Pendle Lianchuang: More than 83% of TVL on the platform comes from stablecoins, and weekly trading volume hits a record high

Odaily News Pendle co-founder @tn_pendle posted on social media that currently, more than 83% of the TVL on Pendle comes from stablecoins. In addition, the platform achieved a weekly trading volume of US$1.42 billion last week, setting a new high since its inception, mainly driven by the expiration event on May 29 (US$1.6 billion of TVL expired), setting the best liquidity retention rate in history.