DeFi· ★★· neutral·

Pendle daily volume hits $159 million, led by Ethereum

  • —Pendle's 24-hour trading volume reached $159 million
  • —Ethereum accounted for $121.5 million of the turnover
  • —Protocol TVL grew only modestly during the day
Why it matters: The volume spike signals renewed demand for yield trading in DeFi, though TVL growth is lagging the turnover.
#ETH
Source: The Defiant
More on this
DeFi · Oct 13
Stellar Fees Fall to $0.00012 as Daily Transactions Hit 12 Million
 Markets · yesterday
Kalshi weekly volume hits record $21.5B as trades top 100 million
 Markets · Oct 16
Ethereum Led Nearly $1 Billion in Crypto Liquidations as Traders Held Positions Into the Drop