Pendle reported record monthly revenue in October, along with significant transaction volume in September, exceeding $1 billion in total value locked on the Plasma platform.
The achievement marks a notable milestone for Pendle, showcasing its growing presence in the decentralized finance sector. The platform has been gaining traction, contributing to its impressive revenue figures.
In addition to revenue, the transaction volume recorded in September highlights increased user engagement and activity within the ecosystem. This surge indicates a strong interest in Pendle’s offerings.
The total value locked on Plasma reaching over $1 billion represents a significant benchmark for the platform, reflecting the confidence users have in its utility and features.
Pendle’s performance underscores its commitment to innovation and growth in the decentralized finance landscape, positioning itself as a key player in the market.
