Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
PancakeSwap's 2025 performance marks another milestone in its token economics journey. The platform achieved an 8.19% burn rate throughout the year, removing approximately 31.6 million CAKE from circulation. This brought total supply down from 380 million to 349 million tokens—a meaningful reduction in the ecosystem's tokenomics.
What stands out is the consistency: 28 consecutive months of net supply contraction. This sustained deflationary pressure isn't accidental—it reflects the project's commitment to managing token economics through systematic burning mechanisms. For a major DEX platform, maintaining this level of supply discipline signals serious thinking about long-term value dynamics.
The numbers tell the story. Whether you're tracking tokenomics or evaluating how projects manage inflation over time, CAKE's deflation trajectory offers a concrete example of what sustained supply reduction looks like in practice.