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Pancakeswap’s Deflation Tops 565k CAKE Tokens Last Week

Share on X icon · Published 1 year ago on August 5, 2025 · Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 565k CAKE ($1.47M).

Pancakeswap’s Deflation Tops 565k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 565k CAKE ($1.47M). The deflation figure comes after AMM V2 burned 119k CAKE ($309k), down 0%, and AMM V3 destroyed 517k CAKE ($1.35M)), down 8%. AMM Infinity also destroyed 3.7k CAKE ($9.6k).  Other Sources (Prediction, Perpetual, etc.) burned 79k CAKE ($205k), up 10%.

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% today and is currently trading at $2.623.

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Hassan Maishera
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.

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