OKX Banner
BTC $63,773.00 (+0.20%)
ETH $1,893.09 (+0.40%)
BNB $612.89 (-0.10%)
XRP $1.01 (-0.60%)
SOL $76.40 (+0.30%)
TRX $0.34 (+0.90%)
HYPE $57.18 (+5.10%)
DOGE $0.07 (-2.10%)
RAIN $0.01 (-3.40%)
LEO $9.38 (+2.70%)
ZEC $495.83 (+2.90%)
XMR $393.06 (+3.10%)
ADA $0.18 (-1.30%)
LINK $8.76 (+1.00%)
XLM $0.16 (-0.20%)
BCH $214.81 (+0.90%)
CC $0.10 (+0.20%)
GRAM $1.34 (-1.50%)
LTC $44.95 (-0.80%)
USDG $1.00 (+0.00%)

Pancakeswap Burns Another 8,743,965 CAKE Tokens This Week

Twitter icon  •  Published 2 years ago on November 21, 2023  •  Hassan Maishera

The Pancakeswap team told its community via X (formerly Twitter) on Monday that it has burned 8,743,965 CAKE tokens (worth $22 million) this week.

Pancakeswap Burns Another 8,743,965 CAKE Tokens This Week

The Pancakeswap team told its community via X (formerly Twitter) on Monday that it has burned 8,743,965 CAKE tokens (worth $22 million) this week. The decentralized exchange generated 128k CAKE ($323k) in trading fees for its V2 Swap and Perpetual market, down by 36% from the previous week. Pancakeswap also generated 101k CAKE ($253k) for V3. The Predictions and Lottery markets generated 48k CAKE ($122k) and 25k CAKE ($62k), respectively. The NFT marketplace generated 9k CAKE ($2k)), up by 9% 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 up by 8% today and is currently trading at $2.675.

Real Opens New $ASSET Staking Round With 75,000 USDC in Rewards
Next article Real Opens New $ASSET Staking Round With 75,000 USDC in Rewards
OKX Banner

Author

Read Hassan Maishera's articles →
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.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
Cybet Banner
OKX Banner