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High Ether Yields Drive $50M to DeFi Protocol Pendle Finance

The total locked value of assets on the platform has risen over 300% since the start of this year, DefiLlama data shows.

Updated May 9, 2023, 4:12 a.m. Published Apr 6, 2023, 9:31 a.m.
Yield management protocol Pendle Finance has attracted over $50 million amid renewed interest in such products from traders looking to passively capture market returns. (Sakchai Vongsasiripat)
Yield management protocol Pendle Finance has attracted over $50 million amid renewed interest in such products from traders looking to passively capture market returns. (Sakchai Vongsasiripat)