Making a note for October 15: Pendle’s 24-hour trading volume was $73.47 million (2.5 times its usual $29.05 million), and right now $PENDLE is trading at 1.952.
I have a spreadsheet where I track days when DEX volume spikes. I look back a week or two later to see how much of that day’s volume stuck around. My current impression is that not many protocols can retain their trading volume, so I’ll hold off on drawing conclusions this time.
#PENDLE
Just sharing—not investment advice.
I have a spreadsheet where I track days when DEX volume spikes. I look back a week or two later to see how much of that day’s volume stuck around. My current impression is that not many protocols can retain their trading volume, so I’ll hold off on drawing conclusions this time.
#PENDLE
Just sharing—not investment advice.