CoinMarketCap(@CoinMarketCap):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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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.