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801 DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

CoinDesk
Krisztian Sandor @ CoinDesk · 07/03/2024 11:48 EDT

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.

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