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MainNewsPendle DeFi ...

Pendle DeFi Protocol: A Case Study in Crypto Market Volatility


Jul, 04, 2024
1 min read
by CoinEdition
Pendle DeFi Protocol: A Case Study in Crypto Market Volatility
  • Pendle TVL crashed almost 50% from all-time high of $6.721 billion.
  • The maturation of LRTs is cited as a major reason for the TVL crash. 
  • The broader market meltdown could push the TVL and PENDLE token price lower.

Pendle, a DeFi protocol at the forefront of tokenization, has seen its Total Value Locked (TVL) nearly halved since mid-June, as the broader crypto market faces a sustained period of volatility and investor caution.

The downward spiral began June 27th, and since then, the values have been on a steady decline. 

According to DefiLama, Pandle’s TVL is currently $3.49 billion, down almost 50% from the all-time high of $6.721 billion on June 10. The highest TVL is on the Ethereum chain ($3.1 billion), followed by Arbitrum ($273.4 million) and Mantle ($114.63 million). 

As per @ai_9684xtpa, a crypto and DeFi enthusiast on social media platform X (formerly known as Twitter), the broader crypto market meltdown could lead to a further decline in Pendle’s TVL.

“The downward trend may not change in the short term due to the impact of the market.”

Data from Sentio shows that today’s trading volume stands at $21.7 million, while yesterday�…

The post Pendle DeFi Protocol: A Case Study in Crypto Market Volatility appeared first on Coin Edition.

Read the article at CoinEdition

Read More

FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead?

FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead?

FUNToken (FUN) rocketed to new 2025 highs in a powerful rally, spiking over 66% in a ...
Apr, 05, 2025
< 1 min read
by CoinEdition
DeFi TVL Drops Over 30% Since December Peak, Data Reveals

DeFi TVL Drops Over 30% Since December Peak, Data Reveals

The total value locked (TVL) in decentralized finance (DeFi) has plummeted more than ...
Apr, 04, 2025
3 min read
by Cryptonews
MainNewsPendle DeFi ...

Pendle DeFi Protocol: A Case Study in Crypto Market Volatility


Jul, 04, 2024
1 min read
by CoinEdition
Pendle DeFi Protocol: A Case Study in Crypto Market Volatility
  • Pendle TVL crashed almost 50% from all-time high of $6.721 billion.
  • The maturation of LRTs is cited as a major reason for the TVL crash. 
  • The broader market meltdown could push the TVL and PENDLE token price lower.

Pendle, a DeFi protocol at the forefront of tokenization, has seen its Total Value Locked (TVL) nearly halved since mid-June, as the broader crypto market faces a sustained period of volatility and investor caution.

The downward spiral began June 27th, and since then, the values have been on a steady decline. 

According to DefiLama, Pandle’s TVL is currently $3.49 billion, down almost 50% from the all-time high of $6.721 billion on June 10. The highest TVL is on the Ethereum chain ($3.1 billion), followed by Arbitrum ($273.4 million) and Mantle ($114.63 million). 

As per @ai_9684xtpa, a crypto and DeFi enthusiast on social media platform X (formerly known as Twitter), the broader crypto market meltdown could lead to a further decline in Pendle’s TVL.

“The downward trend may not change in the short term due to the impact of the market.”

Data from Sentio shows that today’s trading volume stands at $21.7 million, while yesterday�…

The post Pendle DeFi Protocol: A Case Study in Crypto Market Volatility appeared first on Coin Edition.

Read the article at CoinEdition

Read More

FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead?

FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead?

FUNToken (FUN) rocketed to new 2025 highs in a powerful rally, spiking over 66% in a ...
Apr, 05, 2025
< 1 min read
by CoinEdition
DeFi TVL Drops Over 30% Since December Peak, Data Reveals

DeFi TVL Drops Over 30% Since December Peak, Data Reveals

The total value locked (TVL) in decentralized finance (DeFi) has plummeted more than ...
Apr, 04, 2025
3 min read
by Cryptonews