Pendle Finance Sees Significant TVL Surge in Q3 2025

Key Points:

  • Pendle Finance reports $8.75 billion TVL, 80% in stablecoins.
  • Revenue and user numbers with substantial upticks.
  • Demonstrates rapid TVL growth in the yield trading sector.

Pendle Finance has reported substantial growth in Q3 2025, with average total locked value reaching $8.75 billion, up from $3.99 billion, driven largely by stablecoin utilization.

The increase in total locked value establishes Pendle as a key player in decentralized finance, reflecting strong market demand for yield trading and stability in volatile crypto markets.

Pendle Finance Sees Significant TVL Surge in Q3 2025

Pendle Finance released its third-quarter report, revealing a TVL of $8.75 billion, a significant increase from $3.99 billion in the second quarter. This growth rate has positioned the platform as one of the largest in the DeFi space. The report highlights stablecoins as the predominant asset class, constituting about 80% of the TVL.

The increased liquidity reflects a strategic market shift towards yield strategies, signaling a move from passive holding. Pendle’s enhanced trading volume, reaching $23.39 billion with fees of $9.53 million, underscores the platform’s rising usage and sustained demand for its yield solutions.

Crossing US$13 billion TVL is a testament to Pendle’s utility and the market’s need for flexible yield solutions. While the DeFi landscape evolves fast, our mission remains to provide transparent, secure, and innovative fixed‑yield infrastructure.

DeFi’s Rising Star: Pendle’s Strategic Growth and Community Buzz

Did you know? Pendle’s rapid ascent mirrors past growth seen in DeFi platforms like Aave, showcasing how innovative protocols can capture significant market share when delivering unique value propositions.

Ethereum (ETH) currently trades at $2,961.71, with a market cap of $357.47 billion and 11.60% dominance. Data from CoinMarketCap shows -6.01% change over 24 hours, with longer-term declines of -23.53% over 30 days. Its trading volume reached $43.13 billion.

ethereum-daily-chart-2004

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 03:08 UTC on November 18, 2025. Source: CoinMarketCap

The Coincu research team notes an ongoing market embrace of yield strategies as impactful, with Pendle’s stablecoin focus now pivotally attracting large liquidity. By maintaining a technical edge, Pendle aims to capitalize on emerging DeFi trends for sustained growth.

Source: https://coincu.com/news/pendle-finance-reports-tvl-surge/