This Week

The Pancakeswap team told its community via Twitter on Tuesday that it has burned 8,730,145 CAKE tokens (worth $12 million) this week. The decentralized exchange generated 203k CAKE ($284k) in trading fees for its V2 Swap and Perpetual market, down by 7% from the previous week. Pancakeswap also generated 80k CAKE ($111k) for V3. The Predictions and Lottery markets generated 114k CAKE ($159k and 27k CAKE ($37k), respectively. The NFT marketplace generated 800 CAKE ($1k), down by 17% from last week.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down by 1% today and is currently trading at $1.389.

REAL Partners With RWA Inc. to Advance Infrastructure for Tokenized Real-World Assets
Next article REAL Partners With RWA Inc. to Advance Infrastructure for Tokenized Real-World Assets
OKX Banner

Author

Read Hassan Maishera's articles →
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.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
BC.game Banner
OKX Banner