PancakeSwap 2024 August Recap
Community
2024-09-09

Data Recap

PancakeSwap

  • Total Value Locked (TVL): 1.86B
  • Total Volume: $21.2B
  • Average Daily Volume: $682.8M
  • Unique Traders: 1.8M
  • Unique Onsite Users: 1.9M
  • veCAKE - Total CAKE Locked: 99,484,910
  • veCAKE - AVG Lockup Period: 58 (Weeks)

CAKE Token

  • Total burned: 35.8M CAKE ($58.1M)
  • Monthly Net Mint: -743,505 CAKE
  • % of Supply Burned: -0.193%
  • N° of holders: 1,754,537 (MoM 2.07%)
  • As our emissions and burn data are calculated and grouped by weeks, not months, the statistics above may not one-to-one reflect our “monthly burn”, and only serves as a guideline. For more information on our burns, please refer to our weekly burn post on our social channels.

Served In August

August Burn Report

2024-09-09 15.39.30.jpg

In our commitment to achieving the Ultrasound CAKE, August marks the 12th consecutive month of reducing the total supply of CAKE, with a Net Mint of -743,505 CAKE, bringing the cumulative net reduction to -4,293,262 CAKE!

  • Minted: 1,023,898
  • Burned: 1,767,403
  • Net Mint: -743,505
  • % of total supply burned: -0.193%

PancakeSwap is turning 4!

With our fourth birthday just a month away, we’re gearing up for some epic celebrations!  Introducing our “Pancake4Ever” campaigns—get ready for everything from a “design your birthday tee” contest to a meme and bake-off competition. We’ve got a ton of surprises lined up, so don’t miss out—sign up now for your chance to win big!

PancakeSwap Third Community Meetup in Brazil!

In August, we threw our third PancakeSwap meetup in São Paulo, and it was a blast!

With over 100 attendees, we had loads of merch, tasty food, and plenty of time for networking. From fun games to insightful presentations, it was a jam-packed event. If you haven’t seen it, we’ve dropped a bunch of photos and an epic aftermovie so you can relive the best moments with us!

PancakeSwap Quest - Beta: Your Multichain DeFi Quest Platform

We’re excited to introduce PancakeSwap Quest - Beta, a brand-new platform for DeFi quests that’s all about leveling up user engagement! Now you can create your own personalized profile and jump into multi-chain quests across six different networks.

During the beta phase, we’d love for you to explore the tasks and give us your feedback! Let’s get questing!

PancakeSwap’s Web3 Notifications Official Launch is Live

Our new Web3 Notifications feature is rolled out. This feature is designed to keep you in the loop with real-time updates on key events, promotions, and market trends! Developed in partnership with WalletConnect, this feature lets you stay connected by simply clicking the bell icon on the PancakeSwap homepage and linking your wallet.

Farms page update!

We’ve just supercharged our Farms page to make your DeFi experience smoother than ever!

You can now view ALL LP pairs across all supported chains, and easily access liquidity info, provide liquidity, and start farming—all from one convenient page. Plus, keep an eye out for upcoming features like advanced search and Position Manager integrations!

Thanks for reading! Join us on Twitter , Telegram, and in our Discord community!

The Chefs 🥞

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