DeFi Yield Market Pendle TVL has risen more than 250% since 2023
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%.
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.
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