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.
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