🥞 Weekly CAKE Stats|Prices are Falling, But Burning is Accelerating
The market was very emotional this week,
but the on-chain data was calm:
• Net Issuance: –453k CAKE (≈ –$830k)
• Total Burns: 605k CAKE (≈ $1.11M), 9% week-over-week
🔥 Burn Source Breakdown:
➤ AMM v2: 184k CAKE (–23%)
➤ AMM v3: 251k CAKE ( 13%)
➤ AMM Infinity: 41.6k CAKE ( 188%)
➤ Predictions / Perpetual and other products: 129k CAKE ( 63%)
What does this mean?
Prices are falling,
but real transactions, real products, and real burns are all increasing.
Especially for v3 and Infinity,
this isn't short-term sentiment; it's a structural change.