Pendle DeFi Protocol Hits New Milestone With $8.31 Billion in TVL

Pendle, a decentralized finance (DeFi) protocol specializing in yield trading, has achieved a significant milestone with its total value locked (TVL) exceeding $8.31 billion. This impressive jump marks a threefold increase since April 2025 and positions Pendle at the forefront of DeFi innovation. Experts attribute this growth to a surge in user adoption and capital inflows fueled by the booming yield trading market.