Hey there, crypto enthusiasts! If you’ve been keeping an eye on the decentralized finance (DeFi) space, you’ve probably heard of DefiLlama, the go-to platform for tracking total value locked (TVL) and other key metrics. Recently, they dropped some exciting news on X that caught our attention at Meme Insider. On July 23, 2025, DefiLlama announced they’re now tracking Pangolin V3 on their Fees & Revenue Dashboard. Let’s break it down and see what this means for the DeFi community!

What’s the Big Deal with Pangolin V3?

Pangolin is a decentralized exchange (DEX) built on the Avalanche blockchain, known for its speed and low-cost transactions. The V3 update brings some fresh features, and now, thanks to DefiLlama, we can see how it’s performing in terms of fees and revenue. The tweet included a snapshot of the dashboard, showing some impressive numbers. For instance, the annualized fees are sitting at $1,354, with a 30-day fee total of $111. Revenue figures are also on the rise, with $26.8 annualized and $22 over 30 days. That’s a lot of activity for a DEX!

Diving into the Dashboard

The image shared by DefiLlama gives us a peek at the Fees & Revenue Dashboard. You’ll notice a graph with blue bars spiking over time, indicating fluctuating fees. This visual is super helpful for spotting trends—looks like Pangolin V3 had some busy periods in June and July 2025! The dashboard also lists key metrics like cumulative fees ($111), DEX volume ($3.2m over 30 days), and even holders’ revenue ($134 annualized). It’s like a health check for the platform, showing how much value it’s generating for users and the ecosystem.

Why This Matters for Meme Token Fans

At Meme Insider, we love digging into how DeFi platforms like Pangolin support the wild world of meme tokens. Pangolin’s community-driven approach—where users shape the platform’s future—aligns with the spirit of meme coins, which often thrive on community hype. The tracking by DefiLlama could signal more attention on Avalanche-based projects, potentially boosting meme tokens traded on Pangolin. Plus, with features like fee distribution to DAOs (80% to the new DAO, 20% to the Pangolin Foundation), it’s a system that keeps the community in the loop.

What’s Next?

This move by DefiLlama to track Pangolin V3 is a big win for transparency in DeFi. It gives traders, developers, and meme coin enthusiasts a clearer picture of how DEXs are performing. If you’re into crypto analytics or just curious about where the market’s heading, keep an eye on this dashboard. Who knows? The next big meme token surge might just start on Pangolin!

Want to dive deeper? Check out Pangolin’s official blog for more on their community-powered model, or explore DefiLlama’s site for the latest updates. Got thoughts on this? Drop them in the comments—we’d love to hear from you!