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Pendle TVL hits record high, exceeding $9.2 billion
2hours ago

According to official Pendle news, following the liquidation of $1.5 billion in maturing assets in early August, another $898 million matured last week, prompting a rapid rebound in Pendle's total TVL, reaching a new high of $9.2 billion. This event involved a total of $1.81 billion, the second-largest maturity in Pendle's history. Its largest pool is Ethena Labs' USDe (September 2025), with a TVL of $3.36 billion. This was achieved thanks to the unlimited deposit limit, Aave's increased limit to $1.4 billion, and a 14.5% fixed annualized yield.