---
description: >-
  Pangolin is a decentralized exchange (DEX) which runs on Avalanche, uses the
  same automated market-making (AMM
---

# Pangolin

Pangolin is a decentralized exchange (DEX) which runs on Avalanche, uses the same automated market-making (AMM) model as [Uniswap](https://docs.uniswap.org/protocol/V2/concepts/protocol-overview/how-uniswap-works), features a native governance token called **PNG** that is fully community distributed and is capable of trading all tokens issued on Ethereum and Avalanche. In a crowded marketplace with multiple contenders, Pangolin offers three critically important benefits: **fast and cheap trades**, **community-driven development**, and a **fair and open token distribution**.

For more information on Pangolin, please visit their [official documentation](https://pangolin.exchange/tutorials/getting-started/):

{% embed url="https://pangolin.exchange/tutorials/getting-started/" %}

