Post

PancakeSwap AMM flips Paxos Gold in total value locked, $1.95 billion against $1.91 billion.


PancakeSwap AMM now ranks number 32 of 58 DeFi protocols above $1.00 billion on that measure.
Meanwhile, gold is up 4.3% over 30 days and up 2.4% year to date.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CAKECAKE+14.04%
XAUUSDXAUUSD-0.95%

  • 1

Add a comment
Add a comment

Comment
GateUser-15375c69
2 hours ago
Being ranked 32nd looks decent, but there are still 31 major hurdles ahead. PancakeSwap needs to keep competing on products, though surpassing gold-backed tokens does show that liquidity mining remains attractive.
0
ATRVolatilityOperator
13 hours ago
PAXG has been flipped—does the gold stablecoin narrative need an upgrade? What do DeFi veterans think?
0View Original
NFTGreenEye
13 hours ago
Being ranked 32nd looks decent, but there are still 31 major hurdles ahead. PancakeSwap needs to keep competing on products, though surpassing gold-backed tokens does show that liquidity mining remains attractive.
0View Original
ExitLiquidityIntern
14 hours ago
First Review
CAKE’s TVL overtaking its competitors this time is pretty impressive—the AMM sector is insanely competitive.
0View Original
View More