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      Pendle Records $159 Million in Daily Trading Volume Driven by Ethereum

      Pendle, a decentralized finance (DeFi) protocol, reported a daily trading volume of $159 million, with Ethereum transactions making up a significant portion of this activity. Specifically, Ethereum accounted for $121.5 million of the total trading volume, highlighting its dominance in the market.

      Despite the surge in trading volume, the total value locked in the Pendle protocol saw only a modest increase throughout the day. This indicates that while trading activity is high, the overall investment in the protocol remains relatively stable.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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