Panora (PANO)

Preview

Market data not yet available

Overview

What is Panora?

Panora is a “super app” for trading on the Aptos network. Instead of hopping between many decentralized exchanges (DEXs), wallets, and bridges, Panora brings everything together in one, clean interface. It unifies liquidity from AMM DEXs, on-chain order books, and even other aggregators to help users find the best routes and rates for swaps on Aptos. In short, it’s a powerful gateway to the Aptos DeFi ecosystem—often described as the Panora blockchain toolkit because it sits at the heart of day‑to‑day trading on Aptos. (panora.exchange)

Key features at a glance

• Meta‑DEX Aggregator that searches across many liquidity sources on Aptos for optimal pricing and slippage. (panora.exchange)
• Cross‑chain “Flows” that combine bridging and swapping to move assets from 10+ networks into Aptos in a single step. (panoraexchange.medium.com)
• Precision trading tools like Limit Orders and automated Dollar‑Cost Averaging (DCA). (aptosfoundation.org)
• Panora Terminal for analytics, portfolio view, and one‑click execution, with a simple, data‑rich dashboard. (docs.panora.exchange)

Panora operates as an application layer on top of the Aptos blockchain, helping users, builders, and partners access deep liquidity and smoother execution. You can explore the product suite at panora.exchange. (panora.exchange)

History & Team

Origins and milestones

Panora originally emerged from the Aptos x Outlier Ventures Move Accelerator under the earlier name SwapGPT. That accelerator placement helped the team plug into the Aptos developer community and refine the product vision before rebranding to Panora. (muskviewer.com)

In August 2025, Panora was featured by the Aptos Foundation in an Ecosystem Spotlight that highlighted its automated swaps (Limit Orders and DCA), signaling growing traction within the Aptos DeFi stack. (aptosfoundation.org)

Founders and leadership

Panora’s founding group is a small, product‑driven team with experience across DeFi, trading infrastructure, and software engineering:

• Rachid Flih (co‑founder), based in San Francisco. (crunchbase.com)
• Keshav Saraogi (co‑founder), with prior roles spanning market making and crypto product teams. (linkedin.com)
• Shraddha Agarwal (co‑founder), with prior experience at major tech and finance firms; she is publicly listed as a co‑founder of Panora. (twstalker.com)

Investors and backers

Panora’s seed round, announced on August 26, 2025, was led by Frictionless Capital with participation from Aptos Labs leaders Avery Ching and Greg Nazario. The project also references earlier accelerator support in the Move ecosystem. (crunchbase.com)

On its site, Panora lists these backers and highlights its “Super App of Aptos” positioning, underscoring credibility within the Aptos ecosystem. (panora.exchange)

Technology & How It Works

Meta‑DEX aggregation and smart routing

Panora’s Meta‑DEX Aggregator pulls in liquidity from AMMs, concentrated‑liquidity AMMs, on‑chain order books, liquid staking markets, and even other aggregators on Aptos. When you enter a swap, Panora’s router analyzes many possible paths (including multi‑hop routes) and can split orders across venues to improve the final execution price. This happens behind the scenes so the user sees a single, simple trade flow with best‑route execution. (docs.panora.exchange)

Limit Orders and DCA automation

Two tools make Panora stand out for active and passive strategies:

• Limit Orders let you set a target price and size; once the on‑chain price hits, the trade executes automatically.
• DCA schedules recurring buys over time, smoothing entries and reducing timing stress for long‑term accumulation.
  Aptos’s official spotlight notes Panora as the first to bring these automation features directly at the point of execution in the Aptos ecosystem. (aptosfoundation.org)

Panora Flows: bridge + swap in one step

Cross‑chain activity is often messy. Flows merges bridging and swapping so users can move tokens from 10+ EVM and non‑EVM chains into a chosen Aptos asset in one seamless action. Panora scans multiple bridges and liquidity sources to choose efficient paths, reducing hops and manual steps. (panoraexchange.medium.com)

