💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Pendle breaks record in TVL and trading volume!
The yield platform, called Pendle, has reached a total value locked of $4 billion. In addition, it recorded a trading volume of $10 billion. The value of crypto held on the platform increased by 4.95%. Pendle's basic idea is to divide yielding assets into underlying assets and yields so that they can be traded separately. The trading volume on the platform has reached $10 billion, indicating that it is gaining popularity.
Pendle has benefited significantly from the ETH restaking boom. It also hosts trading that mostly focuses on ETH and its associated liquid restaking tokens. Inflows from these liquid restaking platforms have boosted the value on Pendle. For example, weETH holdings from liquid restaking platform EtherFi have increased by 13% in the past week. Pendle currently holds 263,442 weETH. Similar inflows are also coming from a liquid repurchase protocol called Renzo.
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