HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that Pangolin Exchange, a multi-chain decentralized exchange (DEX), has launched on the Hedera network. As part of the DEX launch on the Hedera network, the HBAR Foundation said Pangolin would integrate with the Hedera Smart Contract Service, Hedera Consensus Service (HCS), and Hedera Token Service (HTS) , allowing users to swap, farm, stake, and vote on Hedera.
Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0726 at press time, down by 3% over the last 24 hours.