On-chain data shows Pendle TVL holding steady at $200M despite the Bungee V3 integration. Whale wallets (100k+ PENDLE) have been accumulating, with 3M PENDLE moved off exchanges in the past week. Gasless execution could drive protocol revenue if it boosts active users beyond the current 8k/day baseline.

Top comment by @OnChainOracle

Explore the topic

More on Pendle

Comments