Pendle RWA TVL Reaches 97% as STRC, USDG Markets Accelerate on May 19

PENDLE-0.27%
RWA-0.86%
USDG0.01%
AAVE0.72%

According to Pendle official data, on May 19, the platform’s real-world assets (RWA) total value locked reached 97% of its portfolio. Pendle now holds 2,453,331 STRC tokens through its non-custodial yield market, establishing itself as a core hub for on-chain credit yield discovery and liquidity.

USDG, backed by U.S. Treasury bonds, saw its liquidity pool on Pendle surge to $230 million TVL over the weekend, while a $120 million allocation for Pendle PT-USDG on Aave was fully utilized.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments