amid renewed interest from traders looking to passively capture market returns.DeFiLlama data
Staked ether dominates the holdings, taking up 27% of all capital on Pendle, followed by GMX protocol’s glp tokens at 18% and by dai stablecoins at 16%.annualized on ether and ether derivative tokens. These have a maturity period that ends in late 2023 or early 2024. This is done by wrapping yield-bearing tokens into a standardized yield token, that token is then wrapped into a principal token and yield token which can be traded on the open market.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
pendle_fi shauryamalwa
pendle_fi shauryamalwa