RT @Nick_Researcher: ➥ BSC DEX volume jumped 21.35% WoW while global DEX volume barely moved
@PancakeSwap | $CAKE again | Hanami
RT @Nick_Researcher: ➥ BSC DEX volume jumped 21.35% WoW while global DEX volume barely moved
@PancakeSwap | $CAKE again captured ~76% of BSC's trading activity
the numbers show it all with latest 7D
→ BSC DEX volume: $5.78B
→ PancakeSwap BSC volume: $4.42B
→ PancakeSwap total volume: $5.23B
trading activity is significantly outperforming the broader DEX market
so how much of that activity actually benefits $CAKE over the same 7D?
→ $2.5M trading fees
→ $840K protocol revenue
→ $552K holder revenue
that last figure represents value directed toward CAKE buybacks and burns, rather than cash distributed to holders
in Sept alone, PancakeSwap:
→ burned 2.96M CAKE
→ minted 652K CAKE
→ net supply reduction: 2.31M CAKE
~4.5x more CAKE burned than minted, extending its net-deflationary streak to 37 consecutive months
the RWA expansion through tokenized stocks, ETFs and private-market exposure adds another potential growth driver
i think $CAKE deserves more attention among established DeFi tokens