blockchainOct 21, 2026AI summary

Pendle Daily Trading Reaches $159 Million, With Ethereum Dominating

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Ethereum contributed $121.5 million to Pendle's $159 million in daily trading volume, while the protocol's locked value posted a modest increase.

Pendle Daily Trading Reaches $159 Million, With Ethereum Dominating

Pendle recorded $159 million in daily trading volume, according to The Defiant. Ethereum was the largest contributor to activity on the protocol.

Trading on Ethereum totaled $121.5 million, representing roughly 76% of the daily figure. The remaining volume amounted to about $37.5 million.

Pendle's total value locked increased only slightly during the same day. The report did not specify the size of that increase.

Source: The Defiant

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