币界网报道：On June 23, according to official news, the decentralized yield protocol Pendle announced that its total locked value (TVL) has exceeded $5 billion again after the expiration of different asset pools, marking the further consolidation of its position in the DeFi yield infrastructure. At present, about $2.5 billion worth of Pendle PT has been widely used for collateral purposes in major currency markets, an increase of 52% compared with four months ago, showing its strong growth potential and high recognition in the DeFi market. In addition, the function of Pendle LP (liquidity provision token) as collateral is no longer a concept. With the first support of Silo Finance, Pendle LP has now officially entered the mortgageable asset system, releasing more asset efficiency for users, and further expanding the actual application boundaries of Pendle in the DeFi mortgage lending ecosystem. The Pendle team said in its anniversary statement, "Four years ago, we were determined to reshape the DeFi yield model. Today, we still maintain our original ambition and desire." [BlockBeats]