You don't need mindshare to find PMF.

I haven’t seen anyone mention this, but since Oct 2023, @PancakeSwap has closed every single month with positive earnings (stats via @tokenterminal).

There’s no incentive for talking about it. No (engagement farming) leaderboard. No points programs.

However, It’s currently the #2 protocol by revenue distributed to token holders (30d), only behind Hyperliquid.

• Hyperliquid: $63m

• Pancakeswap: $59m

• Tron: $55m

It’s also the #2 protocol by fees generated (30d), second only to Tether.

• Tether: $592m

• Pancakeswap: $274m

• Circle: $191m

0% mindshare.

2nd biggest business in crypto.

Let that sink in.