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Pancakeswap’s Deflation Tops 513k CAKE Tokens Last Week

Twitter icon  •  Published 8 months ago on August 13, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 513k CAKE ($1.4M).

Pancakeswap’s Deflation Tops 513k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 513k CAKE ($1.4M). The deflation figure comes after AMM V2 burned 167k CAKE ($460k), up 41%, and AMM V3 destroyed 427k CAKE ($1.18M), down 17%. AMM Infinity also destroyed 2.1k CAKE ($5.9k).  Other Sources (Prediction, Perpetual, etc.) burned 67k CAKE ($183k), down 16%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is up 3.47% today and is currently trading at $2.861.

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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.