Pangolin (PNG)
Total Value Locked$4.4m
TVL by Chain
Avalanche$3.31m
staking$1.01m
Hedera$50,021
Monad$14,199
Flare$6,479
Songbird$4,726
Key Metrics
Fees (Annualized)$325,167
Fees 30d$26,653
Fees 7d$5,122
Fees 24h$770
Cumulative Fees$54.05m
Revenue (Annualized)$59,036
Revenue 30d$4,839
Revenue 7d$926
Revenue 24h$140
Cumulative Revenue$9.01m
Holders Revenue (Annualized)$39,967
Holders Revenue 30d$3,276
Holders Revenue 7d$637
Holders Revenue 24h$95
Cumulative Holders Revenue$678,961
DEX Volume 30d$67.66m
DEX Volume 7d$14.59m
DEX Volume 24h$2.48m
Cumulative DEX Volume$18.822b
Market Cap$10.31m
$PNG Price$0.046
All Time High$18.85
All Time Low$0.012
Fully Diluted Valuation$24.72m
$PNG Volume 24h$565,040
CEX Volume$174,545
DEX Volume$403,877(71.48% of total)
Staked$1.01m(9.81% of mcap)
$PNG Liquidity$1.53m
Pangolin V2$1.53m
Protocol Information
Pangolin is a decentralized exchange (DEX) launched in 2021 by AvaLabs
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Pangolin V2: A 0.3% of each swap is collected as trading feesView code on GitHubPangolin V3: Fees paid by users for swapsView code on GitHub
Revenue:
Pangolin V2: Governance revenue is 0.05% trading feesView code on GitHubPangolin V3: 10% Fees to Pangolin Protocol treasury, 10% to PNG stakersView code on GitHub
Holders Revenue:
Pangolin V2: A 0.0425% trading fees goes to PNG staking PoolView code on GitHubPangolin V3: 10% Fees to PNG stakersView code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Income Statement for Pangolin
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $77,687 | $84,947 | $71,221 | $117,015 | $191,934 | $100,742 | $742,304 | $1.33m | $983,923 | $165,182 | $258,665 | $688,234 | $593,549 | $938,963 | $4.02m | $7.16m | $14.78m | $13.66m | $5.33m | $2.74m |
| Revenue | $14,065 | $14,589 | $11,951 | $19,505 | $31,988 | $16,792 | $123,716 | $222,002 | $163,988 | $27,527 | $43,111 | $114,710 | $98,921 | $156,493 | $670,503 | $1.19m | $2.46m | $2.28m | $888,585 | $457,271 |
| Earnings | $14,065 | $14,589 | $11,951 | $19,505 | $31,988 | $16,792 | $123,716 | $222,002 | $163,988 | $27,527 | $43,111 | $114,710 | $98,921 | $156,493 | $670,503 | $1.19m | $2.46m | $2.28m | $888,585 | $457,271 |
| Token Holder Net Income | $9,606 | $11,492 | $9,976 | $16,574 | $27,192 | $14,267 | $105,158 | $188,700 | $139,391 | $23,400 | $36,643 | $94,698 | $1,864 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |