RE: PancakeSwap Data on TVL, Trading Volume, Users and Supply

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WoW 😳 very interesting datas. This TVL is just going exponential !

We can see that the TVL is the metric that is the most correlated with the underlying performance of the $CAKE asset.

Also, on a more bearish side despite the TVL climbing to ATH. Users and Daily volume is flat. You need both of these up for the LT appreciation of $CAKE.

Let’s wait and see !

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hive-167922 leofinance
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Users and volume are not as flat on a months scale :)
Only in days/week

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Indeed, I have always been too much focused on the short term I guess :D

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