Pendle: less than 7% of tokenized stocks is used in DeFi
- —Tokenized stock issuance grew nearly 10-fold over the year
- —Less than 7% of their value is used in DeFi
- —Pendle plans to expand listings and introduce a curator model
- —Pendle's trading volume is currently virtually absent
Why it matters: Tokenized stocks are a fast-growing segment, and their integration into DeFi could provide a new source of yield and liquidity.
Source: Cryptonews.net