Pendle Adds $5.9 Million in Tokenized-Stock DeFi TVL Over Seven Days

Pendle’s total value locked (TVL) in tokenized-stock decentralized finance (DeFi) increased $5.9 million over seven days, the second-largest gain among four venues in the snapshot. Aero led with a $6.9 million increase. Raydium added $2.8 million and Orca gained $1.5 million. The figures measure changes over seven days, not the venues’ total tokenized-stock TVL. A third-quarter DeFi TVL snapshot put tokenized stocks in DeFi at about $252 million, including $33.8 million on Pendle. That figure describes Pendle’s total at the time, while the latest $5.9 million figure measures a seven-day change.