Cap stablecoin ICO heats up, Pendle yields soar by 30%

【Crypto World】Co-founder Benjamin of the Cap team recently shared an interesting data point on social media — within just 24 hours of the project ICO and Stakedrop announcement, the Pendle APR around Cap surged by nearly 30 percentage points. At the same time, the total supply of cUSD also increased accordingly, adding a scale of 30 million USD. It seems that this announcement indeed attracted a lot of liquidity, and the market’s enthusiasm for this stablecoin ecosystem remains quite high.

PENDLE-0,25%
CUSD0,09%
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WenAirdropvip
· 27m ago
A 30% APR increase? Come on, that's classic ICO hype. What happens after the hype dies down... The real point should be whether that 30 million in new liquidity can be retained.
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Deconstructionistvip
· 11h ago
A 30% increase is indeed impressive, but it's hard to say how long this hype can last. Anyway, those who get in early will definitely make a profit.
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GoldDiggerDuckvip
· 11h ago
Wow, 30 percentage points? This APR is really crazy. With $30 million in liquidity coming in, this is the effect. The stablecoin track still has prospects.
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SatoshiNotNakamotovip
· 11h ago
30% APR? That's quite aggressive, but it depends on the sustainability. It's hard to say how long this level of hype can last.
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GateUser-beba108dvip
· 11h ago
30 points to take off directly? This return rate is really outrageous. I need to check if Cap is just another pump-and-dump scheme.
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ContractFreelancervip
· 12h ago
30 percentage points? That's a pretty sharp increase in the yield rate, is it real... But the market's enthusiasm is still evident in the liquidity entering the scene.
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PanicSellervip
· 12h ago
24-hour increase of 30% APR? How can I believe that, what kind of enthusiasm is that... But a $30 million inflow is indeed worth a look.
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