PENDLE's new USDC vault

attracted approximately $50M in deposits in roughly 10 days while the token consolidated

↘8.3%

over the past 24 hours.

Foundation strengthening with product growth

The protocol is expanding its incentive program to $15M

while

, down roughly

↘78%

since January. Real user deposits continue flowing into new products despite short-term price movement.

Trading activity normalizing

Trading saw roughly 1.19x more sellers than buyers over the past 24 hours with volume at approximately $71M, typical movement after recent gains.

Investor positioning remains steady

Investors are currently paying rates of approximately 0.01% (around 11% annually) to hold positions, indicating steady interest despite the short-term price consolidation.