Latest Pangolin (PNG) News Update

Deep Dive

1. @pangolindex: V3 Rewrites DEX Rules (Bullish)

"Pangolin V3 isn’t just an update – concentrated liquidity, dynamic fees, and super pools let you earn from swaps and bonus tokens. Smarter. Faster. More rewarding."
– @pangolindex (21 July 2025 06:35 PM UTC)
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What this means: This is bullish for PNG because V3’s advanced features could attract sophisticated liquidity providers, potentially increasing protocol revenue and PNG’s value capture through fee-sharing mechanisms.

2. @pangolindex: PNG as Governance Power Tool (Neutral)

"PNG isn’t a coin, it’s a governance key. Vote. Propose. Veto. No backroom deals here."
– @pangolindex (3 August 2025 10:52 AM UTC)
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What this means: This neutral-to-bullish narrative emphasizes PNG’s utility beyond speculation, though actual price impact depends on whether governance activity translates to protocol improvements or staking demand.

3. @pangolindex: Kyber Integration Expands Reach (Bullish)

"KyberNetwork fully integrated Pangolin V3 – tap into our deep liquidity pools directly through their platform for optimized swaps on Avalanche."
– @pangolindex (23 July 2025 11:17 AM UTC)
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What this means: This is bullish as Kyber’s 1.3M+ users gain exposure to Pangolin’s liquidity, potentially driving higher swap volumes and PNG burn/redistribution through the fee structure.

Conclusion

The consensus on Pangolin is cautiously bullish, with V3 upgrades and partnerships driving optimism, though price action (-13.48% monthly) suggests market skepticism about adoption speed. Watch whether the 197% 24h volume spike sustains post-V3 – sustained liquidity migration from V2 pools would validate the upgrade’s value proposition.

Deep Dive

1. Multi-Chain Expansion (2025)

Overview:
Pangolin is prioritizing multi-chain deployment, building on its existing presence on Avalanche, Hedera, and Flare. Recent integrations with platforms like Kyber Network and VeloraDEX suggest a focus on cross-chain liquidity aggregation.

What this means:
This is bullish for PNG because expanding to new chains could attract users and liquidity from diverse ecosystems. However, execution risks (e.g., fragmented liquidity) and competition from established DEXs on other chains could limit upside.

2. Dynamic V3 Upgrades (2025)

Overview:
Following the V3 launch in July 2025, Pangolin is refining features like dynamic fees, concentrated liquidity positions, and super pools. The upgrade aims to improve capital efficiency and trader incentives.

What this means:
This is neutral-to-bullish for PNG. While V3’s technical improvements could boost trading volume, adoption depends on user migration from V2 and competitor responses (e.g., Uniswap’s dominance).

3. Governance-Driven Roadmap

Overview:
Pangolin’s team emphasizes community governance for future upgrades. No fixed roadmap exists, but key proposals may include tokenomics adjustments (post-emission completion in January 2025) and treasury allocation.

What this means:
This is neutral for PNG. Decentralized governance fosters alignment with holders but risks delays or contentious votes. Metrics to watch: proposal participation rates and treasury burn/use proposals.

Conclusion

Pangolin’s trajectory hinges on executing its multi-chain vision and retaining users post-V3. While recent upgrades show technical ambition, broader adoption depends on navigating DeFi’s competitive landscape. How will community governance balance innovation with stability in a volatile market?

TLDR Pangolin’s V3 rewrite fuels DeFi defiance while expanding its ecosystem reach. Here are the latest updates:

1. V3 Launch Rewrites DEX Rules (21 July 2025) – Introduced concentrated liquidity and dynamic fees, boosting efficiency.
2. Kyber Network Integration (23 July 2025) – Enabled access to Pangolin’s V3 liquidity via Kyber’s aggregator.
3. FlyTrade Partnership (1 August 2025) – Enhanced cross-chain swaps through DEX aggregation.

