Citrini Names Pendle a Key Player in RWA Market with $1.3B TVL

Citrini identifies Pendle as a major player in the RWA market with $1.3B TVL. Here's why this matters for investors. In a recent report, Citrini highlights Pendle as a second-order trade in the real-world asset (RWA) market, underlining its significance with approximately $1.3 billion in total value locked (TVL). This prominence suggests a growing confidence in the market for tokenized assets. With 80% of protocol fees allocated to buybacks, Pendle sets itself apart in a competitive landscape. Source While most altcoins traded sideways today, Pendle stands out as Citrini identifies it as a pivotal player in the tokenized asset arena.