Pendle price

Uphold Commentary - Sep 23, 2025 Bitcoin and Ethereum remain under pressure after Sunday’s sharp selloff. $BTC is trading just above $113,000, down about 2% over the past week, while $ETH hovers just below $4,200, marking a 6% decline across the same period. Both majors are relatively flat d/d, reflecting the choppy conditions that have defined recent trading. Alts Focus Amid this backdrop, some altcoins are showing significant momentum. Aster $ASTER has staged a remarkable rally, climbing more than 41% in a single day to reclaim the $2.00 level. Its total value locked has surged from $400 million to $1.165 billion in less than a week, underscoring the renewed interest in the protocol. Plasma $XPL is preparing for a key milestone, with its Mainnet and token launch set for September 25th. Pendle continues to impress, with TVL up more than 340% since May. Now the sixth-largest DeFi protocol, it is close to overtaking Ethena $ENA. $PENDLE trades near $4.88 on Uphold Ascent with a market cap of $828 million, yet its TVL has expanded to over $12.57 billion, suggesting a compelling valuation gap. Avalanche $AVAX is also drawing significant attention. Daily trading volume on its DEXs has neared $1 billion, marking the largest spike in more than 18 months. Investor confidence is being bolstered by Anthony Scaramucci, founder of Skybridge Capital, who recently launched $300 million in tokenized funds on Avalanche, and has now been named strategic advisor for AVAX One, a $550 million digital asset treasury developed in partnership with Hivemind Capital. Avalanche is featured in this week’s Token Spotlight within Uphold’s Digital Asset Weekly research report - coming to you in the next few hours. Traditional equities are also making headlines. Robinhood $HOOD has emerged as the best-performing stock in the S&P 500, rising 223% year-to-date and 447% over the past twelve months. Even with recent turbulence in the crypto markets, this performance highlights that investor appetite for infrastructure remains strong. On the breaking news front, Zebec $ZBCN has been selected by Deutsche Bank-backed AllUnity as its preferred payroll partner, cementing its role as the go-to provider for real-time stablecoin payroll across both private and enterprise clients. Zebec has been consistently among the top three traded assets on Uphold, and it is currently trading near $0.004363 with a market capitalization of just over $400 million. Follow for more daily market commentary. If you're looking to learn more about @UpholdInc's institutional trading desk, feel free to DM myself or @UpholdOTC.

Kind reminder that your @pendle_fi x @aave PT-sUSDe and PT-USDe tokens are reaching maturity at 00:00 UTC on September 25th. As with previous cycles, there are several ways to manage this situation at DeFi Saver. If you're looking to keep your yield going, the Rollover feature lets you partially or fully migrate your expiring PT collateral into new PTs. Alternatively, you can use the new Collateral Switch feature to unwrap your PT tokens into their underlying tokens (sUSDe or USDe) and keep earning yield on your collateral. If you want to unwind, there are two options: 1) Close allows you to fully unwind the position in a single transaction by redeeming the expired PTs and swapping them for either PTs or a debt asset (e.g., USDC). 2) Repay lets you use the collateral asset (in this case, PTs) to clear or reduce your position's debt while keeping the position open.