📈 Just In: $PENDLE TVL Hits $8.3B as New Yield-Trading Platform Takes Off 🚀
Pendle’s TVL just smashed a record $8.27B, with PENDLE surging 45% in a week to $5.6. The boost comes from the launch of Boros, its innovative yield-trading platform, letting users long or short funding rates through Yield Units (YUs).
Early adoption is strong — over $1.85M deposited in just 2 days — and activity on Arbitrum is soaring. With plans to expand beyond $BTC & $ETH to staking rewards and tokenized T-bills, Pendle is shaping up as a DeFi powerhouse. 💥
