Vavada Banner
BTC $77,493.00 (-1.75%)
ETH $2,319.69 (-4.14%)
XRP $1.42 (-2.96%)
BNB $635.93 (-2.46%)
SOL $85.65 (-3.93%)
TRX $0.33 (-1.17%)
DOGE $0.10 (-1.83%)
HYPE $41.22 (-0.32%)
LEO $10.28 (-0.92%)
ADA $0.25 (-3.12%)
BCH $455.55 (-1.90%)
XMR $374.37 (-1.25%)
LINK $9.26 (-2.97%)
XLM $0.18 (-1.01%)
M $4.47 (+4.11%)
CC $0.15 (-2.04%)
ZEC $330.18 (+3.08%)
LTC $55.55 (-1.21%)
AVAX $9.27 (-3.06%)
HBAR $0.09 (-0.75%)

Pancakeswap’s Deflation Tops 606k CAKE Tokens Last Week

Twitter icon  •  Published 8 months 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.

The PACE Act: A Direct Line to the Fed for Crypto Payments
Next article The PACE Act: A Direct Line to the Fed for Crypto Payments
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
BC.game Banner
OKX Banner