Pendle Cites 38% Average APR for 0x87c Over 3.5 Months

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38%

average APR

$PENDLE

$2.15

+5.1%

$BTC

$82,470

+0.7%

$ETH

$2,437

+1.6%

The figure is an average annualized rate, not a 38% return earned during the period. Pendle’s Boros Bitcoin and Ether markets were a separate development.