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Pendle co-founder: Over 83% of the TVL on the platform comes from stablecoins, and the weekly volume has reached a historical high.
Odaily News Pendle co-founder @tnpendle stated on social media that currently, over 83% of Pendle's TVL comes from stablecoins, and last week achieved a weekly volume of 1.42 billion USD, setting a new high since the platform's inception, mainly driven by the expiration event on May 29 (1.6 billion USD TVL expired), creating the best historical liquidity retention rate.