PancakeSwap Token
Cake
4qQe...89HL
Latest insights
- PancakeSwap $1.63 5.1% PancakeSwap (CAKE) Supply Reduced by 14.5% via Buyback-and-Burn CAKE's total supply decreased by ~14.5% from 391.6M to 334M. A fee-funded buyback-and-burn mechanism, utilizing protocol fees, caused this ~58M reduction, making CAKE structurally deflationary.
- PancakeSwap's mid-year recap reports over $4.2 trillion cumulative trading volume and 197 million users. The platform burned 56-57 million CAKE, marking 34 months of net supply reduction and new product launches.
- PancakeSwap v3 processed $3 billion in spot DEX trading volume for tokenized stocks. This significant activity signals a shift towards 24/7 trading and increased financial accessibility within the market.
Price
$1.87
Market cap
$595.57M
Liquidity
$59.7K
24h volume
$10.5K
Trade
You receive Cake
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News feed
PancakeSwap Weekly CAKE Burn Rises 27% as 365,000 Tokens Are Destroyed
PancakeSwap burned 365,000 CAKE worth about $690K last week, removing a net 214,000 CAKE from supply as v2 and v3 pools drove most of the burn.
PancakeSwap CAKE holders on opBNB have four weeks to move their tokens
PancakeSwap has told $CAKE holders on opBNB to bridge out before Nov 23, 00:00 UTC, when the LayerZero-powered route stops working after LayerZero ended opBNB support.
Is $CAKE about to get even more deflationary?!
PancakeSwap's 'The Flip' proposal would give liquidity providers 88% of v3 and Infinity swap fees and cut daily CAKE emissions from 22,500 to 7,000.
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