Pendle's Total Value Locked (TVL) has surpassed $10 billion, positioning it as the seventh-largest protocol in the decentralized finance (DeFi) sector. Data from DeFiLlama indicates that Pendle's TVL has increased by over 60% in the last 30 days, reflecting substantial growth and heightened interest in the protocol. This achievement underscores Pendle's expanding influence and presence within the DeFi industry.