According to Wu Shuo, according to Token Terminal data, the DeFi yield protocol Pendle captured a single-day fee of US$249,000 yesterday, and the revenue generated from management fees and performance fees reached a record high of US$199,000. DeFiLlama data shows that Pendle’s total locked value (TVL) has increased by more than 60% in the past month, approaching US$4 billion, making it the largest DeFi yield protocol. The game based on the currently popular points model has brought significant increments to Pendle LP, PT and YT.
