Pendle LRT Opens Re-Pledging Channel on Arbitrum
The DeFi yield market Pendle announced on platform X that Pendle LRT has opened a re-pledging channel on Arbitrum. Since the launch of eETH and rsETH on Pendle, there has been significant growth in the LRT ecosystem on Arbitrum. So far, Pendle and its LRT partners have attracted about $180 million in liquidity for Arbitrum, most of which is held by Pendle's SY contract.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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