Following the $15M incentives cap raise
, PENDLE jumped roughly
↗11%
over the past day as trader participation surged.
Multiple signals moving together
Trading volume jumped roughly
↗365%
over the past week while the number of active traders rose roughly
↗46%
over the past 24 hours, coinciding with the
new vault launches.
Trading activity surging
Daily trading activity increased significantly with roughly
↗46%
more unique participants over the past 24 hours, while the protocol's total value locked stands at approximately $3.7 billion.
Protocol upgrades attracting attention
The platform expanded PT Looping pool options
and raised incentives, offering users new ways to earn returns on their holdings.
Investor behavior shifting
Blockchain data shows more tokens moving out of exchanges than in over recent days, while some holders sold at a loss based on transaction patterns.