Pangea Swap Concentrated Liquidity Calculator
Calculate Potential Fee Earnings
Estimate your potential fee earnings from providing concentrated liquidity on Pangea Swap based on your capital and price range.
Estimated Earnings
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Potential daily earnings from concentrated liquidity
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Annual Percentage Return (APR)
If you’ve been watching the DeFi scene on Klaytn, you’ve probably heard the name Pangea Swap review pop up. It promises higher yields for liquidity providers and smoother swaps for traders, but does it deliver? This article breaks down the platform’s tech, its numbers, the governance plan, and how it stacks up against the big DEXes you already know.
TL;DR
- Pangea Swap is the first Klaytn DEX to use concentrated liquidity, boosting capital efficiency.
- It hit $10million TVL within two months, but recent data shows an ‘Untracked Listing’ status.
- No governance token has been issued yet; the planned STONE token is still pending.
- For Klaytn‑savvy users who can manage price‑range liquidity, it offers strong upside.
- If you need broad market depth or prefer tracked volume data, look at Uniswap V3 or PancakeSwap instead.
Below you’ll find a step‑by‑step analysis that lets you decide whether to start swapping on Pangea Swap, provide liquidity, or keep an eye on its upcoming token launch.
What is Pangea Swap?
Pangea Swap is a decentralized exchange (DEX) built on the Klaytn blockchain that introduced concentrated liquidity to the network. Launched in early 2023, it aimed to solve the low‑efficiency problem that plagued earlier Klaytn AMM models, which spread liquidity thinly across the entire price curve.
How Concentrated Liquidity Works
Concentrated Liquidity is a mechanism that lets liquidity providers (LPs) allocate their capital to a specific price range instead of the whole curve. By narrowing the range, the same amount of capital supports larger trade volumes with less slippage, and LPs earn higher fees because more of their money is actively used.
Imagine you’re providing liquidity for KLAY/USDT. With a traditional CPAMM, your funds sit idle when the price moves far from the current market. With concentrated liquidity, you set a band-say 950‑1,050 KLAY per USDT-and every trade inside that band taps your pool, boosting fee earnings.
Key Metrics & Early Performance
The platform’s launch was impressive: Total Value Locked (TVL) reached $10million within the first two months, and it topped the 24‑hour volume chart across all Klaytn DEXes. However, latest data from major aggregators now label the exchange as an ‘Untracked Listing’, meaning volume and reserve data are not publicly verified.
This shift raises two practical concerns:
- Transparency: Users can’t easily confirm how much liquidity is actually available.
- Credibility: Institutional traders often avoid platforms lacking tracked data.
Despite the data gap, the on‑chain contract still shows active pools, though the exact depth fluctuates based on LP activity.
Governance & the Missing STONE Token
The team behind Pangea Swap deliberately launched without a governance token. Their rationale was that a token should only appear after the protocol proves its intrinsic value, preventing uninformed investors from buying hype alone.
The intended token, STONE a governance token planned for early 2023, has not been released. No official roadmap update confirms a revised launch date, leaving the community uncertain about future voting rights or token‑based incentives.
For LPs, this means you currently earn only swap fees; there are no extra token rewards to boost returns. If the STONE token eventually launches, it could add a layer of yield farming, but that’s still speculative.
Regulatory & Tax Outlook
Transactions on Pangea Swap fall under standard crypto tax rules in most jurisdictions, including the UK. Tax authorities can trace on‑chain activity, so users should record trade dates, amounts, and fees for reporting. The platform does not appear to hide user data, suggesting compliance with existing regulations.
Competitive Landscape: How Does It Stack Up?
To understand where Pangeur Swap fits, let’s compare it with two well‑known DEXes that also use concentrated liquidity: Uniswap V3 on Ethereum and PancakeSwap on Binance Smart Chain.
| Feature | Pangea Swap | Uniswap V3 | PancakeSwap |
|---|---|---|---|
| Blockchain | Klaytn | Ethereum | Binance Smart Chain |
| Liquidity Model | Concentrated Liquidity (first on Klaytn) | Concentrated Liquidity (V3) | Standard CPAMM (V2) |
| Governance Token | None yet (planned STONE) | UNI | CAKE |
| TVL (as of Oct2025) | $10M (peak) | $30B | $9B |
| Data Transparency | Untracked Listing on major aggregators | Tracked & audited | Tracked & audited |
| Target Users | Klaytn ecosystem, advanced LPs | Broad DeFi community | Broad DeFi community |
Key takeaways:
- Pangea Swap offers a similar liquidity advantage to Uniswap V3 but on a smaller network.
