BTC $89,403.00 (-2.88%)
ETH $2,978.99 (-6.06%)
BNB $879.11 (-5.20%)
XRP $1.90 (-3.22%)
SOL $127.72 (-4.22%)
TRX $0.30 (-4.32%)
DOGE $0.13 (-1.92%)
ADA $0.36 (-2.12%)
BCH $589.71 (+1.49%)
XMR $494.25 (-18.73%)
LINK $12.34 (-3.76%)
LEO $8.76 (-2.09%)
XLM $0.21 (-1.67%)
ZEC $355.41 (-2.58%)
SUI $1.51 (-3.27%)
AVAX $12.27 (-3.51%)
LTC $68.81 (-2.02%)
HYPE $21.53 (-9.10%)
CC $0.13 (+10.08%)
SHIB $0.00 (-1.09%)
Back to News

Pancakeswap’s CAKE Deflation Hits 562k Last Week

Twitter icon  •  Published 7 months ago on June 4, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 562k CAKE ($1.30M).

Pancakeswap’s CAKE Deflation Hits 562k Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 562k CAKE ($1.30M). The deflation figure comes after AMM V2 burned 83k CAKE ($424k), down 41%, and AMM V3 destroyed 457k CAKE ($1.06M), up 60%. Other Sources (Prediction, Perpetual, etc.) burned 71k CAKE ($164k), down 8%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 1.4% today and is currently trading at $2.422.

 

TenX Protocols Acquires Tez (XTZ) as Part of Strategic Partnership with the Tezos Foundation
Next article TenX Protocols Acquires Tez (XTZ) as Part of Strategic Partnership with the Tezos Foundation

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