Shamira
@bigpig
Pendle TVL Down 40% Over Past Week, Users Have Withdrawn Nearly $3 Billion in Deposits Since Last Wednesday DeFi protocol Pendle has seen users withdraw nearly $3bn in deposits since last Wednesday due to the expiry of several marketplace products, the majority of which are liquidity repledging tokens. On Monday, the total value of users' deposits fell to $3.7bn, with Pendle's total locked-in value (TVL) down 40 per cent over the past week.
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