Terminal and developer APIs

Panora Terminal is an all‑in‑one trading dashboard for Aptos tokens. It includes real‑time charts, trend screens, portfolio view, and a one‑click Buy button that plugs into Panora’s swap engine. Fees for trades executed via the Terminal tab are set at 1%. For builders, Panora exposes public APIs and SDKs, including a token list and price feeds for the Aptos network. (docs.panora.exchange)

Gasless user experience

Aptos forum posts detail how Panora has used gas‑sponsorship infrastructure to cover transaction gas for users. This means a new user can execute a first swap on Aptos without already holding APT in the wallet, making onboarding easier and faster. (forum.aptosfoundation.org)

Tokenomics & Utility

Is there a PANO token today?

As of October 2025, Panora states that there is currently no token sale or airdrop. The team warns users to treat any such claims as false. The project has not publicly released “Panora tokenomics” or a detailed whitepaper for a PANO token. If and when the PANO token is announced, official tokenomics and timelines should come from Panora’s own channels. (docs.panora.exchange)

Possible utility design if PANO launches

While official details have not been published, many exchange‑layer tokens follow a familiar pattern. If a PANO token is introduced in the future, it may—subject to the team’s final design—play roles such as:

• Governance over protocol parameters, listings guidelines for the token list, or future feature priorities.
• Fee rebates or “loyalty tiers” in Panora Terminal, Swap, or automation tools.
• Staking or points‑to‑token conversion for long‑term users, integrators, or liquidity partners.
• Incentives for cross‑chain “Flows” usage and for builders integrating Panora APIs.

Any future “PANO price” would be market‑driven and displayed dynamically on this page; Panora Terminal can also track tokens and pairs once live. (docs.panora.exchange)

Ecosystem & Use Cases

Unified trading on Aptos

Panora connects to most major liquidity venues on Aptos, including AMMs and order books. Its site lists a wide set of partners and integrations—such as Liquidswap, Pontem, Cetus, Econia, PancakeSwap, Sushi, Tapp/Hyperion CLAMMs, and more—so the aggregator can search many pools at once for better routing. (panora.exchange)

For everyday users, the main use case is simple: type the token you want to buy or sell, let Panora scan the network for the best path, and confirm the swap. Power users use Limit and DCA for more structured strategies. (panora.exchange)

Cross‑chain on‑ramps into Aptos

With Flows, users can bridge from EVM and non‑EVM chains (for example Ethereum, Arbitrum, Polygon, Base, Solana, BNB Chain) and arrive in the Aptos token of their choice in a single operation. It removes the need to manually jump between bridge UIs and DEXs. (forum.aptosfoundation.org)

Builders, data, and the broader stack

For developers, Panora’s public token list and price feeds make it easier to build wallets, bots, portfolio tools, and social‑trading experiences. The project highlights integrations across DeFi, wallets, and even gaming/social corners of Aptos—examples include Petra, Martian, Pontem, Nightly, Backpack and projects like Kade (social) or Aptos Shaker (gaming). This aligns with the keyword themes of “Panora DeFi, NFTs, gaming,” since aggregated liquidity supports tokens used across those verticals. (panora.exchange)

Aptos Foundation’s Ecosystem page and Spotlight blog further position Panora as a core execution layer in the network’s growth. (aptosfoundation.org)

Advantages & Challenges

Advantages

• Unified liquidity: By aggregating AMMs, order books, and other aggregators, Panora often finds better execution than a single venue. (docs.panora.exchange)
• Automation built‑in: Limit Orders and DCA help users set rules and let the system do the rest. (aptosfoundation.org)
• Cross‑chain convenience: Flows folds bridging and swapping into one step for 10+ chains. (panoraexchange.medium.com)
• Data‑rich interface: Panora Terminal blends discovery, charts, and execution with portfolio view. (docs.panora.exchange)
• Ecosystem integrations: Wide wallet and protocol support lowers friction for both users and builders. (panora.exchange)
• Backed by notable names: A 2025 seed round led by Frictionless Capital with participation from Aptos Labs leaders adds credibility. (crunchbase.com)

Challenges

• Token not yet announced: Without public “Panora tokenomics,” some community members may simply wait for clarity around a PANO token. (docs.panora.exchange)
• Aggregator competition: As more aggregators appear on Move and EVM chains, Panora must keep its routing, UX, and partnerships ahead.
• Cross‑chain dependencies: Flows improves UX but still relies on the underlying bridges and liquidity on external networks.

