According to Pendle, its DeFi platform saw $5.8B average TVL, $47.8B trading volume, and $58B fixed income in 2025, underscoring rapid growth and product adoption.
Pendle's 2025 annual figures show an average total value locked (TVL) of $5.8 billion, with a peak of $13.4 billion, marking a 79% year-over-year increase. Trading volume reached $47.8 billion, while its fixed income products handled $58 billion over the year. The Boros product achieved $5.5 billion in trades within four months of launch, highlighting strong market uptake.