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Pendle says Q3 revenue per dollar of TVL rose 76% year on year

NewsFeeds update

Pendle, citing Alea Research's third-quarter report, says real-world assets made up 82% of its TVL, which grew 43% while incentives were cut by more than half. Revenue per dollar of TVL rose about 76% year on year, buybacks reached 3.2 times token emissions, and PT collateral across Morpho, Aave and Euler doubled to $497m.

AltcoinsOdailyAIBullish

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.