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PancakeSwap Reports 1.79M CAKE Burned for October 2026

PancakeSwap Reports 1.79M CAKE Burned for October 2026

Photo: Coinfomania

PancakeSwap burned 1.79M CAKE in October, reducing supply for 38 straight months. This trend impacts community sentiment towards CAKE. In a recent update, PancakeSwap revealed that it burned 1.79 million CAKE tokens in October 2026, marking 38 straight months where more tokens were burned than minted. This consistent reduction in supply is significant for the platform’s ecosystem, suggesting a strong commitment to managing tokenomics effectively. For more details, refer to the full report here . The latest burn report from PancakeSwap indicates that the platform minted 674,316 CAKE while burning 1,790,527 CAKE, resulting in a net reduction of 1,116,211 CAKE.

Source: Coinfomania

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