Pendle co-founder: Over 83% of the TVL on the platform comes from stablecoins, and the weekly volume has reached a historical high.

Odaily News Pendle co-founder @tnpendle stated on social media that currently, over 83% of Pendle's TVL comes from stablecoins, and last week achieved a weekly volume of 1.42 billion USD, setting a new high since the platform's inception, mainly driven by the expiration event on May 29 (1.6 billion USD TVL expired), creating the best historical liquidity retention rate.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)