Pendle TVL Plummets By 42%: Analyzing the Drop

Pendle witnessed a 42% decrease in its Total Value Locked (TVL), dropping from $6.18 Billion on June 27 to $3.57 Billion at the time of writing. The decline in TVL is mainly attributed to certain liquid restacking market pools maturing on June 27. After the TVL dropped, Pendle is still ranked No. 9 in terms of TVL among all DeFi protocols.Source: defillamaHowever, Pendle... source: https://www.coingabbar.com/en/crypto-currency-news/pendle-tvl-price-crash