Source: TheMerkle.com
Like many altcoins, Pendle ($PENDLE) saw impressive gains during Monday’s trading session, hitting a 50-day high of $3.68.
This surge followed the opening of bitcoin-linked liquidity pools with Lombard Finance and Use Corn, offering fixed annualized yields of just over 10% and floating yields as high as 45%. The move has strengthened Pendle’s fundamentals, attracting more attention to the platform.
DeFi platform @Pendle_fi has opened bitcoin-linked pools with @Lombard_Finance and
Read More https://themerkle.com/pendle-surges-to-50-day-high-amidst-new-bitcoin-linked-pools-arthur-hayes-eyes-profits/
The post "Pendle Surges To 50-Day High Amidst New Bitcoin-Linked Pools; Arthur Hayes Eyes Profits" appeared first here TheMerkle.com.
Source: TheMerkle.com
