Latest Pangolin (PNG) News Update

By CMC AI
04 December 2025 06:41AM (UTC+0)

What are people saying about PNG?

TLDR

Pangolin's community swaps memes for governance debates while eyeing V3's DeFi upgrades. Here’s what’s trending:

  1. V3’s dual rewards lure liquidity providers with $AVAX + $PNG incentives

  2. Kyber integration boosts Avalanche swap efficiency

  3. Governance focus shifts narrative from token to decision-making tool

Deep Dive

1. @pangolindex: V3 Dual Rewards Launch bullish

"Dynamic fees + dual rewards $AVAX + $PNG create one of the strongest risk/reward zones for LPs"
– @pangolindex (120K followers · 2.1M impressions · 2025-11-16 23:04 UTC)
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What this means: This is bullish for PNG because combining Avalanche's native token with protocol rewards could attract liquidity to Pangolin pools, potentially increasing protocol revenue and token utility.

2. @pangolindex: Kyber Network Integration neutral

"Tap into Pangolin V3’s liquidity directly on Kyber – optimized routing meets Avalanche speed"
– @pangolindex (120K followers · 887K impressions · 2025-07-23 11:17 UTC)
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What this means: Neutral short-term impact – while deeper liquidity improves trader experience, competing aggregators might dilute fee capture for PNG holders despite the technical achievement.

3. @pangolindex: Governance Over Speculation mixed

"PNG isn’t a coin, it’s a governance key. Vote. Propose. Veto. No backroom decisions"
– @pangolindex (120K followers · 1.4M impressions · 2025-08-03 10:52 UTC)
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What this means: Mixed implications – while emphasizing governance could attract long-term builders, it risks alienating traders focused on price action during a market favoring meme coins over protocol tokens.

Conclusion

The consensus on Pangolin is cautiously optimistic, balancing V3's technical upgrades against challenging market conditions. While the 7.4% weekly price gain suggests some momentum, watch whether TVL follows the 47% volume surge – a divergence here could signal whether new features are driving sustainable usage or speculative trading.

What is the latest news on PNG?

TLDR

Pangolin rides Avalanche’s DeFi momentum with V3 upgrades and strategic integrations. Here are the latest updates:

  1. V3 Integrations Complete (21 July 2025) – Kyber Network and VeloraDEX tap Pangolin’s liquidity for optimized swaps.

  2. WEEX Exchange Listing (9 January 2025) – PNG/USDT spot trading went live, expanding access to retail traders.

  3. Governance Push Intensifies (3 August 2025) – PNG holders gain veto power in community-driven protocol decisions.

Deep Dive

1. V3 Integrations Complete (21 July 2025)

Overview: Pangolin V3 finalized integrations with Kyber Network and VeloraDEX, enabling cross-DEX liquidity sharing and lower slippage for Avalanche-based assets. This follows earlier partnerships with ODOS Protocol (July 2025) to enhance routing efficiency.

What this means: Deeper liquidity pools and improved swap efficiency could attract more users to Pangolin’s DEX, potentially boosting PNG’s utility. However, competition with Avalanche-native rivals like Trader Joe remains a headwind.
(Pangolin)

2. WEEX Exchange Listing (9 January 2025)

Overview: Centralized exchange WEEX listed PNG/USDT, marking Pangolin’s first major CEX partnership since 2024. The listing aimed to bridge DeFi and TradFi liquidity, though daily volumes have stayed modest (~$4.38M TVL as of November 2025).

What this means: While broadening PNG’s accessibility, the muted post-listing response highlights challenges in balancing decentralization with centralized exchange dependencies.
(WEEX)

3. Governance Push Intensifies (3 August 2025)

Overview: Pangolin’s DAO introduced veto rights for PNG holders, decentralizing control over fee structures and token burns. The move aligns with Avalanche’s broader push for community-led protocols.

What this means: Enhanced governance could strengthen long-term holder loyalty, though PNG’s price remains 98% below its 2021 peak ($4.99), reflecting persistent sell pressure.
(Pangolin)

Conclusion

Pangolin’s V3 upgrades and CEX listing signal growth, but PNG’s recovery hinges on Avalanche’s DeFi resurgence and sustained liquidity incentives. Will governance reforms finally align tokenholder incentives with protocol success?

What is next on PNG’s roadmap?

