Pendle Experiences Significant TVL Drop Amidst Market Expirations And End Of Renzo’s...

Pendle Experiences Significant TVL Drop Amidst Market Expirations And End Of Renzo’s Points Program

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Source: TheMerkle.com

Pendle, a prominent DeFi protocol, has seen a dramatic 40% decline in its total locked value (TVL) over the past week.

Since Wednesday, users have withdrawn nearly $3 billion, reflecting a noticeable decrease in interest in restaking airdrops. This decline is further compounded by the imminent conclusion of Renzo’s points program at the end of July.

Pendle's total locked value (TVL) has fallen 40% in the past week. Since

Read More https://themerkle.com/pendle-experiences-significant-tvl-drop-amidst-market-expirations-and-end-of-renzos-points-program/

The post "Pendle Experiences Significant TVL Drop Amidst Market Expirations And End Of Renzo’s Points Program" appeared first here TheMerkle.com.

Source: TheMerkle.com

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