Defi Protocol Pendle’s TVL Drops Sharply Over 40%

The post Defi Protocol Pendle’s TVL Drops Sharply Over 40% appeared first on Coinpedia Fintech News Pendle’s TVL has dropped sharply over the past week from $6.2 billion to $3.7 billion, sliding more than 40% in one week. The broader market as well is experiencing a downturn as cryptocurrencies struggle with sell-off pressure. The decline in Pendle TVL also comes amid the maturation of multiple liquid staking markets within the DeFi …

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