Pendle 預計將躋身加密貨幣俱樂部 100 強

Pendle 是一個支持未來收益率代幣化和交易的協議，其價格已飆升至 4.17 美元的歷史新高，使其成為 Arbitrum 上僅次於 GMX 的第二大 TVL。隨著鏈上活動和收入費用達到歷史新高，Pendle 在 2024 年贏得了極大的興趣，有可能進入市值前 100 名的加密貨幣，目前排名第 105。

Can Pendle Enter the Top 100 Cryptocurrencies?

Pendle能否進入加密貨幣前100名？

Pendle's impressive surge has propelled it to a record high of $4.17, making it the second-largest protocol in Arbitrum by TVL, behind GMX. With its current ranking at #105, can Pendle break into the elite top 100 cryptocurrencies?

Pendle 令人印象深刻的飆升已將其推升至 4.17 美元的歷史新高，使其成為 TVL 的 Arbitrum 第二大協議，僅次於 GMX。 Pendle 目前排名第 105，能否躋身加密貨幣 100 強之列？

What is Pendle and How Does It Work?

Pendle 是什麼以及它如何運作？

Pendle is a trailblazing protocol that enables the tokenization and trading of future yield. Its innovative time-decaying Automated Market Maker (AMM) optimizes returns and safeguards users from potential losses due to mispriced assets.

Pendle 是一個開創性的協議，可以實現未來收益的代幣化和交易。其創新的時間衰減自動做市商（AMM）可優化回報並保護用戶免受因資產定價錯誤而造成的潛在損失。

Pendle's mechanism ingeniously separates principal and yield into distinct tokens, providing users with enhanced control over their yield management. It aims to offer exposure to future yield while mitigating the risks and volatility associated with yield farming.

Pendle 的機制巧妙地將本金和收益分離為不同的代幣，為用戶提供了對其收益管理的增強控制。它的目的是提供未來收益的曝險，同時減輕與流動性挖礦相關的風險和波動性。

Pendle's Role in the Protocol

Pendle 在協定中的角色

Beyond holding Principal Tokens (PT) and Yield Tokens (YT), users can earn passive returns by participating in Pendle's liquidity pools. To do so, they must lock PENDLE tokens and receive vePENDLE in exchange.

除了持有Principal Tokens（PT）和Yield Tokens（YT）之外，用戶還可以透過參與Pendle的流動性池來獲得被動回報。為此，他們必須鎖定 PENDLE 代幣並接收 vePENDLE 作為交換。

VeTokens are a novel digital asset that empowers token holders with voting rights in decentralized governance systems. They introduce a time-based component to voting, incentivizing long-term commitment and enhancing the decision-making process.

VeTokens 是一種新穎的數位資產，賦予代幣持有者在去中心化治理系統中的投票權。他們在投票中引入了基於時間的組成部分，激勵長期承諾並增強決策過程。

On-Chain Activity Hits New Heights

鏈上活動再創新高

Pendle's on-chain activity has witnessed a meteoric rise since the beginning of 2024. Total Value Locked (TVL) has soared to $2.90 billion, with $2.28 billion in Ethereum and $602 million in Arbitrum. Protocol revenue has also reached an all-time high of over $620,000, surpassing February's revenue of $350,000.

自 2024 年初以來，Pendle 的鏈上活動迅速增長。鎖定總價值（TVL）已飆升至 29 億美元，其中以太坊為 22.8 億美元，Arbitrum 為 6.02 億美元。協議收入也達到了超過 62 萬美元的歷史新高，超過了 2 月的 35 萬美元的收入。

PENDLE Price Prediction: Top 100 in Sight?

PENDLE 價格預測：前 100 名在望？

Technical analysis suggests that PENDLE has completed a five-wave upward movement, signaling a potential correction. However, the price has since rebounded, driven by strong momentum.

技術分析表明，PENDLE 已完成五浪上漲走勢，預示著潛在的修正。然而，在強勁勢頭的推動下，價格此後出現反彈。

The closest resistance level lies at $4.58, followed by $6.03. With a current market capitalization of $967 million, PENDLE is ranked #105. To enter the top 100, it would need to reach a price of $4.28, given its circulating supply of 238 million.

最近的阻力位為 4.58 美元，其次是 6.03 美元。 PENDLE 目前市值為 9.67 億美元，排名第 105 名。鑑於其流通量為 2.38 億，要進入前 100 名，其價格需要達到 4.28 美元。

Increased Interest Leads to PENDLE's Success

興趣的增加導致 PENDLE 的成功

Pendle's surge in 2024 is attributed to its innovative features, such as yield tokenization and risk mitigation. This has attracted significant interest, leading to record-breaking TVL, revenue, and a new all-time high price.

Pendle 在 2024 年的飆升歸因於其創新功能，例如收益代幣化和風險緩解。這引起了人們的極大興趣，導致 TVL、收入和價格創下歷史新高。

As the demand for yield-generating assets continues to grow, Pendle is well-positioned to capture a significant market share and potentially enter the top 100 cryptocurrencies ranked by market capitalization.

隨著對產生收益的資產的需求持續增長，Pendle 處於有利地位，可以佔據重要的市場份額，並有可能進入按市值排名的前 100 名加密貨幣。