PancakeSwap (CAKE)

BREAKING: Figure Markets Exchange flipped PancakeSwap AMM V3 in 24h DEX volume. Figure Markets: $361.1M PancakeSwap V3: $359.2M https://t.co/w6yrhuQ5O4

PancakeSwap (@PancakeSwap) has surpassed 56 million net $CAKE burned since the token reached peak supply. https://t.co/RE4IcFGwGN

🔷️ Compared with our previous $CAKE analyses, the overall picture has changed very little. Price continues to respect the long-term accumulation range instead of breaking into a new downtrend, showing that buyers are still defending the broader structure. 📈 RSI is stabilizing after an extended weak phase, while MACD is attempting to recover from bearish momentum. What the chart needs now is confirmation through stronger volume rather than another short-lived bounce. The market remains in a patience phase. A confirmed breakout from this base would carry far more weight than any temporary spike. 👀 ⚠️ Not financial advice. #CAKE #Bitcoin #Ethereum #Crypto

This is one of the OG dexes that launched in September 2020. Many projects that launched around the same time or even after have shut down, but @PancakeSwap is still standing tall, racking up $4 trillion in total volume. Congratulations 🎉 team! https://t.co/yeOCFOyAqs

Protocol TVL on @RobinhoodCrypto rose from $83M to $147M over the past 24 hours, a 77% increase. The majority of inflows were concentrated in @Morpho, which grew from $23M to $72M. The primary driver was the @ethena x @SteakhouseFi USDG vault, seeded by Ethena with $50M. https://t.co/H7pYMUThiS

So how do you actually judge the value of a token? Welp, I've taken it upon myself to give you the ELI5 version. For starters, a protocol doing well and a token doing well are not always the same thing because a project can have real usage, strong revenue, and a lot of activity, while the token still performs badly if holders do not capture any of that value. The simple framework is Token Revenue vs Token Emissions, and the token revenue is the value going back to the token through things like: → buybacks → burns → distributions → other holder-aligned mechanisms So while token Emissions are the cost side, any new supply entering the market can dilute existing holders and make it harder for the token to move up. "So when a token has revenue flowing back to it, that’s bullish, right?" Well, not exactly, because if a protocol generates $10M for the token but emits $100M worth of supply, you are still fighting a losing battle. So yeah, good protocol ≠ good token.