Another underrated part of pendle is the fixed yield component (PT) There are a lending protocols that are trying to do fixed yield, but in a way it's actually a solved problem.
Pendle has just cleaned up $805m in daily trading volume which is a brand new ATH 🥳 This would have taken over 1 month in cumulative volume in 2024. Next stop: $1T daily trading volume (with maybe a few stops in between) Pendle
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