Pendle, a DeFi protocol rooted in yield tokenization, showcases both promise and volatility in the crypto market for years spanning from 2024 to 2031. Prices and performance show fluctuations, evidenced by discussed potential for new record highs and subsequent downward trends surrounding key figures like Arthur Hayes. Pendle's Total Value Locked (TVL) exhibited substantial growth, surpassing a $7 billion All-Time High (ATH), marking a 52% upswing within a four-month window. As a pioneer in the yield market, Pendle manifests an innovative approach, notably extending yield opportunities for Bitcoin holders via newly launched BTC pools. Further,
Pendle demonstrated resilience, claiming to recover $105 million after a significant $27 million hack. Ethena Labs USDe growth, fueled by Pendle's financial technique, shot up by 100% within three weeks. Partnerships were formed, including one with Converge for TradFi integration, and
Pendle launched monthly airdrop programs for vePENDLE holders. However, controversies surrounded Pendle, especially when Arthur Hayes chose to move and sell significant amounts of the token.
Pendle expands its ecosystem through its integration with Berachain and Falcon Finance alongside its high yield pools. It is also a part of leading RWA Altcoins for trading in September 2024.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Wed, 30 Jul 2025 13:02:37 GMT -
Rating 4
- Innovation 5
- Information 8
- Rumor -3