Where to Buy & Wallets

Where to buy PANO

If and when a PANO token launches, the most direct path for many users will likely be Panora itself. The Meta‑DEX Aggregator can route buys and sells across Aptos venues to find efficient pricing. In practice, “where to buy PANO” would look like this:

1. Connect a supported Aptos wallet (Petra, Martian, Pontem, Nightly, Backpack, OKX, and others).
2. Open Swap or Terminal, search “PANO,” and let the router select the best route.
3. Confirm the trade.
   Because Flows unifies bridging and swapping, newcomers could also bridge from other networks and land directly into PANO on Aptos in one step once the token is live. (panora.exchange)

Until then, Panora Terminal remains useful for discovering Aptos tokens and executing trades in the ecosystem while tracking portfolios and market screens. (docs.panora.exchange)

Wallets and setup

Panora supports many Aptos wallets, including Petra, Martian, Pontem, Nightly, Backpack, MSafe, OKX Wallet, and more. After installing a wallet, create or import an account, fund it with assets (or bridge through Flows), then connect to app.panora.exchange to begin trading. (panora.exchange)

Regulatory & Compliance

Panora regulatory status

Panora presents itself as a DeFi interface and provides legal terms and disclaimers on its docs site. These materials explain that the website content is not advice and outline general terms for using the interface. The public materials do not describe any specific financial licenses or registrations in major jurisdictions. Users interact through self‑custodial wallets, and Panora’s Terms and Legal Disclaimer frame the service as software that facilitates on‑chain actions. (docs.panora.exchange)

Because rules vary by country, partners and builders typically review local requirements before integrating DeFi tools. The Aptos Foundation’s ecosystem listings and spotlights are informational; they are not the same as regulatory approvals. (aptosfoundation.org)

Panora halal and PANO shariah compliance

There is no official statement or certification that Panora, or a hypothetical PANO token, is “Panora halal” or “PANO shariah compliant.” The project has not published any shariah board review or related attestation, so its halal status remains unverified at this time. (docs.panora.exchange)

Future Outlook

Panora’s product direction is clear: make Aptos trading seamless for everyone. Expect continued work on three fronts:

• Execution: Even smarter routing, tighter spreads, and more automation inside the Swap, Limit, and DCA stack.
• Cross‑chain access: Expanded Flows support for more networks and more asset types, reducing onboarding friction to Aptos. (panoraexchange.medium.com)
• Builder adoption: More SDKs, feeds, and partner integrations so wallets, social apps, games, and analytics tools can embed “best execution” by default. (docs.panora.exchange)

Aptos’s own spotlight coverage and ecosystem listings suggest the team is aligned with the network’s push into real‑world apps. If a PANO token is introduced, the “Panora tokenomics” will likely tie usage across Swap, Terminal, and Flows to ownership and governance. Any future “PANO price” will be tracked in the dynamic section of this page and could also appear inside Panora Terminal once live. (aptosfoundation.org)

Summary

Panora is a unified trading hub on Aptos that blends an advanced Meta‑DEX Aggregator, automated strategies (Limit Orders and DCA), a cross‑chain Flows pipeline, and a data‑rich Terminal. It’s positioned as a core execution layer for the Aptos ecosystem—what many refer to informally as the Panora blockchain toolkit—serving users, builders, and partners across DeFi, NFTs, and gaming. Backed by investors like Frictionless Capital and supported by leaders from Aptos Labs, the project has momentum and mindshare on Aptos. As of now, there is no public PANO token or published “Panora tokenomics,” so details about PANO price and where to buy PANO will become relevant once the team announces them. For today, Panora’s value is clear: discover tokens, route trades for better execution, automate strategies, and bridge seamlessly into Aptos—all in one place. (panora.exchange)