Pendle's TVL Hits Record $8.3B After Yield-Trading Platform Debut

coindesk.com/markets/2025/08/09/pendle-s-tvl-hits-record-usd8-3b-after-yield-trading-platform-debut

Pendle’s total value locked (TVL) has surged to a record $8.27 billion, while its native token PENDLE climbed 45% over the past week to $5.6 on the back of the protocol’s new yield-trading platform.
With bitcoin funding rates averaging about 10% annualized this week and roughly $80…

This story appeared on coindesk.com, 2025-08-09 16:43:29.
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