Bixin Ventures announces investment in the DeFi yield market protocol Pendle

ChainCatcher news, Bixin Ventures stated on social media that the institution has recently invested in the DeFi yield market protocol Pendle, with the transaction to be completed via OTC.

Bixin Ventures mentioned that with a simple UI/UX, Pendle allows users to easily deploy yield strategies. The platform's TVL has rapidly grown from about $7.8 million in December 2022 to $60.5 million today, an increase of nearly 775% in just five months. Bixin Ventures believes this is just the beginning and will provide more support for Pendle. (source link)