PancakeSwap
@PancakeSwap
Everyone's favorite DEX. Swap, trade, and earn across 11+ chains.
Joined September 2020
324 Following 2.1M Followers
CAKE is structurally deflationary.
Supply is down 14.5% from peak and has fallen for 35 straight months since Sep 2023, with a share of protocol fees converted into CAKE buybacks and burned every week.
Deep dive from @CoinMarketCap →
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1/ New deep dive: we took apart @PancakeSwap 's on-chain ledger. Supply, burns, fees, and how $CAKE stacks up against every major DEX.
The short version: CAKE is now a structurally deflationary asset (supply down 14.5% from peak) whose burn is funded by real fee revenue from the #2# DEX.
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