PENDLE jumps 15% after record $158M daily trading volume
- —Pendle's October 20 volume hit $158M, the highest since November 2025
- —Ethereum drove $121.8M of volume, followed by Monad at $20.8M and Plasm at $3.7M
- —80% of protocol revenue is distributed to sPENDLE holders
- —PENDLE gained 15% to $2.2, with $2.8 as the next target
Why it matters: Higher volume and revenue could push PENDLE back toward its $2.8 peak, but a break below $2.2 support risks a slide to $2.0–1.6.
Source: AMBCrypto