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Pancakeswap’s Deflation Tops 606k CAKE Tokens Last Week

Share on X 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.

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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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