According to BlockBeats, on March 28th, the earnings trading protocol Pendle reached a new high in daily trading volume on March 27th, exceeding $500 million. Pendle Alliance @ tn_pendle stated that even if Pendle becomes the leading DeFi protocol in the industry, there is still huge growth potential in the DeFi market compared to traditional finance.
Pendle plans to break through existing limitations by 2025 through the "Citadels" program, dedicated to connecting traditional financial market resources and providing the highest quality fixed income sources for various types of institutional users.
As of press time, Pendle TVL has reached $3.433 billion.
