The TVL of Pendle has decreased by approximately 43% in the past week
According to monitoring by ai_9684xtpa, Pendle's TVL has decreased by about 43% in the past week, falling from a high of $62.4 billion on June 27 to just $35.4 billion today. Its data panel shows that the daily average TVL has decreased by $123 million compared to yesterday. The biggest reasons for the decline should be two points: · A large amount of LRT PT expired on June 27, leading to capital withdrawal: Sun alone redeemed tokens worth $293 million; · The yield rate of PT/YT plummeted, and everyone generally felt tired of point play: PT's yield rate fell below 10%, and the new coin listing on pledge agreement did not meet expectations, which also significantly reduced YT's purchase demand.
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