PancakeSwap Burns 56M CAKE Tokens, 14% of Peak Supply Eliminated

🔥 56M tokens vanish

By PancakeSwap
Jul 13, 2026, 2:43 PM
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PancakeSwap has burned 56 million CAKE tokens since its peak supply, reducing total circulation from 391 million to 335 million tokens.​

Key Metrics:

  • 14% of peak supply permanently removed
  • 34 consecutive months of supply reduction
  • Sustained deflationary pressure maintained

The burn represents a structural shift in CAKE's tokenomics, with June marking nearly three years of continuous supply contraction.​ This deflationary mechanism removes tokens from circulation permanently, potentially affecting long-term supply dynamics.​

The milestone demonstrates ongoing token economics management through systematic burns rather than inflationary expansion.​

Sources
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