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Pancakeswap’s CAKE Deflation Tops 610k Last Week

Twitter icon  •  Published 9 months ago on July 9, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 610k CAKE ($1.39M).

Pancakeswap’s CAKE Deflation Tops 610k Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 610k CAKE ($1.39M). The deflation figure comes after AMM V2 burned 163k CAKE ($371k), up 7%, and AMM V3 destroyed 525k CAKE ($1.20M), up 5%. AMM Infinity also destroyed 2.3k CAKE ($5.3k).  Other Sources (Prediction, Perpetual, etc.) burned 73k CAKE ($167k) -11%, 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 up 2.1% today and is currently trading at $2.297.

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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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