August marked the 24th consecutive month of CAKE supply reduction, which is a major milestone in PancakeSwap’s journey toward Ultrasound CAKE.
To date, over 26,259,089 CAKE has been permanently removed from circulation, underscoring our long-term commitment to sustainable tokenomics. This consistent deflationary momentum highlights the strength of our ecosystem and our focus on responsible emissions.
Track it live on our Burn Dashboard here.
We’ve kicked off the Cooked Onchain Tour, a global series of meetups designed to bring PancakeSwap energy straight to our local communities for our 5th birthday.
August was non-stop for us in Tokyo; four days packed with meetups, panels, and pancakes.
We started with our first-ever Japan community meetup, where DeFi enthusiasts gathered for an evening of conversation, networking, and excitement about the future of onchain finance.
Next, we joined the BNB Chain 5th Anniversary Celebration, celebrating five years of growth and collaboration while looking ahead to what’s next.
At WebX 2025, our booth welcomed hundreds of visitors eager to explore PancakeSwap and discuss what’s coming. We wrapped up with a highlight moment where Head Chef Kids on stage for an RWA panel, sharing how PancakeSwap is helping unlock trillions in cross-chain liquidity.
The Cooked Onchain Tour continues with three upcoming stops packed with games, DeFi talks, exclusive merch drops, and plenty of surprises from the kitchen:
We’re bringing games, exclusive merch, DeFi conversations, and a chance to meet the PancakeSwap team in person. We can’t wait to see you there.
Stay tuned to our official local Telegram groups for the latest updates:
PancakeSwap Vietnam: https://t.me/PancakeSwapVN
PancakeSwap Indonesia: https://t.me/PancakeSwapIndonesia
PancakeSwap India: https://t.me/PancakeSwap_India
This month was layered with upgrades across swaps, liquidity, and perpetuals.
On the DEX side, we improved the liquidity experience with integrated price charts on the Add Liquidity page, making it easier to track price movements before providing liquidity. Pool creation also got a major refresh with a cleaner interface, clearer explanations of pool types (Infinity, v3, or v2), and a new preview step so you can review everything before confirming.
PancakeSwap liquidity is now also available through the Coinbase app via Retail DEX, meaning users can trade Base assets on PancakeSwap directly from Coinbase — another step in making DeFi more accessible to the masses.
Perpetuals also leveled up in a big way. ETH Perps now support up to 1,000x leverage and customized Take Profit orders up to 500%. We also launched Stock Perps with AAPL, AMZN, and TSLA, tradable at up to 25x leverage.
Our Solana launch was just last month, but adoption is already accelerating. In August, PancakeSwap surpassed $500M in trading volume on Solana, a clear sign of the growing demand for fast swaps and deep liquidity in one of DeFi’s most vibrant ecosystems.
To keep the momentum going, we rolled out:
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The Chefs 🥞