Trouble for Pendle? on Bankless

bankless.com/good-times-over-pendle

End of an Era? Holders of PENDLE woke up to find their bags down nearly 8% on the day. What caused the price to slide, and can the yield-splitting protocol continue to provide enhanced upside going forward?
The relative valuation of PENDLE had outperformed BTC by nearly 300% during 2024, bolstered by a two-and-a-half week pump that began in the middle of last month and…

This story appeared on bankless.com, 2024-04-26.
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