OKX Banner
BTC $65,078.00 (+0.20%)
ETH $1,918.71 (+0.10%)
BNB $607.33 (+0.70%)
XRP $1.04 (+0.00%)
SOL $77.13 (+1.50%)
TRX $0.33 (+0.30%)
HYPE $54.67 (-0.20%)
DOGE $0.07 (-0.60%)
RAIN $0.01 (-0.50%)
LEO $9.71 (+0.10%)
ZEC $514.70 (+2.00%)
XMR $397.60 (+2.80%)
ADA $0.20 (-1.30%)
LINK $8.33 (-0.10%)
XLM $0.16 (-1.50%)
BCH $216.00 (-0.20%)
CC $0.10 (+4.50%)
GRAM $1.34 (-1.30%)
LTC $46.11 (+0.50%)
USDG $1.00 (+0.00%)

Pancakeswap’s Deflation Tops 606k CAKE Tokens Last Week

Twitter icon  •  Published 1 year ago on July 30, 2025  •  Hassan Maishera

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 606k CAKE ($1.98M).

Pancakeswap’s Deflation Tops 606k CAKE Tokens Last Week

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 606k CAKE ($1.98M). The deflation figure comes after AMM V2 burned 119k CAKE ($390k), down 7%, and AMM V3 destroyed 562k CAKE ($1.84M), up 16%. AMM Infinity also destroyed 3.7k CAKE ($12.3k).  Other Sources (Prediction, Perpetual, etc.) burned 71k CAKE ($234k), down 12%.

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down 5.8% today and is currently trading at $2.843.

KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
Next article KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
OKX Banner

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
Cybet Banner
OKX Banner