BlockBeats News, March 28th: Income streaming protocol Pendle achieved an all-time high daily trading volume on March 27th, exceeding $500 million. Pendle co-founder @tn_pendle stated that despite Pendle's position as a leading DeFi protocol, the DeFi market still has significant room to grow compared to traditional finance.
Pendle plans to break existing barriers by 2025 through its "Citadels" initiative, aiming to bridge traditional financial market resources and provide top-tier fixed income opportunities to various institutional users.
At the time of writing, Pendle's Total Value Locked (TVL) has reached $34.33 billion.
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