Pendle Shifts All Co-Incentives to Limit Orders, LO Reaches 71% of Trading Volume

PENDLE3.44%

According to BlockBeats, on May 26, Pendle Finance announced it will concentrate all co-incentives on its limit order mechanism to improve liquidity depth and trading execution efficiency. Limit orders have grown from 44% to 71% of total swap trading volume since the incentive system launched two months ago.

Pendle currently allocates approximately 6,500 PENDLE tokens weekly to limit orders, supporting around $400 million in notional order book depth. The platform reports a capital efficiency of approximately 800x, meaning each $1 in incentives generates $800 in liquidity.

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