Pendle Hits New All-Time High TVL of $9.2 Billion, Market Adoption and Trust in Pendle Deepen
August 18th, TN, the founder of Pendle, posted on social media stating that just three weeks prior, Pendle Finance had completed a $1.5 billion asset maturity settlement. Subsequently, the TVL (Total Value Locked) quickly rebounded to a new historical high of $7 billion.
Last week, another $898 million in assets matured and Pendle surged once again, setting a new record with a $9.2 billion TVL. During the week of August 14th, approximately $1 billion had already begun to rotate/migrate. Including this settlement, the total amount reached $1.81 billion, making it the second-largest maturity event in Pendle's history. Nevertheless, only $260 million (-2.9%) flowed out and it lasted only for 2 days (August 13th - 15th).
The focus of this maturity event is Ethena Labs' USDe (maturing in September 2025), which has now become Pendle's largest pool ever with a TVL of $3.36 billion. This growth was facilitated by:
· There being no deposit limit in the market.
· Aave raising the deposit limi
4 minutes ago
US-listed company AEHL signs strategic agreement with BitGo to advance Bitcoin acquisition and custody.
On August 18th, the NASDAQ-listed company AEHL announced that its Bitcoin strategy has officially entered the second phase. It has now reached a strategic agreement with BitGo to promote Bitcoin acquisition and custody. The company stated that the purchased Bitcoin will be stored on the blockchain and will continue to fulfill its disclosure obligations, regularly providing updates to the market on its purchase plans, holdings, average acquisition price, and on-chain storage arrangements.
4 minutes ago
A whale previously shorted ETH at $2740, currently facing a unrealized loss of $21.5 million
On August 18th, as per the monitoring of @HyperInsight, a whale (with the address 0x20c2d9...44f5) had previously opened a short position on ETH at $2740 and added $857,000 in margin 5 hours ago. Currently, the position amount of the whale has exceeded $57 million. Affected by market fluctuations, the whale is currently at a floating loss of approximately $21.6 million. If ETH rises to $6073, it will lead to liquidation.
4 minutes ago
US Stock Crypto Stocks Open Lower, BNC and BTCS Rise Against the Market on Positive News
On August 18th, according to data from rockflow (rockflow's website: https://rockflow.ai/en/crypto-stocks?utm_campaign=blockBeats, with a target of opening the US stock market), the Dow increased by 0.04%, the S&P 500 index dropped by 0.09%, and the Nasdaq fell by 0.06%. Cryptocurrency stocks generally experienced a decline, including:
- Coinbase (COIN) decreased by 1.34%.
- Circle (CRCL) fell by 0.75%.
- MicroStrategy (MSTR) dropped by 0.65%.
- Bullish (BLSH) went down by 3.22%.
- Bitmine (BMNR) decreased by 3.86%.
- BTCS (BTCS) rose by 1.36%.
- SharpLink Gaming (SBET) fell by 3.56%.
- BNB Network Company (BNC) rose by 9.98%.
Among them, the BNB Network Company (BNC) announced today that it will increase its ownership of 125,000 BNB; BTCS announced that it will distribute a one-time blockchain dividend to shareholders in the form of ETH, with a maximum reward of up to $0.4 per share.
4 minutes ago
「BNB Version of MicroStrategy」 BNC Announces Addition of 125,000 BNB, Bringing Total Holdings to 325,000 BNB
On August 18th, as per official information, the fund management business of CEA Industries Inc., BNB Network Company (with the NASDAQ stock code: BNC), announced today that its Strategic Reserve Plan has achieved another significant milestone. The total holdings of BNB have increased to 325,000 coins. This indicates an additional 125,000 coins on top of the initial acquisition of 200,000 coins, further strengthening its status as the world's largest BNB reserve institution.
4 minutes ago