DeFi Yield Market Pendle TVL has risen more than 250% since 2023
2023/04/12 09:36
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
DefiLlama data shows that the DeFi yield market Pendle TVL has risen over 250% since the beginning of this year, with Ether accounting for $27 million, Arbitrum for $25 million and Avalanche for less than $1 million of the total $54 million TVL.
Of these, stETH, rETH, frxETH and ankrETH account for 44% of the Pendle TVL, followed by GMX protocol's GLP at 20% and Gains Network's gDAI at 15%.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
Crypto prices
MoreBitcoin
BTC
$84,494.69
+0.60%
Ethereum
ETH
$2,699.24
+0.35%
Tether USDt
USDT
$0.9997
-0.01%
BNB
BNB
$772.19
-0.37%
XRP
XRP
$1.52
-2.72%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$121.23
-0.18%
TRON
TRX
$0.3329
-1.33%
Zcash
ZEC
$1,640.96
+6.74%
Hyperliquid
HYPE
$93.33
+1.26%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now