Pangolin fundamentals

A space to discuss the fundamentals of ‘Pangolin’.

Link to the dashboard: Pangolin (PNG) - Key metrics | Dashboard | Token Terminal

Token Terminal <> Pangolin | Monthly data update (April 2023)

Chains tracked: Avalanche

Methodology:

  • Net deposits: Total value deposited to the protocol
  • Trading volume: Total trading volume on Pangolin
  • Fees: Total trading fees paid by traders
  • Supply-side fees: Share of trading fees that goes to the liquidity providers
  • Revenue: Share of trading fees that goes to the protocol (PNG holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Traders
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (April 2023):

Token Terminal <> Pangolin | Monthly data update (May 2023)

Chains tracked: Avalanche

Methodology:

Metrics (May 2023):