- Its lack of a governance token and untracked data make it riskier for newcomers.
- PancakeSwap, while less efficient liquidity‑wise, provides deep liquidity and clear metrics, which many traders prefer.
Pros, Cons, and Who Should Use It
Pros
- First‑mover on Klaytn for concentrated liquidity - potential for higher LP yields.
- Low transaction fees thanks to Klaytn’s efficient network.
- No governance token means no immediate token‑driven price volatility.
Cons
- ‘Untracked Listing’ status reduces transparency and may deter larger traders.
- Limited pool variety; most pools are KLAY‑paired assets.
- Uncertainty around the STONE token launch adds speculative risk.
Best suited for
- Developers and traders already active on Klaytn.
- Experienced LPs comfortable setting price ranges manually.
- Users looking for low‑fee swaps rather than massive depth.
Not ideal for:
- Beginners who need clear, tracked metrics.
- Institutions requiring audited liquidity reports.
- Anyone seeking immediate token rewards.
Quick Checklist Before You Dive In
- Verify the contract address on the official Klaytn explorer.
- Confirm that the pool you want to join has sufficient depth (check on‑chain liquidity directly).
- Calculate potential fee earnings using a concentrated liquidity calculator (many community‑built tools exist).
- Keep detailed trade logs for tax reporting.
- Stay tuned to official announcements for the STONE token timeline.
Frequently Asked Questions
Is Pangea Swap safe to use?
The smart contracts are publicly verified on Klaytn, but the platform’s ‘Untracked Listing’ status means you can’t rely on third‑party volume data. Use on‑chain explorers to double‑check pool balances before committing large sums.
When will the STONE token be released?
The team has not provided a new launch date. Historically they said Q12023, but no token appears on any blockchain yet. Follow the official Telegram or Discord for updates.
How does concentrated liquidity affect my returns?
By placing liquidity in a narrow price band, a higher proportion of your capital is used for swaps, which translates into larger fee shares. In practice, LPs have reported 30‑70% higher APRs versus standard CPAMM pools on the same network.
Can I trade assets that aren’t on Klaytn?
No. Pangea Swap only supports tokens issued on the Klaytn blockchain. To trade assets from other chains you’d need a bridge or a different DEX.
What fees does the platform charge?
The standard swap fee is 0.25%, which is split among LPs in the active price range. There are no extra platform fees on top of that.
Overall, Pangea Swap brings a solid technical upgrade to Klaytn’s DeFi scene, but the lack of transparent data and a pending governance token keep it in a niche, higher‑risk corner. If you’re already deep in Klaytn and comfortable managing liquidity ranges, it’s worth a trial. Otherwise, you might stay with more established DEXes until the platform resolves its tracking and token‑launch questions.
Finance
Lara Cocchetti
July 22, 2025 AT 17:06They don't want you to realize that Klaytn is just another puppet for the big crypto oligarchs. Every time a "new DEX" like Pangea Swap pops up, it's a smokescreen to keep the powers that be in control. If you think concentrated liquidity is some magic free lunch, you're being duped by the same old financial propaganda.
Ayaz Mudarris
July 23, 2025 AT 04:12Evaluating a decentralized exchange requires a rigorous approach, taking into account both on‑chain metrics and off‑chain market dynamics. The concentrated liquidity model, while innovative, introduces additional variables that must be quantified with precision. I encourage you to simulate a range of price scenarios before allocating capital.
