PENDLE Staking Ratio Reaches All-Time High, RWA TVL at $376.5 Million
BlockBeats News, March 9th: According to official sources, the PENDLE staking ratio has hit a new all-time high, with 60% of the circulating supply staked (representing 35% of total supply), signaling continued community confidence in the protocol's long-term prospects.
As of March 5th, Pendle's total value locked (TVL) for Real World Assets (RWA) reached $376.5 million, with approximately $56.5 million deployed as RWA collateral on the Morpho protocol, representing around 17% of the protocol's total RWA collateral.
Pendle's team stated that asset tokenization is just the beginning, with fixed income and predictable returns being the key drivers for institutional-grade RWA adoption at scale, which is the yield infrastructure Pendle has been actively building.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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