Odaily Planet Daily News According to the monitoring of on-chain data analyst @ai_9684xtpa, the $220 million principal deployed by hedge fund Abraxas Capital Management in the Pendle protocol matured today, and a total of $7.52 million in interest income was obtained. The position includes:
196 million sUSDe PT
21.01 million USDe PT
95.51 LBTC PT
This not only verifies the ability of the Pendle protocol to undertake large amounts of funds, but also reflects the mature use of DeFi income strategies by institutional investors. The current Pendle TVL remains at $5.87 billion, and the annualized protocol income reaches $120 million.