Pendle's Total Value Locked Surpasses $5 Billion, Strengthening DeFi Position

According to BlockBeats, decentralized yield protocol Pendle has announced that its total value locked (TVL) has once again exceeded $5 billion following the expiration of various asset pools. This milestone further solidifies Pendle's role in DeFi yield infrastructure. Currently, approximately $2. 5 billion worth of Pendle PT is widely used as collateral in major currency markets, marking a 52% increase compared to four months ago, demonstrating strong growth momentum and high recognition in the DeFi market source: https://www.binance.com/en/square/post/26003362691809?utm_source=BinanceNewsRSS