No single dated event in the next 90 days.
The weekly fee burn removes more than is minted.
CAKE runs PancakeSwap, the largest exchange on BNB Chain: 317.95M coins circulate, 96.5% of all CAKE. New coins pay the farms, and swap fees buy coins back to burn.
Sell pressure. New supply was 1.61M CAKE from the farm mint plus 732K taken out of old locks. Nothing vests.
Buy pressure. The weekly buyback burned 7.15M CAKE, about $14.0M of swap fees, three times the new coins.
Net. Net, supply shrank about 1.51% in 90 days, and about 1.49% next.
CAKE is minted every block for farms, the lottery and an incentive fund. Of 767.3M CAKE minted in the window, almost all was burned straight back; 1,612,264 CAKE stayed out, about 17,900 a day, below the 21,741 a day the setting allows. Close to 970,000 of it went to the team's 3-of-7 ecosystem wallet. A draft from Oct 14 2026 would cut new CAKE to 7,000 a day, but it has not been voted, so nothing changes here yet.
CAKE has no team or investor vesting. It launched in 2020 with no presale; every coin since has come from the farm mint above.
The team's ecosystem wallet holds about 5.57M CAKE (up from 4.60M) and sent out only 1,000 CAKE in the last 30 days. It is already counted as circulating, and the coins it receives are counted once, in row 1. The treasury takes side-product fees since a vote on Jun 21 2026; its CAKE balance is not published. The 400M cap leaves about 64.5M CAKE of mint room, with no plan to use it.
Locking ended on Apr 23 2025, and holders are still taking coins out: 15.83M CAKE is left in the old lock contracts (5.19M and 10.64M), which do not count as circulating. 732,421 came out in these 90 days, 575,065 of it in one withdrawal between Aug 26 and Aug 28 2026. That lump has no pattern, so the next 90 days count only the slow drip, about 157,000.
Every week a share of swap fees buys CAKE on the market and burns it: 7,153,053 CAKE in 13 weekly batches, worth about $14.0M at the time. The weekly size ran from 316,000 to 888,000 CAKE. The buyback is set in dollars, so at today's price of $2.16 the same money buys about 6.50M CAKE in the next 90 days. Destination: the burn address, checked on-chain.
Side products burned only 7,213 CAKE. A vote on Jun 21 2026 moved their fees to the treasury instead of the burn, so this stream is now tiny.
No team or treasury purchase of CAKE outside the weekly fee buyback was found in these 90 days.
There is no lock to enter any more: locking was retired in 2025, and the old lock contracts only shrink.
Two sides: how much people want CAKE right now, and how much buying could come later.
It shows how hot CAKE is right now. A better rank means more people are talking about it.
Today, people are talking about CAKE for two reasons:
The vote closed on Oct 24 2026 with about 71% For (3.04 million votes For, 1.25 million Against). From November, people who add liquidity on v3 and Infinity pools keep 88% of swap fees, and new CAKE steps down from 22,500 to 7,000 a day. People ask if fewer new CAKE is worth a smaller fee share for the protocol.
Money deposited in PancakeSwap rose from about $1.99 billion on Oct 16 2026 to about $2.40 billion on Oct 22 2026. It was still near $2.35 billion on Oct 24 2026. People ask if liquidity providers moved in early to catch the bigger 88% fee share.
Checked Oct 24 2026
As of Oct 16 2026, PancakeSwap (CAKE) supply moves −1.49% in 90 days and −6.04% in a year, so CAKE is deflationary. Burns or buybacks take out more CAKE than is created.
PancakeSwap (CAKE) supply shrinks −6.04% over the next 12 months and −1.49% over the next 90 days (checked Oct 16 2026).
No dated PancakeSwap (CAKE) unlock is scheduled in the next 90 days (checked Oct 16 2026). New CAKE still arrives: about 1.77M CAKE in 90 days.
Yes. In our count, about 6.51M CAKE is expected to leave the market over the next 90 days through burns, buybacks or locks (checked Oct 16 2026). How it works: Swap fees buy CAKE every week and burn it: 7.15M CAKE in 13 burns, about $14.0M. At today's price the same dollars burn about 6.50M in the next 90 days, more than three times what is added.
In our count, about 1.77M new CAKE reaches the market over the next 90 days (checked Oct 16 2026). How it works: Farm rewards kept about 1.61M new CAKE in 90 days (most of each block's mint is burned straight back), and old locks returned 0.73M. Nothing vests; the team's ecosystem wallet (5.57M) only took coins in.
PancakeSwap (CAKE) has about 318M coins in circulation as of Oct 16 2026; the next 90 days change that by −1.49% (−6.04% over a year).
Over the next 90 days (checked Oct 16 2026): CAKE −1.49%, STX +1.27%, NIGHT 0.00%, XDC +0.09%. CAKE has the least new supply of these 4 coins.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things: supply and demand. Fewer new coins mean less selling pressure. We also show each coin's age, with a warning when it is younger than 1 year. Demand shows how much people want the coin. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss. CAKE supply is not growing (-1.49% in the next 90 days), so it shows in green. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
Related supply research: STX +1.27% · NIGHT 0.00% · XDC +0.09% · All crypto inflation rates (110 coins) → · Full CAKE supply report → · Embed this coin
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