PancakeSwap Burns Over $25 Million Worth of CAKE Tokens
PancakeSwap Burns Over $25 Million Worth of CAKE Tokens
🔥 Massive CAKE Burn!
PancakeSwap, a leading decentralized exchange, has burned 8,924,466 CAKE tokens, worth approximately $25 million. The burn was fueled by trading fees from various platforms, including AMM V2 ($332k), AMM V3 ($448k), Perpetual and Position Manager ($1k), Prediction ($145k), Lottery ($69k), and NFT ($1k). Compared to the previous week, trading fees from AMM V2 decreased by 31%, while AMM V3 saw a 78% increase. The Prediction and Lottery platforms also experienced changes, with a 17% increase and a 27% decrease, respectively. The burn is part of PancakeSwap's token economics, which aims to maintain the value and scarcity of the CAKE token.
🔥 9,219,752 $CAKE just burned - that’s $27M! 💰 Trading fees (AMM V2): 189k CAKE ($564k) +64% 💰 Trading fees (AMM V3): 91k CAKE ($271k) -8% 🔮 Prediction: 48k CAKE ($142k) +20% 🎟️ Lottery: 28k CAKE ($85k) +51% 🔒 NFT: 0.5k CAKE ($2k) -86% % change from last week is in CAKE
🔥 8,924,466 $CAKE just burned - that’s $25M! 💰 Trading fees (AMM V2): 119k CAKE ($332k) -31% 💰 Trading fees (AMM V3): 160k CAKE ($448k) +78% 💰 Trading fees (Non-AMM like Perpetual, Position manager etc): 0.2k CAKE ($1k) -29% 🔮 Prediction: 52k CAKE ($145k) +17% 🎟️ Lottery:
🔥 8,904,817 $CAKE just burned - that’s $24M! 💰 Trading fees (AMM V2): 171k CAKE ($457k) +28% 💰 Trading fees (AMM V3): 90k CAKE ($241k) -37% 💰 Trading fees (Non-AMM like Perpetual, Position manager etc): 0.3k CAKE ($1k) -61% 🔮 Prediction: 44k CAKE ($119k) -16% 🎟️ Lottery:
🔥 8,927,968 $CAKE just burned - that’s $27M! 💰 Trading fees (AMM V2): 134k CAKE ($403k) -29% 💰 Trading fees (AMM V3): 143k CAKE ($432k) +58% 💰 Trading fees (Non-AMM like Perpetual, Position manager etc): 0.9k CAKE ($3k) 🔮 Prediction: 53k CAKE ($159k) +11% 🎟️ Lottery: 23k
PancakeSwap Launches New Trading Competition with $300K Prize Pool
PancakeSwap announces a new trading competition featuring six tokens: $KAVA, $PEAQ, $VRA, $BGSC, $YALA, and $AIN. - Competition period: August 7-31, 2025 - Total prize pool: ~$300,000 - Trading available on PancakeSwap DEX This follows their successful July competition which offered $250,000 in rewards. [Start trading now](http://pancakeswap.finance/swap) [View full competition details](http://blog.pancakeswap.finance/articles/trading-competition) *Join now to compete for your share of the prize pool*
PancakeSwap Announces Asia Tour for 5th Anniversary
PancakeSwap launches Cooked Onchain Tour to celebrate its 5th anniversary across Asia. The tour includes community meetups in four major cities: - **Japan (Tokyo)**: Aug 23, 1:30-4:30 PM GMT+9 - **Vietnam (Hanoi)**: Sep 07, 9:00 AM-12:00 PM GMT+7 - **Indonesia (Jakarta)**: Sep 13, 2:00-5:00 PM GMT+7 - **India (Delhi)**: Sep 21, 6:00-9:00 PM GMT+5:30 Each event features games, limited-edition merchandise, and opportunities to meet the PancakeSwap team. Community members can register through [lu.ma/PancakeSwap](http://lu.ma/PancakeSwap).
PancakeSwap Enhances Add Liquidity Interface with Price Charts
PancakeSwap continues to improve its liquidity provision interface with the addition of real-time price charts. This update follows recent improvements including: - Enhanced pool search and navigation - Clearer display of pool features - More prominent APR displays - Improved pool detail page layout - Streamlined position management interface The new price chart feature allows liquidity providers to monitor price movements before committing funds. Platform developers indicate more liquidity-focused upgrades are in development. [Try the new interface](https://pancakeswap.finance/liquidity/add)
PancakeSwap Adds Stock Perpetuals & Concludes Trading Competition
PancakeSwap expands its perpetuals offering by adding **AAPL, AMZN & TSLA** with up to 25x leverage on BNB Chain. Two rounds of the Binance Alpha Trading Competition have concluded: - First round: 2,100 random winners received project tokens - Second round: 1,700 winners awarded tokens This follows recent platform upgrades including: - ETH perpetuals with up to 1,000x leverage - Take Profit settings up to 500% [Trade stocks now](http://pancakeswap.finance/perp/en/futures/v2/AAPLUSD) [Learn more](http://blog.pancakeswap.finance/articles/stock-perps) Check your wallet to see if you're among the winners.
Pending Announcement Teased
A series of cryptic messages suggests an upcoming announcement is in the works. Multiple confirmations have been received over August 6-7, 2025, indicating preparation for what's described as positive news. While details remain under wraps, the recurring nature of these confirmation messages points to a coordinated communication strategy. *Note: No specific details or timeline for the announcement have been provided yet.*