Arthur Hayes: Has bet on PENDLE to rise to $10
BitMEX co-founder Arthur Hayes quoted a Pendle tweet stating that Pendle has bet on PENDLE to rise to $10 as it goes online with DeFi combined with BTC.
Previously, Pendle has officially stated that it will unleash new revenue opportunities for BTC including: 1. PT-LBTC: BTC fixed income; 2. YT-LBTC: leveraged exposure utilizing multipliers, i.e., Corn Kernel (3x) + Lombard Points (3x), and Babylon Points (1x).
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.
You may also like
51% of BONK.fun fees will be used by Bonk, Inc. to purchase BONK
USDC Treasury mints an additional 500 million USDC on the Solana chain
Ledger partners with Lamborghini to launch a custom Ledger Stax wallet
Opinion's open interest surpassed $63 million this morning, second only to Polymarket.