The key question with Pendle’s volume surge this time (3.3x, $122 million in 24h) is which pools the trades are actually happening in:
The multiple isn’t particularly extreme and could reflect a general uptick in trading, but we shouldn’t rule out a few individual tokens accounting for most of it.
For $PENDLE , sustained growth in trading volume matters more than a single-day peak.
This may not be accurate, so make your own judgment.
The multiple isn’t particularly extreme and could reflect a general uptick in trading, but we shouldn’t rule out a few individual tokens accounting for most of it.
For $PENDLE , sustained growth in trading volume matters more than a single-day peak.
This may not be accurate, so make your own judgment.
