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TechFlow reports, according to DeFiLlama data, the TVL of yield protocol Pendle denominated in ETH reached 1.95 million ETH on February 8, surpassing its mid-June 2024 peak and setting a new all-time high. @EntropyAdvisors' data dashboard shows that Pendle and Ethena have formed a positive synergy in USDe-related activities, with $2.33 billion worth of USDe currently deposited into Pendle, accounting for approximately 45% of its TVL.
According to DeFiLlama data, Pendle's TVL measured in ETH reached 1.95 million ETH on February 8, surpassing its mid-June 2024 peak and setting a new all-time high. @EntropyAdvisors' data dashboard shows a positive synergy between Pendle and Ethena in the USDe business, with USDe worth $2.33 billion currently deposited in Pendle, accounting for approximately 45% of its TVL.
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