Pendle TVL reached $4 billion with a total transaction volume of $10 billion
2024-04-04 11:53:11
The revenue platform Pendle's TVL reached $4 billion, with platform trading volume reaching $10 billion. On April 2nd, the daily trading volume exceeded $400 million. Pendle has significantly benefited from the Ethereum staking boom, with most transactions on the platform focused on Ethereum liquid tokens that generate returns. The inflow of funds from these liquid collateral platforms has increased Pendle's TVL.
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