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PancakeSwap CAKE Sees Strong Weekly Burns
PancakeSwap's latest weekly stats reveal a net CAKE reduction of 345k tokens worth $711k, despite new mints, as total product burns hit 498k CAKE ($1.02M) with an 8% increase from prior weeks. AMM v3 led the charge at 208k CAKE ($428k, +33%), outpacing v2's 167k while Infinity and other sources like Predictions added steady burns, reinforcing the platform's deflationary mechanics amid rising DeFi activity on BNB Chain.
#CAKEBurn
$CAKE
PancakeSwap's latest weekly stats reveal a net CAKE reduction of 345k tokens worth $711k, despite new mints, as total product burns hit 498k CAKE ($1.02M) with an 8% increase from prior weeks. AMM v3 led the charge at 208k CAKE ($428k, +33%), outpacing v2's 167k while Infinity and other sources like Predictions added steady burns, reinforcing the platform's deflationary mechanics amid rising DeFi activity on BNB Chain.
#CAKEBurn
$CAKE
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