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What 2 days of Implied Yield volatility does to a mf (i.e. USDS supply on Pendle):
👉 TVL ATH of $478m
👉 +$251m TVL (+110%) in TWO days
👉 10.3% of total $USDS supply Pendiddle'd
I'm not saying Pendle is a DeFi Sparkplug.
I'm saying Pendle is THE DeFi Sparkplug.
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