PancakeSwap Burns Nearly 5M CAKE Tokens in October
PancakeSwap Burns Nearly 5M CAKE Tokens in October
🔥 5M CAKE vanished
PancakeSwap achieved major milestones in October with the launch of CAKE.PAD and record-breaking metrics.
Key Highlights:
- CAKE.PAD launched with 2 oversubscribed token sales, raising 118K+ CAKE
- Real World Assets (RWAs) now tradable: 100+ tokenized stocks, ETFs & bonds via Ondo Finance
- Monthly volume hit all-time high with 150M traders milestone
Token Economics:
- 4.99M net CAKE burned in October (5.66M burned, 674K minted)
- 26 consecutive months of supply reduction
- Total 33.8M CAKE permanently removed since September 2023
The platform continues expanding DeFi accessibility while maintaining deflationary tokenomics through consistent burning mechanisms.
Monthly Recap: October 🎃 CAKE.PAD live. RWAs onchain. Monthly volume ATH. 150M traders. Here’s the tl;dr 👇 • CAKE.PAD launched: 2 back-to-back token sales (@sigmadotmoney and @AiWhitebridge), 118K+ CAKE raised and burned, both massively oversubscribed • RWAs went onchain
🥞 PancakeSwap Now Supports 100+ Tokenized Real-World Assets from Ondo Finance
**PancakeSwap has integrated over 100 tokenized real-world assets (RWAs) from Ondo Finance**, enabling direct trading on the popular decentralized exchange. This integration expands access to tokenized assets, allowing users to trade RWAs alongside traditional crypto tokens on PancakeSwap's platform. **Key highlights:** - 100+ tokenized assets now available - Direct trading through PancakeSwap interface - Builds on Ondo Finance's previous integrations with other platforms The move represents continued growth in the RWA sector, making tokenized real-world assets more accessible to DeFi users through familiar trading interfaces.
🍯 PancakeSwap Launches New SIGMA Syrup Pool
**PancakeSwap introduces new staking opportunity** with SIGMA token integration. - Stake **$CAKE tokens** to earn **$SIGMA rewards** - Partnership with **@sigmadotmoney**, an autonomous yield engine - Built on **BNB Chain** infrastructure - Available through PancakeSwap's Syrup Pools feature This follows recent pool launches including $WILD (WilderWorld metaverse) and $MAVIA (mobile gaming) tokens. **Key Details:** - Autonomous yield generation mechanism - Native BNB Chain integration - Standard CAKE staking rewards structure [Start staking](https://pancakeswap.finance/pools)
Wall Street Meets DeFi: Ondo Finance and BNB Chain Leaders Discuss Tokenized Markets
**Wall Street's blockchain integration** takes center stage in an upcoming AMA featuring industry leaders. **Key participants:** - Matt Blumberg, Head of DeFi at Ondo Finance - Web3benx, GTM & Ecosystem Growth at BNB Chain **Discussion topics:** - Future of decentralized finance - Tokenized market developments - Traditional finance moving onchain **Event details:** - Date: November 6 - Time: 1:00 PM UTC - Platform: Twitter Spaces This follows BNB Chain's strong DeFi performance with **$170B+ in volume** over the past 30 days. The conversation will explore how traditional financial institutions are adopting blockchain technology and the evolution of tokenized assets. [Join the live discussion](https://x.com/i/spaces/1zqJVdWgwAdKB)
PancakeSwap Hits New Monthly Trading Volume Record with 50% Growth
**PancakeSwap achieved a new monthly trading volume all-time high**, marking a **50% increase** from the previous record. This milestone comes shortly after the platform reached **150 million traders** in late October, demonstrating continued growth momentum. - Monthly trading volume reached unprecedented levels - Growth represents significant expansion in user activity - Platform previously crossed $1 trillion in total trading volumes The record highlights PancakeSwap's position as a leading decentralized exchange, building on its multi-chain presence and growing user base.