Trading volume: PancakeSwap recorded $1.427 billion in 24-hour volume, compared with its usual $811 million, putting it at No. 2 among DEXs.
The higher the volume, the more fees the protocol collects—one of the more tangible aspects of $CAKE 's value. One thing to note: whether those fees go to token holders depends on how each project is designed.
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Just my personal opinion, not investment advice.
The higher the volume, the more fees the protocol collects—one of the more tangible aspects of $CAKE 's value. One thing to note: whether those fees go to token holders depends on how each project is designed.
Follow me for daily market updates
Just my personal opinion, not investment advice.