TLDR

Pangolin's development continues with these milestones:

  1. V3 Ecosystem Expansion (Q4 2025) – Deeper liquidity integrations and dynamic fee optimization.

  2. Cross-Chain Bridging (2026) – Multi-chain interoperability beyond Avalanche.

  3. Governance Overhaul (Q1 2026) – Enhanced voting mechanisms for PNG holders.

Deep Dive

1. V3 Ecosystem Expansion (Q4 2025)

Overview:
Pangolin V3 launched in July 2025 with dynamic fee pools and dual $AVAX/$PNG rewards, aiming to attract liquidity providers. Recent integrations with VeloraDEX (@VeloraDEX) and Kyber Network (@KyberNetwork) highlight efforts to deepen liquidity and optimize swap routing.

What this means:
This is bullish for PNG because higher liquidity reduces slippage, attracting more traders and boosting protocol fees (0.3% per swap). However, competition from other Avalanche DEXs like Trader Joe could pressure adoption.

2. Cross-Chain Bridging (2026)

Overview:
Pangolin’s 2022 roadmap hinted at deploying on 3+ chains, and recent tweets (@pangolindex) suggest a renewed focus on cross-chain swaps. The team is reportedly in talks with non-EVM chains to enable seamless asset transfers.

What this means:
This is neutral-to-bullish, as cross-chain functionality could expand Pangolin’s user base but requires flawless execution. Technical risks include bridging vulnerabilities, which have historically led to exploits in DeFi.

3. Governance Overhaul (Q1 2026)

Overview:
PNG’s governance model is set for upgrades, including quadratic voting and proposal incentives, as hinted in community discussions. The goal is to decentralize decision-making and increase voter participation beyond the current ~13% treasury fee allocation.

What this means:
This is bullish if implemented effectively, as stronger governance could align incentives between liquidity providers and token holders. However, low voter turnout or contentious proposals might stall progress.

Conclusion

Pangolin’s roadmap balances technical upgrades (V3 optimizations, cross-chain expansion) with community-driven governance reforms. While recent momentum is tied to Avalanche’s ecosystem growth, execution risks and market-wide DeFi volatility remain hurdles. How will Pangolin differentiate itself as multichain DEX competition intensifies?

What is the latest update in PNG’s codebase?

TLDR

Pangolin’s codebase recently underwent transformative upgrades, led by its V3 launch and integrations.

  1. V3 Overhaul (21 July 2025) – Introduced concentrated liquidity, dynamic fees, and super pools.

  2. Kyber & Velora Integrations (23 July 2025) – Enabled cross-DEX liquidity sharing and optimized routing.

  3. Security Emphasis (11 August 2025) – Highlighted code-driven trust and audit transparency.

Deep Dive

1. V3 Overhaul (21 July 2025)

Overview: Pangolin V3 redefined its decentralized exchange mechanics, shifting liquidity management to users and introducing dynamic fee structures.

The upgrade introduced concentrated liquidity pools, allowing users to allocate funds within specific price ranges for higher capital efficiency. Dynamic fees adjust based on market volatility, balancing trader costs and liquidity provider (LP) rewards. Super pools combine swap fees and bonus token rewards, requiring LPs to maintain positions within set ranges to earn yields.

What this means: This is bullish for PNG because tighter liquidity spreads reduce slippage, attracting more traders. Dynamic fees could stabilize LP returns during market swings, while super pools incentivize long-term participation. (Source)

2. Kyber & Velora Integrations (23 July 2025)

Overview: Post-V3, Pangolin integrated with KyberNetwork and VeloraDEX to expand liquidity access and routing efficiency.

These integrations let Pangolin tap into Kyber’s aggregated liquidity and Velora’s Avalanche-native infrastructure. Users gain access to deeper pools and optimized trade paths across multiple platforms without leaving Pangolin’s interface.

What this means: This is neutral for PNG because while cross-DEX liquidity improves user experience, it also increases competition for fee revenue. However, broader ecosystem integration strengthens Pangolin’s position as an Avalanche DeFi hub. (Source)

3. Security Emphasis (11 August 2025)

Overview: Pangolin emphasized code-level security assurances, likely referencing audits or architectural hardening.

While specifics weren’t disclosed, the team highlighted “trust written in code,” suggesting rigorous testing or third-party audits. This follows industry trends post-major hacks, where transparency boosts user confidence.

What this means: This is bullish for PNG because robust security reduces exploit risks, critical for retaining institutional and high-value users. Trustworthiness could differentiate Pangolin in a crowded DEX market. (Source)

Conclusion

Pangolin’s V3 and ecosystem integrations signal a focus on capital efficiency and cross-chain interoperability, while security upgrades aim to solidify user trust. With these changes, can PNG leverage its Avalanche roots to outpace competitors in DeFi’s next growth phase?

CMC AI can make mistakes. Not financial advice.