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Halfway mark from 14b
But thats just for 2025
@pendle_fi
17.1.2025
4. How would Ethena's growth directly impact Pendle V2's TVL?
Currently, 50% of Pendle's TVL is attributable to Ethena-related assets.
⅓ of Ethena's TVL is on Pendle.
Take Ethena's target growth of $25B, and 1/3 of this would be $8.33B.
Ethena's target growth would at least push Pendle's TVL over $10B.
Meaning Ethena alone would EASILY send $PENDLE to > $10.
But with Pendle Boros, we're not stopping at $10.
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