PENDLE Buyback Volume Surges Past 2M Units

Pendle executes over 2M token buybacks in under six months via SPENDLE, with release volume dropping 71%, exceeding initial targets.

Woofun AI reports that Pendle has executed buybacks exceeding 2 million units in less than six months since the launch of SPENDLE. The protocol noted that the amount of SPENDLE released has decreased by 71%, surpassing the initial target of 30% by more than double.