PancakeSwap v3’s Total Value Locked (TVL) touched $239 million in just a month of its launch.
Reportedly, the v3 has become one of the top 10 DEXs in volume on the Ethereum blockchain. This was commendable, as v3 achieved this feat within a month of its launch.
Dune’s data revealed that PancakeSwap v3 performance was encouraging throughout the past month, with growth on a few fronts in recent days. Furthermore, the volume on BNB Chain remained pretty consistent over the past few weeks. However, volume on Ethereum seemed to have declined slightly.Surprisingly, CAKE’s response to the v3 launch was nothing less than a disaster, as its price plummeted substantially over the past month.dominated the market, as evident from the reading of its weighted sentiment metric.
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