Apps / Dossier · DEX & liquidity · № 0431

DEX & liquidity

Pangolin V2

Decentralized exchange — earn fees by helping other people swap tokens.

Visit official site ↗ @pangolindex

Total value held · all chains

$1.43 Million

▼ -9.8% this week

100% on Avalanche · also on 0 other chains

Chains

Live yield options

Best reward rate

16.22%

Custody

You hold the keys

Where it runs

Available on 1 chains

01
Avalanche

$1.41Million

value held

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Earn here · live yield options

Yields available on Pangolin V2

25 live options — yields range 0.0% to 16.22% per year, with a median of 2.49%.

All 25 yield options on Pangolin V2 Expand →

Option	Chain	Reward	Pool size
pangolin-v2 - PNG-WAVAX	Avalanche	16.22%	$163Thousand
pangolin-v2 - WETH.E-WAVAX	Avalanche	2.57%	$133Thousand
pangolin-v2 - LUNA-WAVAX	Avalanche	0.01%	$94.3Thousand
pangolin-v2 - QI-WAVAX	Avalanche	2.85%	$94.3Thousand
pangolin-v2 - WAVAX-USDC	Avalanche	7.77%	$81.3Thousand
pangolin-v2 - WAVAX-USDT.E	Avalanche	8.43%	$75.7Thousand
pangolin-v2 - USDT-WAVAX	Avalanche	9.67%	$61Thousand
pangolin-v2 - WAVAX-ETH	Avalanche	0.18%	$52.8Thousand
pangolin-v2 - USDC.E-WAVAX	Avalanche	8.32%	$45.6Thousand
pangolin-v2 - WBTC.E-WAVAX	Avalanche	2.49%	$37.2Thousand
pangolin-v2 - USDC.E-USDC	Avalanche	0.0%	$33.3Thousand
pangolin-v2 - NFTD-USDT.E	Avalanche	0.0%	$30.1Thousand
pangolin-v2 - WAVAX-XAVA	Avalanche	10.67%	$28.5Thousand
pangolin-v2 - WAVAX-DAI.E	Avalanche	8.55%	$28.5Thousand
pangolin-v2 - SPORE-WAVAX	Avalanche	0.0%	$27.8Thousand
pangolin-v2 - LINK.E-WAVAX	Avalanche	3.57%	$23.8Thousand
pangolin-v2 - WET-WAVAX	Avalanche	0.0%	$21.3Thousand
pangolin-v2 - VOLTA-DAI.E	Avalanche	0.0%	$21Thousand
pangolin-v2 - WAVAX-USDT	Avalanche	0.31%	$16.7Thousand
pangolin-v2 - WAVAX-DAI	Avalanche	0.65%	$13.2Thousand
pangolin-v2 - USDC.E-USDT.E	Avalanche	0.0%	$13.1Thousand
pangolin-v2 - HUSKY-WAVAX	Avalanche	0.24%	$12.6Thousand
pangolin-v2 - WAVAX-SFI	Avalanche	0.03%	$12.4Thousand
pangolin-v2 - AVAI-USDC.E	Avalanche	10.26%	$11.3Thousand
pangolin-v2 - WAVAX-PEFI	Avalanche	0.64%	$10.4Thousand

How it works

Using Pangolin V2 in three steps

1

Pair two tokens

Pick two tokens (e.g. ETH + USDC), deposit both in equal value into the trading pool.
2

Earn a share of fees

Every time someone swaps through this pair, you earn a tiny cut of the fee. The more people trade, the more you earn.
3

Watch out for IL

If one token's price moves a lot relative to the other, you'd have been better off just holding — the gap is called 'impermanent loss'.

Read up

About Pangolin V2

Pangolin is a community-driven DEX that runs on multiple blockchains.

Description provided by the protocol team. Always verify directly before depositing funds.

Tokens earning here

Top tokens earning yield through Pangolin V2

WAVAX

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PNG

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WETH.E

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USDT.E

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USDC

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Frequently asked

What people ask about Pangolin V2

What is Pangolin V2?

Pangolin V2 is an on-chain app. Decentralized exchange — earn fees by helping other people swap tokens.

Is using Pangolin V2 safe?

Pangolin V2 has 3 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.

How much can I earn?

Right now yields on Pangolin V2 run 0.0%–16.2% per year, depending on which pool you pick and which chain you use. Rates change with demand.

Which chains does it run on?

Pangolin V2 runs on 1 chains, including Avalanche. Each chain has its own fees and speeds — pick the one you already use.

Figures are reference values aggregated from public sources and refresh hourly. Always confirm directly before depositing funds.

Terms used on this page

See every term →