👀 PENDLE is significantly undervalued, with an FDV of only $616 million (62% of tokens are in circulation), but its TVL continues to reach new highs at 2.37 million ETH, ranking among the top six DeFi protocols, and is one of the few protocols that achieve substantial real returns.
As one of the leading protocols in the integration of DeFi and RWA, it adopts a profit-sharing model and has long-term sustainability; if it stabilizes above the key resistance level of $2.4, it is expected to aim for a range of $2.9 to $3.4 in the short term, with a potential short-term increase of 21%-42%.
Compared to similar protocols (such as UNI and AAVE), PENDLE shows significant undervaluation in both the TVL/valuation ratio and actual return capability dimensions. $PENDLE
As one of the leading protocols in the integration of DeFi and RWA, it adopts a profit-sharing model and has long-term sustainability; if it stabilizes above the key resistance level of $2.4, it is expected to aim for a range of $2.9 to $3.4 in the short term, with a potential short-term increase of 21%-42%.
Compared to similar protocols (such as UNI and AAVE), PENDLE shows significant undervaluation in both the TVL/valuation ratio and actual return capability dimensions. $PENDLE
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PENDLE
3.366
+0.96%