BlockBeats News: On June 23rd, according to official sources, the decentralized revenue protocol Pendle announced that its total lock up volume (TVL) has once again exceeded $5 billion after experiencing the expiration of different asset pools, marking a further consolidation of its position in DeFi revenue infrastructure. Currently, Pendle PT worth approximately $2.5 billion has been widely used as collateral in various currency markets, with a growth rate of up to 52% compared to four months ago, demonstrating its strong growth potential and high recognition in the DeFi market. In addition, the function of Pendle LP (liquidity offering token) as collateral is no longer a concept. With the pioneering support of Silo Finance, Pendle LP has officially entered the collateralized asset system, releasing more asset efficiency for users and further expanding Pendle's practical application boundaries in the DeFi collateralized lending ecosystem. The Pendle team stated in their anniversary statement that "four years ago, we aimed to reshape the DeFi revenue model. Today, we still maintain our original ambitions and desires