How AI is applied across API Evangelist and APIs.io. Read my AI disclosure →
API Evangelist API Evangelist
Discovery
Learnings
Guidance
Toolbox
Alignment
API Evangelist LLC

June 26 Maturity Recap

calendar_today July 9, 2024 person Pendle Team domain pendle-finance

On June 26, 2024, Pendle reached its largest maturity event in value to date, with $3 billion in value maturing. Within a week (June 26, 2024 — July 4, 2024) , Pendle successfully facilitated $2.7 billion in redemptions, including both Principal Tokens (PT) and Liquidity Provider (LP) positions: $2.4 billion in redemption on Ethereum $330 million in redemption on Arbitrum Breakdown of Top 3 Pools Of the collective redemptions, the Top 3 pools — EtherFi eETH, Renzo ezETH (Zircuit), and Puffer pufETH — comprised approximately 79% or $2.14 billion of the total value. EtherFi eETH Network: Ethereu

open_in_new Read original post