Vavada Banner
BTC $77,796.00 (-0.24%)
ETH $2,320.78 (-0.47%)
XRP $1.42 (-0.81%)
BNB $628.00 (-0.43%)
SOL $85.34 (-1.38%)
TRX $0.32 (-0.02%)
DOGE $0.10 (-0.38%)
HYPE $42.30 (+2.79%)
LEO $10.37 (+0.83%)
ADA $0.25 (-2.00%)
BCH $447.53 (-1.27%)
XMR $392.50 (+1.74%)
LINK $9.33 (-1.10%)
ZEC $358.84 (+1.12%)
CC $0.15 (-1.03%)
XLM $0.17 (-1.50%)
M $4.17 (-3.11%)
LTC $55.47 (-1.34%)
AVAX $9.25 (-2.11%)
HBAR $0.09 (-1.72%)

Pancakeswap Burns 8,989,683 CAKE Tokens this Week

Twitter icon  •  Published hace 1 año on December 17, 2024  •  Hassan Maishera

On Monday, the Pancakeswap team told its community via X that it had burned 8,989,683 CAKE tokens (worth $30 million) this week.

Pancakeswap Burns 8,989,683 CAKE Tokens this Week

On Monday, the Pancakeswap team told its community via X that it had burned 8,989,683 CAKE tokens (worth $30 million) this week. The decentralized exchange generated 127k CAKE ($417k) in trading fees for its V2 Swap and Perpetual market, up 17% from the previous week. Pancakeswap also generated 181k CAKE ($594k), up 19%.

The Predictions and Lottery markets generated 54k CAKE ($178k) and 32k CAKE ($105k), respectively. The NFT marketplace generated 200 CAKE ($600), up 20% 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 2.5% today and is currently trading at $3.242.

Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
Next article Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
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