Golden Finance reported that according to ai_9684xtpa monitoring, Pendle TVL has decreased by about 43% in the past week, from the highest point of $6.24 billion on June 27 to only $3.54 billion today. Its data panel shows that the average daily TVL has decreased by $123 million compared with yesterday. The biggest reasons for the decline should be two points: · On June 27, a large number of LRT PTs expired, resulting in the withdrawal of funds: Sun Ge alone redeemed $293 million in tokens; · The PT/YT yield plummeted, and everyone was generally tired of the points game: the PT yield fell below 10%, and the new coin launch of the staking agreement was lower than expected, which significantly reduced the demand for YT purchases.