#PENDLE🔥🔥

"PENDLE plummets, what is the reason?" 》

Fortunately, knowing where the loss lies, cutting off the flesh may be the best choice.

According to news on July 2, the DeFi protocol Pendle has recently experienced major funding changes. Users have withdrawn nearly $3 billion in deposits since last Wednesday as products expired across multiple markets. It is worth noting that the majority of these are liquid re-staking tokens.

Pendle saw a significant decline in the value of its total user deposits, falling to $3.7 billion as of Monday. This means that in just one week, Pendle’s total locked value (TVL) has dropped significantly by 40%. This data clearly reflects the current wavering of market confidence in Pendle and a major shift in capital flows.

Not only that, Pendle’s capital outflow also had a chain reaction, which also had a negative impact on the related protocol Zircuit. Over the past week, Zircuit’s deposit value has dropped by 15%, highlighting the ripple effect of this funding movement throughout the DeFi ecosystem.

The main reason for this situation is that the expiration of market products has created an urgent need for users to reallocate funds. At the same time, it may also reflect changes in investors' assessment of the profitability and risk of Pendle and its related protocols in the current market environment.

This series of capital changes reminds us that although the DeFi field is full of innovation and opportunities, it is also accompanied by a high degree of uncertainty and volatility. Investor confidence and market dynamics may have a huge impact on the funding status of the project at any time. For Pendle, how to deal with the current difficulties of capital outflows and regain the trust of investors will be a key challenge for its future development. For the entire DeFi industry, this incident also provides a warning to other projects, emphasizing the importance of risk management and market adaptability. #PENDLE🔥🔥 #以太坊ETF批准预期 #非农就业数据即将公布