PancakeSwap's Ethereum Trading Volume surpasses $2B

PancakeSwap has expanded its tokenized stock offerings with five new assets that trade around the clock, including: - **$COIN** (Coinbase) - **$MSTR** (Strategy) - **$TQQQ** (ProShares UltraPro QQQ - 3x Nasdaq-100) - **$AMZN** (Amazon) - **$ORCL** (Oracle) These tokenized assets are powered by Ondo Finance and available for trading 24/7/365 on PancakeSwap, eliminating traditional market hours. This follows a previous expansion in July that added 10 semiconductor and tech stocks to the platform. Users can now trade these assets directly at [pancakeswap.finance/stocks](https://pancakeswap.finance/stocks) without being constrained by traditional market closing times or weekends.

**New tokenized assets** - 10 tokenized bStocks added (Netflix, Super Micro, Coherent) on BNB Chain - $USDY, Ondo's tokenized U.S. Treasury, now tradable on PancakeSwap - All assets available for 24/7 trading **CAKE token metrics** - CoinMarketCap analysis confirms CAKE as deflationary - 14.5%+ of peak supply burned to date - Weekly burn: 496k CAKE ($705k), net emission -345k CAKE **New integrations** - $QUID from Squid Router launched on Base - Trading competition: 666,667 $QUID prize pool - Two Syrup Pools with GRVT staking options **AI development** PancakeSwap partners with BNB Chain's "Build the Era" hackathon, inviting developers to create AI agents for smarter liquidity management.

PancakeSwap continues expanding its tokenized asset offerings with new trading pairs for real-world assets. **New Trading Pairs:** - Tokenized SpaceX (SPCXB) paired with USDT - Gold-backed XAUt paired with USDT - Semiconductor tokens (SKHYB) paired with USDT - Traditional crypto pairs: WETH-USDC and SOL-USDC These additions allow users to trade and earn yields on tokenized versions of traditional assets like stocks, commodities, and tech sector exposure alongside standard cryptocurrency pairs. The platform operates 24/7, bringing onchain access to assets typically limited to traditional market hours.

PancakeSwap continued its deflationary trend in July 2026, burning nearly three times more CAKE tokens than it minted. **Key Metrics:** - Minted: 674,316 CAKE - Burned: 1,944,441 CAKE - Net supply reduction: 1,270,125 CAKE - Supply burned: 0.38% This marks the 35th consecutive month of total supply reduction for the protocol's native token. The burn mechanism removes tokens from circulation, creating deflationary pressure on CAKE's supply. The protocol has maintained this deflationary model since late 2023, consistently burning more tokens than it creates through emissions. Full details: [PancakeSwap Blog](https://blog.pancakeswap.finance/articles/july-cake-burn-report)

PancakeSwap has launched 10 new tokenized stocks (bStocks) on BNB Chain, enabling 24/7 trading of traditional market assets. **New bStocks available:** - Astera Labs ($ALABB) - ASML Holding ($ASMLB) - AST SpaceMobile ($ASTSB) - Bitmine Immersion ($BMNRB) - Coherent Corp ($COHRB) - Credo Technology ($CRDOB) - IREN ($IRENB) - Netflix ($NFLXB) - Super Micro Computer ($SMCIB) - USA Rare Earth ($USARB) These additions follow a previous batch of 10 AI-focused stocks launched in July, including TSMC, Broadcom, and IBM. The platform continues expanding its tokenized stock offerings, allowing users to trade traditional market assets around the clock on blockchain infrastructure. [Trade bStocks on PancakeSwap](https://pancakeswap.finance/stocks)