December 30, 2022, 11:29AM EST
• 7 min read

Analyzing PancakeSwap's Expanding Ecosystem

Quick Take

  • PancakeSwap is the most popular protocol on the BNB Chain with a suite of different product offerings.
  • PancakeSwap TVL decreased throughout the first half of 2022 before experiencing some relief in the second half of the year.
  • PancakeSwap volume has yet to recover to levels prior to the Terra-UST collapse.
  • Among their many products, the PancakeSwap prediction market has relatively maintained its volume and users despite sub-optimal market conditions.

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