On Pendle Maturities: An End to Stronger New Beginnings In DeFi, few events spark more uncertainty than asset maturities. This is most apparent on @pendle_fi's V2 yield tokenised pools. In the case of large pool(s) maturities, we're talking about unwinding $$$ billions which represents a large % of its TVL. But in Pendle’s case, history tells a different story: maturities aren’t a concluding event, but rather they’re catalysts. Why so? Each cycle has proven Pendle’s resilience, reinforced its design & paved the way to higher growth. Over time, Pendle has seen multiple large maturities, each exceeding $500M-$2.5B. And in every case, the system has absorbed the shock & come back stronger: • 25th April 2024: $1B in restaking assets matured ( $ezETH, $eETH, $rsETH) *TVL fell from $5B → $4B (-20%) •27th June 2024: $2.5B matured across restaking + DEX assets (GLP) *TVL dropped from $6.2B → $3.7B (-40%) [The largest drawdown recorded] •26th Sept 2024: $0.5B matured (restaking +...
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