PENDLE's sUSDe yield reached a 3-month high at 5% APY
as trading volume rose roughly
↗46%
over the past 24 hours.
Product launches drive recent activity
The platform expanded market options with new arbitrage features
and
launched a market for Hyperliquid trading fee discounts over the past week while trading participation increased roughly
↗19%
over the past 24 hours.
Trading participation increases
The number of people trading rose roughly
↗19%
over the past 24 hours while price climbed roughly
↗3%
over the past hour, with total market value up roughly
↗4%
over the past 24 hours.
Blockchain activity shows mixed signals
More tokens moved off exchanges than onto them over the past day (approximately $30,000 net outflow) while blockchain data from the September 1 snapshot showed investors taking profits, with 689 active addresses recorded.
Price consolidates after yearly decline
Price declined roughly
↘61%
over the past year while the protocol's total value locked stood at approximately $3.7 billion as of the latest snapshot, positioning PENDLE in the DeFi, Ethereum Ecosystem, and Liquid Staking categories.