Following the $15M incentives cap raise

, PENDLE jumped roughly

↗11%

over the past day as trader participation surged.

Multiple signals moving together

Trading volume jumped roughly

↗365%

over the past week while the number of active traders rose roughly

↗46%

over the past 24 hours, coinciding with the

.

Trading activity surging

Daily trading activity increased significantly with roughly

↗46%

more unique participants over the past 24 hours, while the protocol's total value locked stands at approximately $3.7 billion.

Protocol upgrades attracting attention

The platform expanded PT Looping pool options

and raised incentives, offering users new ways to earn returns on their holdings.

Investor behavior shifting

Blockchain data shows more tokens moving out of exchanges than in over recent days, while some holders sold at a loss based on transaction patterns.