Pendle (PENDLE) recorded its highest decentralized exchange (DEX) volume in 30 days at $159.3 million on Oct. 20, significantly surpassing the previous week's median daily volume of $23.6 million. Despite this surge in trading activity, the total value locked (TVL) in the protocol increased modestly by $5 million, from $1.116 billion to $1.121 billion between Oct. 20 and Oct. 21. The volume reflects the size of underlying positions traded, not just cash inflows, as Pendle enables trading of future yield by splitting yield-bearing assets into principal and yield tokens. PENDLE traded slightly down by 1.62% to $2.14 on Oct. 21, with the volume and TVL figures not indicating an immediate price target.
Pendle's market cap stands at Rp6,75 trillion as of Oct 22, 2026, 10:32 WIB, with a 24-hour trading volume of Rp665,69 million on Pluang. Despite the recent surge in DEX volume noted in the news, PENDLE's price on Pluang shows a slight increase of 0.08% to Rp38.857, contrasting with the article's mention of a 1.62% price drop. The typical hold time for PENDLE on Pluang is 34 days, indicating moderate investor engagement.
