A whale transferred $1.28 million worth of PENDLE tokens to Binance without staking, raising concerns about increased selling pressure. However, PENDLE's price rallied 12.47% and trading volume surged 121%, indicating strong buyer demand that absorbed the supply threat. Spot netflows showed three consecutive days of outflows, reducing tokens on exchanges and supporting price recovery. Rising open interest signals increased leveraged trading, adding volatility risk, but the price remains bullish with key resistance at $1.574. Breaking this level could lead to further gains toward $2.00, while failure may cause consolidation.
Pendle's USDC vault on the Morpho lending protocol has attracted $50 million from 230 depositors in just about ten days since its launch on August 4, 2026. The vault, curated by Wintermute's Armitage arm, offers depositors a mix of base yield and PEN...
Pendle Finance has increased the incentives cap for its PT Looping program to $15 million, allowing more capital to engage in its advanced yield strategies. This program involves leveraging Principal Tokens (PTs) on lending platforms like Aave and Mo...
