Pendle’s Undervalued Potential: DeFi’s $400 Trillion Opportunity Ignored

Despite its explosive growth and a promising future in DeFi, Pendle remains largely undervalued. Analysts highlight this discrepancy, pointing to the protocol’s impressive $12.3 billion locked value and rapidly expanding ecosystem as evidence of its immense potential. This is a stark contrast to the Solana ecosystem’s similar market cap, which is valued at $136 billion – highlighting a significant gap in perception and valuation.