PancakeSwap: From $7.16B to $1.72B TVL in Two Years 📉

- Decentralized exchange PancakeSwap reported a cumulative trading volume of $836B and a TVL of $1.72B over four years of operation.

- TVL has dropped from a record $7.16B in May 2021 to $1.72B in September 2023.

- PancakeSwap v4 promises improvements in liquidity and scalability, but will it bring back the popularity?

#Cryptocurrency#PancakeSwap