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Token Terminal 📊·2025-11-19 14:33

RT The Learning Pill 💊 (@thelearningpill)we love 'up only' numbers but if its structural, then we're talking differentQ3'25 was one of @pendle_fi strongest quarters, behaving like a full-on yield infrastructure layer for the entire ecosystem 👇1. TVL explosion• $8.75B TVL in Q3 → +118.8% QoQ• up from $3.99B → one of the fastest-growing TVLs in DeFi• 80% of TVL now stablecoins, showing product-market fit for yield-bearing stables• #2 protocol on @Plasma with ~$1B TVL (≈30% of chain)2. trading volume going orb ...