Pendle Surges To 50-Day High Amidst New Bitcoin-Linked Pools; Arthur Hayes Eyes Profits

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Like many altcoins, Pendle ($PENDLE) saw impressive gains during Monday’s trading session, hitting a 50-day high of $3.68. This surge followed the opening of bitcoin-linked liquidity pools with Lombard Finance and Use Corn, offering fixed annualized yields of just over 10% and floating yields as high as 45%. The move has strengthened Pendle’s fundamentals, attracting more attention to the platform. DeFi platform @Pendle_fi has opened bitcoin-linked pools with @Lombard_Finance and @use_corn offering just over 10% in fixed annualized yields and floating yields of as high as 45% in a move that expands the product’s fundamentals.https://t.co/55NgaBtVzh — CoinDesk (@CoinDesk) September 14,

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