Deep Dive

1. V3 Launch Rewrites DEX Rules (21 July 2025)

Overview: Pangolin launched V3, overhauling its decentralized exchange with concentrated liquidity pools, dynamic fee structures, and “super pools” that let users earn from swap fees and bonus tokens. The update emphasizes user control over liquidity positions and adaptive pricing.

What this means: This is bullish for PNG because improved capital efficiency could attract deeper liquidity, increasing swap volume and fee revenue. The upgrade also differentiates Pangolin from competitors like Uniswap V3, potentially driving adoption.
(Pangolin)

2. Kyber Network Integration (23 July 2025)

Overview: Kyber Network integrated Pangolin V3, allowing users to access its liquidity directly through Kyber’s aggregation tools. The collaboration focuses on optimized routing and reduced slippage for Avalanche-based assets.

What this means: Neutral-to-bullish for PNG. While integration expands visibility, Kyber’s multi-chain focus may dilute direct benefits. However, increased utility for Pangolin’s liquidity could strengthen its role in Avalanche’s DeFi stack.
(Kyber Network)

3. FlyTrade Partnership (1 August 2025)

Overview: Pangolin V3 became available on FlyTrade, a DEX aggregator, improving cross-chain trading efficiency. The partnership aims to leverage FlyTrade’s routing algorithms to maximize liquidity utilization.

What this means: Mildly bullish. While FlyTrade is smaller than Kyber, the integration reinforces Pangolin’s multi-platform strategy, though its impact depends on FlyTrade’s user growth.
(FlyTrade)

Conclusion

Pangolin’s V3 pivot and aggregation partnerships signal a focus on liquidity innovation and ecosystem interoperability. While upgrades could revive its position in Avalanche DeFi, success hinges on sustained adoption. Will V3’s capital efficiency translate into measurable TVL growth by Q4?

TLDR Pangolin's codebase recently underwent major upgrades with V3 launch and chain integrations.

1. V3 Launch (21 July 2025) – Introduced concentrated liquidity, dynamic fees, and super pools.
2. Kyber Network Integration (23 July 2025) – Enabled cross-platform liquidity sharing.
3. Chain Switch (11 August 2025) – Migrated to an unspecified chain for enhanced scalability.

Deep Dive

1. V3 Launch (21 July 2025)

Overview: Pangolin V3 overhauled its decentralized exchange mechanics, prioritizing user control and capital efficiency.

The update introduced concentrated liquidity (letting users allocate funds to specific price ranges), dynamic fees that adjust based on market volatility, and "super pools" that combine swap fees with external token rewards. Farming rewards now require maintaining active liquidity positions, incentivizing long-term participation.

What this means: This is bullish for PNG because traders gain finer control over liquidity, farmers earn more predictable yields, and dynamic fees could attract high-volume traders seeking cost efficiency. (Source)

2. Kyber Network Integration (23 July 2025)

Overview: Pangolin V3 liquidity pools became accessible via Kyber Network’s aggregation engine.

The integration allows Kyber users to tap into Pangolin’s concentrated liquidity pools directly, improving swap rates for Avalanche-based assets. Technical adjustments likely included standardized API endpoints and fee structure alignment.

What this means: This is neutral for PNG as it expands user reach but shares fee revenue with Kyber. Deeper liquidity could stabilize swap prices, benefiting long-term protocol health. (Source)

3. Chain Switch (11 August 2025)

Overview: Pangolin migrated to an undisclosed blockchain, hinted at via the tweet: “Some are still debating which chain is better. Pangolin already switched.”

While specifics are scarce, the move suggests optimizations for scalability or cross-chain interoperability. Given Pangolin’s Avalanche roots, this could involve subnet adoption or Cosmos/IBC compatibility.

What this means: This is cautiously bullish for PNG if the migration reduces transaction costs or broadens asset support, but carries execution risks if liquidity fragments during the transition. (Source)

Conclusion

Pangolin’s V3 and partnerships signal a focus on capital efficiency and ecosystem integration, though the chain migration’s impact remains uncertain. Will concentrated liquidity and cross-platform accessibility help PNG compete against monolithic DEXs like Uniswap?