CoinVoice has recently learned that according to DL News, the DeFi protocol Pendle has withdrawn nearly US$3 billion in deposits since last Wednesday due to the expiration of multiple markets, and the total deposit value has dropped to US$3.7 billion. The total locked value (TVL) has fallen by 40% in the past week.
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, and the value of deposits fell by 15% in a week. [Original link]
