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Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now


Apr, 02, 2025
< 1 min read
by Anisha Pandey
for CoinEdition
Pendle Whales Accumulate: $8M PENDLE Leaves Binance Weekly
  • Pendle sees surge in whale withdrawals from Binance (~$8M in 5 days) per Lookonchain
  • Project offers high DeFi yields (12%+) contrasting low market average (5.8%)
  • PENDLE price (~$2.95) shows slight gain; needs to hold $2.60 EMA support

Pendle (PENDLE), a DeFi protocol focused on tokenized yield trading, drew attention recently due to a reported surge in large whale transactions associated with its token. 

According to data from on-chain analytics provider Lookonchain, five newly created wallets collectively withdrew 2.66 million PENDLE tokens from Binance.

This amount was valued near $7.9 million over the past five days, as reported by Lookonchain. This significant off-exchange movement suggests growing confidence among large holders and sets up a bullish price movement for PENDLE if accumulation continues.

Historically, large wi…

The post Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition
Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

The altcoin market that has been overshadowed by Bitcoin dominance of late, might jus...
Apr, 05, 2025
< 1 min read
by CoinEdition
MainNewsLooking for ...

Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now


Apr, 02, 2025
< 1 min read
by Anisha Pandey
for CoinEdition
Pendle Whales Accumulate: $8M PENDLE Leaves Binance Weekly
  • Pendle sees surge in whale withdrawals from Binance (~$8M in 5 days) per Lookonchain
  • Project offers high DeFi yields (12%+) contrasting low market average (5.8%)
  • PENDLE price (~$2.95) shows slight gain; needs to hold $2.60 EMA support

Pendle (PENDLE), a DeFi protocol focused on tokenized yield trading, drew attention recently due to a reported surge in large whale transactions associated with its token. 

According to data from on-chain analytics provider Lookonchain, five newly created wallets collectively withdrew 2.66 million PENDLE tokens from Binance.

This amount was valued near $7.9 million over the past five days, as reported by Lookonchain. This significant off-exchange movement suggests growing confidence among large holders and sets up a bullish price movement for PENDLE if accumulation continues.

Historically, large wi…

The post Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition
Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

The altcoin market that has been overshadowed by Bitcoin dominance of late, might jus...
Apr, 05, 2025
< 1 min read
by CoinEdition