Bixin Ventures posted on social media that the institution has recently invested in the DeFi yield market protocol Pendle, and the transaction will be completed through OTC.
Bixin Ventures said that with a simple UI/UX, Pendle allows users to easily deploy revenue strategies, and the platform’s TVL has grown rapidly from approximately US$7.8 million in December 2022 to US$60.5 million today, an increase of nearly US$60.5 million in just five months. 775%. Bixin Ventures believes that this is just the beginning, and Bixin Ventures will provide more support for Pendle.
