#Pendle Breaking through 4.5, 20% of partners have boarded around 3.8

Pendle is taking active measures to reverse the downward trend of TVL and restore liquidity. By launching new pools and cooperating with major protocols, Pendle aims to attract more liquidity providers and ensure a steady recovery.

The new Arbitrum liquidity pool aims to attract LPs with additional rewards. The partnership with Karak Network provides additional incentives for users through Karak XP. Supporting protocols such as EthFi provide higher multipliers to help Pendle recover from the TVL downturn. The sharp drop in TVL is mainly due to the maturity of a large liquidity re-staking market. Pendle's split token system can flexibly manage staking and rewards, making it a versatile platform in the DeFi field. $PENDLE