Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Pendle: Last week, market products worth 1 billion US dollars matured, and redemptions of 918 million US dollars have been completed

Pendle: Last week, market products worth 1 billion US dollars matured, and redemptions of 918 million US dollars have been completed

Bitget2024/08/02 05:44

August 2nd news, Pendle stated on social media that last week on July 25th, market products worth $1 billion expired, making it the second largest expiration event in contract history. Within a week, the platform has completed redemptions of $918 million, successfully passing another major stress test of the Pendle mechanism. Up to now, about 92% of the expiring positions have been redeemed and more new products are about to be launched.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!