According to TechFlow, DL News revealed that due to the expiration of multiple markets, users of the DeFi protocol Pendle have withdrawn nearly $3 billion in deposits since last Wednesday, bringing the total deposit value down to $3.7 billion. In the past week, the total locked value (TVL) has fallen by 40%. Ian Unsworth, founder of Kairos Research, said that these outflows were mainly due to the expiration of some products. Ether.Fi's eETH, Renzo's ezETH, Puffer's pufETH, Kelp's rsETH and Swell's rswETH on the Pendle market expired on June 27, resulting in a large outflow of funds. Pendle's capital outflow also affected the related protocol Zircuit, with the deposit value falling by 15% in a week.