Total Lockup Value

On March 19th, according to Defellama data, the total lockup value (TVL) of Pendle in the DeFi yield market reached a record high of $38.35 million. The DeFi yield market Pendle TVL reached a record high of $38.35 million Analysis based on this information:The DeFi yield market has witnessed an unprecedented rise in demand, and Pendle has emerged as a promising name in the industry. On March 19th, Defellama data reported that Pendle’s Total Lockup Value (TVL) reached a record high of $38.35 million, indicating the platform’s immense potential and its users’ trust in it. Total lockup value refers to the total amount of assets locked in a smart contract. This metric is used to gauge the popularity and success of DeFi projects. The surge in Pendle’s TVL is a testament to its ability to generate high yields and provide liquidity to users. Pendle is a decentralized platform that allows users to earn yields in the form of ERC20 tokens….

On March 18th, it was reported that the total lockup value (TVL) of the LSD super liquidity agreement LSDx Finance has increased by over 55000 ETHs (approximately $100 million) in the past 48 hours, currently reaching 61954.507 ETHs. Data: LSDx Finance has increased TVL by over 55000 ETHs in the past 48 hours Analysis based on this information:The world of cryptocurrency is one that never ceases to make headlines. The latest news is on LSDx Finance, a super liquidity agreement whose TVL has seen an increase by over 55000 ETHs in just 48 hours. As of March 18th, the current TVL is now 61954.507 ETH, equivalent to $100 million. LSDx Finance, also known as Liquidity for Stablecoins and Derivatives, is a decentralized financial protocol that allows users to trade on-chain synthetic assets while offering high liquidity through the issuance of stablecoins. It is built on the Binance Smart Chain and aims to provide users with fast and secure transactions at…