Comparing and Identifying Which of the Top DEXs is Still Undervalued

  1. Uniswap (UNI)
  2. PancakeSwap (CAKE) and
  3. Quickswap (QUICK)
  • Total Value Locked: $7.75 billion
  • Mcap/ TVL ratio: 0.67
  1. Providing Liquidity
  2. Voting on Governance Decisions
  3. Speculating and trading
  • Total Value Locked: $5.08 billion
  • Mcap/ TVL ratio: 0.477
  • Total Value Locked: $875.54 million
  • Mcap/ TVL ratio: 0.097
  1. Providing Liquidity
  2. Yield Farming
  3. Voting on Governance Decisions
  4. Staking in the Dragon’s Lair to earn more $QUICK
  5. Staking in Dragon’s Syrup Pools to earn other tokens
  6. Participating in IDOs
  7. Speculating and trading

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