🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
Pendle platform's cumulative volume has exceeded 50 billion USD, with a TVL of 4.43 billion USD.
BlockBeats News, on June 2, TN Lee, co-founder of Pendle, a decentralized income trading platform, said that the cumulative trading volume of the platform has exceeded $50 billion, and the total value locked (TVL) has reached $4.43 billion, showing strong growth momentum. Despite heightened market volatility, Pendle achieved key milestones in the first half of 2025. At the same time, PT-eUSDe (August 2025) and PT-USDe (July 2025) limit increases were snapped up within hours of being snapped up, reflecting the high demand for fixed-term tokens (PTs). Currently, the total supply of Pendle PT on the Aave platform has reached $1.32 billion. In addition, Pendle's margin yield trading platforms, Boros and Citadels, are scheduled to go live in the second half of the year.