Pendle TVL exceeds US$10 billion, setting a new record high

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On August 23, Pendle co-founder TN Lee posted that Pendle TVL exceeded US$10 billion, setting a new record high.

TN Lee said that Pendle has grown from a niche experiment to the cornerstone of DeFi, and the rapid and steady growth of the protocol is first and foremost due to the community.

$10 billion TVL is not the end of growth, Pendle is confident that it can go further.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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