PancakeSwap(@PancakeSwap):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 → https://t.co/ZEyp7hUuJv

2026.08.12 10:15

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 →

CoinMarketCap@CoinMarketCap

2026.08.07 07:29

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.