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Pangolin is a decentralized exchange (DEX) and liquidity hub on the Avalanche network that lets users swap tokens, provide liquidity, and earn rewards with full custody of their funds. It features concentrated liquidity, SuperPools with dual rewards (PNG and AVAX or partner tokens), NFT-based liquidity positions, dynamic/adaptive fees, multiple fee tiers, and in-range farming to optimize yields. Launched in 2021 by Ava Labs, Pangolin is backed by major partners such as Avalanche, Coinbase, Thorchain, Axelar, Flare, and Squid, and supports multiple networks including AVAX, Hedera, Flare, and SGB.
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