Pancakeswap Burned Another 544k CAKE Tokens Last Week

Cryptowisser · 2025-12-02T06:48:15+00:00

Pancakeswap reported a deflation of 544k CAKE ($1.23m), driven by burns from its AMM versions and other sources. CAKE is currently up 4.8%, trading at $2.32.

Cryptowisser

2025-12-02 06:48:15

Abstract generation in progress

On Tuesday, the Pancakeswap team told its community via X that it had a deflation of 544k CAKE ($1.23m). The deflation figure follows the burning of 116k CAKE ($262k) by AMM V2, down 45%, and the destruction of 471k CAKE ($1.06M) by AMM V3, down 23%. AMM Infinity also destroyed 16.1k CAKE ($36.4k). Other Sources (Prediction, Perpetual, etc.) burned 94k CAKE ($213k), up 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 4.8% today and is currently trading at $2.32.

CAKE-0,6%

BNB-0,75%

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