Irene Tien MD MSc
July 23, 2025 AT 15:19Oh, look, another “groundbreaking” DEX that claims to reinvent the wheel with concentrated liquidity. The marketing team must have spent months crafting that glossy UI, hoping to distract us from the fact that underneath it’s just another order book with a fancy veneer. You’re invited to input your capital and watch a calculator spit out “potential earnings,” but remember, those numbers are as real as unicorns. The truth is, the algorithm assumes infinite depth and zero slippage, a fantasy that would make even a seasoned market maker cringe. Meanwhile, the KLAY token itself dances to the tune of the governance council, a group that operates behind a veil of anonymity. Every swap fee you think you’re earning is siphoned into a treasury that no one can audit without a clandestine back‑door request. And let’s not forget the ever‑present risk of rug pulls, where the liquidity providers suddenly find their assets vanished into a black hole. The promised APR is calculated using optimistic volume projections that ignore the reality of fluctuating demand. If you stare long enough at those green numbers, you might hallucinate that you’re part of a decentralized financial revolution. In fact, what you’re really witnessing is the same old centralization in a different costume. The concentrated liquidity model merely concentrates risk, funneling it into narrower price bands where a single price shock can wipe you out. The calculator does not account for gas fees, which in the Klaytn ecosystem can become a hidden tax on every transaction. Moreover, the “user‑friendly” interface masks the complexity of impermanent loss, a beast that devours unassuming investors. So before you get dazzled by the sleek graphics, ask yourself whether you’re buying a ticket to a futuristic train or hopping onto a runaway freight car. Ultimately, the only thing that’s truly concentrated here is the concentration of hope on an unproven protocol that may never deliver the promised returns.
meredith farmer
July 24, 2025 AT 02:26This whole thing smells like a hype‑pump disguised as innovation.
Karl Livingston
July 24, 2025 AT 13:32I get why people are excited; the idea of earning fees on a narrow price range is appealing. However, the real world often throws curveballs that these calculators don’t capture. It’s worth considering the volatility of KLAY and the depth of the pools before diving in. Take your time, run some stress tests, and don’t overcommit capital you can’t afford to lose.
Kyle Hidding
July 25, 2025 AT 00:39Let’s cut through the melodrama: the so‑called “concentrated liquidity” is just a rebranded version of a weighted AMM, which offers no novel arbitrage advantage. The metrics you’re spouting are textbook examples of cherry‑picked data, ignoring the underlying liquidity fragmentation. In short, the protocol is a glorified fee collector with a UI veneer.
Andrea Tan
July 25, 2025 AT 11:46Whoa, easy on the jargon! While the UI might look flashy, some users do find value in the tighter price bands for specific strategies. It’s not all black and white; different risk appetites can make the model work for them.
Gaurav Gautam
July 25, 2025 AT 22:52From a broader perspective, the emergence of concentrated liquidity could diversify the ecosystem if adopted responsibly. It encourages liquidity providers to think strategically about price ranges, potentially improving market efficiency. That said, education is key-novices need clear guidance to avoid costly mistakes. I’d suggest starting with a small allocation and monitoring performance closely. Community feedback will be essential for refining the model.
Robert Eliason
July 26, 2025 AT 09:59Sure, “education” is great, but most folks just chase the hype and dump their cash without reading the fine print. u gotta be real n not fall for every shiny new thing.
Cody Harrington
July 26, 2025 AT 21:06I appreciate the balanced take. If we combine cautious allocation with the tools the platform provides, we might see modest returns without excessive exposure. Collaboration among seasoned LPs and newcomers could also foster a healthier liquidity pool. Let’s keep the conversation constructive and share practical tips.
Chris Hayes
July 27, 2025 AT 08:12While optimism is nice, the numbers still don’t justify the risk. The APR projections are inflated, and anyone ignoring that is willfully blind. I’d advise recalibrating expectations before committing more capital.
mark gray
July 27, 2025 AT 19:19Take it slow and only use what you can lose. Simple math helps avoid big losses.
Alie Thompson
July 28, 2025 AT 06:26You speak as if finance is a playground, but every transaction carries ethical weight. When you allocate capital to a protocol that may conceal its governance, you indirectly endorse opaque power structures. The allure of high yields often blinds participants to the social cost of supporting such ecosystems. Moreover, the environmental impact of unnecessary on‑chain activity cannot be ignored. Transparency should be a non‑negotiable principle, yet many projects prioritize profit over honesty. By demanding accountability, we safeguard both our wallets and the broader integrity of the crypto community. In summary, choose wisely and consider the moral ramifications of each investment.
Samuel Wilson
July 28, 2025 AT 17:32From a coaching standpoint, it’s essential to set clear objectives before engaging with any liquidity pool. Define your risk tolerance, target return, and exit strategy. Regularly review performance metrics against those benchmarks. If the data diverges, adjust your position or reconsider participation. Consistent discipline will serve you better than chasing fleeting hype.
Rae Harris
July 29, 2025 AT 04:39Honestly, the whole concentrated liquidity hype is just another buzzword to get you to lock up KLAY. The jargon masks the fact that you’re essentially betting on a speculative mechanic with no real advantage.