Pendle's daily trading volume reached 221.5 million USD, setting a new 30-day high

According to The Defiant, the daily trading volume of the decentralized yield trading protocol Pendle has risen to $221.5 million, setting a new 30-day high.

Data shows that nearly all trading that day was concentrated on the Ethereum network, with Pendle's locked value maintaining around $1.03 billion in the latest snapshot of the day.