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Pancakeswap’s Deflation Hits 436k CAKE Tokens Last Week

Twitter icon  •  Published 8 months ago on August 19, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 436k CAKE ($1.16M).

Pancakeswap’s Deflation Hits 436k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 436k CAKE ($1.16M). The deflation figure comes after AMM V2 burned 101k CAKE ($270k), down 39%, and AMM V3 destroyed 410k CAKE ($1.09M), down 4%. AMM Infinity also destroyed 5.1k CAKE ($13.5k).  Other Sources (Prediction, Perpetual, etc.) burned 73k CAKE ($194k), up 9%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 1.1% today and is currently trading at $2.639.

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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.