- Pendle's new BTC pool has reached a TVL of $170 million.
After checking, I found that Pendle currently offers several books with the highest BTC returns in the industry;
I would like to ask what everyone thinks. Has anyone who has participated in BTC staking put their assets into Defi?
Researched a bit:
Current LP APY:
- uniBTC: 25%, TVL $1.8 million
- solvBTC: 44%, TVL $15 million
- LBTC: 29%, TVL is $26 million
- eBTC: 16%, TVL $34 million
In addition to basic income, LP can also earn points. If you are risk-averse and have an aversion to impermanent loss, you can provide liquidity on Pendle as a PT or LP. If you hold the LP position until expiration, there is no risk of impermanent loss.