๐ Pendle Hits $10.26B TVL Milestone ๐
According to PANews & DefiLlama, the yield tokenization protocol Pendle ($PENDLE ) just crossed a massive $10.26 billion in Total Value Locked (TVL) โ cementing its position as one of the hottest projects in DeFi right now.
๐น Key Metrics:
TVL: $10.26B
Annualized Fee Revenue: $78.19M
Annualized Yield: $77.02M
FDV (circulating): $761M
24H Trading Volume: $180M
โก๏ธ Why this matters
Pendle is pioneering yield tokenization โ a way for DeFi users to split future yield from principal and trade it freely. With TVL exploding into the billions, itโs showing serious adoption and strong demand for structured yield products.
๐ Takeaway: Pendle isnโt just growing โ itโs printing real revenue and leading a new era of yield-based DeFi innovation.
