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Pendle
Ether Outperforms Bitcoin as Token 2049 Concludes, Overall Crypto Market Stays Flat
The CoinDesk 20 is beginning the week flat.
Bitcoin Yields as High as 45% on Offer in Pendle's New Pools
The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.
DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.
Bitcoin Rises for a Fifth Day; DeFi Platform Nears $1B in Total Value Locked
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin (BTC) is rising for a fifth day, surpassing the $47,000 mark early on Friday. Pendle has almost reached $1 billion in total value locked, with most of that value locked in within the last six months. And, crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.
