Pendle recorded $221.5 million in trading volume on November 4 UTC, marking a 30-day high according to DefiLlama data. The volume surge represented 4.1x the protocol's prior seven-day median.
Despite the spike in trading activity, Pendle's reported total value locked (TVL) remained steady near $1.03 billion.
Pendle Trading Volume Hits $221.5M, Reaching 30-Day High
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