Pendle’s Q3, via @AleaResearch:
🔹RWA markets have grown from a side market to 82% of TVL
🔹TVL rose 43% in Q3 while in | Hanami
Pendle’s Q3, via @AleaResearch:
🔹RWA markets have grown from a side market to 82% of TVL
🔹TVL rose 43% in Q3 while incentives were cut by over 50%
🔹Earnings from every dollar of TVL rose ~76% against last year
🔹Buybacks outpaced emission by 3.2x
🔹PT collateral doubled to $497M across Morpho, Aave and Euler
Thanks to the Alea team for putting this together, the full read is in the article below 👇