PancakeSwap observed growth in terms of TVL, however, the growth could come to a halt. Uniswap’s deployment may impact PancakeSwap’s growth. A 17 December update by PancakeSwap [CAKE] revealed that despite the market’s bearish conditions, the DEX had witnessed a spike in its total value locked (TVL). According to DefiLlama’s data, PancakeSwap’s TVL grew materially over
