Gate News, March 9 — The pledge ratio of PENDLE reached a new all-time high, with 60% of the circulating supply being staked (accounting for 35% of the total supply). This indicates continued strong community confidence in the protocol. As of March 5, Pendle’s real-world asset (RWA) TVL reached $376.5 million, with approximately $56.5 million deployed as RWA collateral on the Morpho protocol, accounting for about 17% of the protocol’s total RWA collateral. Pendle officials stated that asset tokenization is just the first step; fixed income and predictable returns are key to driving large-scale adoption of institutional RWA, and this is exactly the yield infrastructure Pendle has been building.
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