Thor
Thor|Feb 12, 2025 12:18
No one's yield farming with ETH anymore - study @pendle_fi's TVL composition: in June 2024: • ETH: 5.1b (76.5%) • USD: 1.35b (20.3%) • Total: 6.64b Today: • USD: 3.42b (66%) • BTC: 0.97b (18.76%) • ETH: 0.42b (8.2%) • Total: 5.18b Pendle TVL has slightly decreased in USD terms over the past year but the asset composition has changed drastically. The majority of TVL is now in USD and BTC based markets. Only 8% in ETH versus 76.5% only a year ago. Not a lot of interesting things to do with ETH these days. Source: @DefiLlama
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