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Pendle’s STRCx Deposits on Ethereum Reach Record $50.4 Million

Pendle’s STRCx Deposits on Ethereum Reach Record $50.4 Million

Photo: TokenPost

A record $50.4 million in STRCx deposits was logged on Pendle’s Ethereum deployment Wednesday, Oct. 28, giving the decentralized finance platform a new high for that token on that network. Pendle’s official account said Thursday, Oct. 29, that STRCx on the platform had passed $50 million and represented “~30% of total STRCx supply.” Tokenized-stock deposits across DeFi totaled $301.7 million, up 2,539% year over year. It listed more than $100 million on Solana, $70.4 million on Robinhood Chain and $52.6 million on Ethereum. The record and the broader tally cover different scopes.

Source: TokenPost

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