🥞 #PancakeSwap Dominates DeFi, But $CAKE Lags Behind
PancakeSwap is crushing it in DeFi — #1 in DEX volume with 66.9% market share and over $149B in monthly trades, outpacing #uniswap $UNI . 🔥
🚀 Recent wins:
$120M+ in fees (Top 3 globally)
Tech upgrade fixes TVL data issues
Launch of Infinity (v4) boosts liquidity & fees
📉 But #Cake isn’t keeping up — down 9% in 24h, trading at $2.53, still -93.9% from ATH.
Is CAKE undervalued or just lagging behind the hype?