Pendle is now the 2nd largest venue in DeFi for tokenized stocks, with ~17% market share 🏦
🔹7th → 2nd largest venue i | Hanami
Pendle is now the 2nd largest venue in DeFi for tokenized stocks, with ~17% market share 🏦
🔹7th → 2nd largest venue in one month
🔹1st in tokenized stocks TVL growth last month https://x.com/tokenterminal/status/2101410674463420849
Quoted @tokenterminal: This chart reveals whether a DeFi venue’s RWA strategy is working: is it attracting tokenized stock deposits?
If yes, it’s positioned to benefit as the global equities market moves onchain to be lent out, borrowed against, and traded.