DeFi Faces Liquidity Challenges Amid Falling Rates, Pendle Offers Competitive Yields

The DeFi sector is experiencing a period of low interest rates and liquidity challenges as investors seek higher yields. Pendle stands out with its competitive returns, attracting more users who are seeking to maximize their stablecoin earnings. 然而, despite offering attractive yields, Pendle’s total value locked (TVL) has declined. Recent data shows a decrease in TVL from $6.7 billion peak in June 2024 down to $3.14 billion recently. This drop suggests significant capital flows away from the platform. Large withdrawals of Pendle tokens from Binance, valued at over $7.9 million, indicate increased confidence among investors and could impact the market.