Pangolin V2 · Avalanche

PNG-WAVAX

Overview

The Pangolin V2 PNG-WAVAX pool on Avalanche is a liquidity position for the PNG and WAVAX token pair, generating yield through trading fees collected by the decentralized exchange (DEX). Total APY stands at 7.16%, with no additional reward component. The 7-day trend shows an uptick of 0.01% while the 30-day trend indicates a decline of 6.12%, placing the current rate below the 30-day mean of 9.12%. TVL is $234K, with no reported change over the past week; primary exposure includes impermanent loss risk due to multi-asset holdings. This liquidity pool benefits from Pangolin's automated market-making mechanism, ensuring a steady stream of trading fees for liquidity providers.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 6.00%; 30-day mean is 18.21%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 57% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.