pendle

Pendle co-founder @tn_pendle met with the Deputy Prime Minister of Vietnam last week in New York along with Deutsche Bank, Morgan Stanley, BlackRock, Franklin Templeton, and Anchorage Digital to advocate for the construction of Vietnam's international financial center.During the talks, Pendle co-founder @tn_pendle discussed Vietnam's potential as a market for tokenized bonds, ETFs, and private credit, and strongly promoted the deep talent pool that Vietnam possesses.

Monitoring, in the past 15 minutes, Arthur Hayes (@CryptoHayes) transferred 8.57 million ENA (worth 1.06 million USD), 2.04 million ETHFI (worth 954,000 USD), and 950,000 PENDLE (worth 1.14 million USD), suspected to be for sale.

Pendle announced on the X platform that the sPENDLE buyback mechanism will officially launch on February 9, with the first batch of sPENDLE rewards being distributed on February 13. The rewards will be calculated based on time-weighted metrics, accumulating from January 29, 2026, 00:00 UTC, including the previously undistributed portion related to Pendle's fee airdrop.

According to Onchain Lens monitoring, Arthur Hayes transferred 3.63 million ENA (worth about $486,950) and 332,226 PENDLE (worth about $487,900) to Galaxy and Binance 3 hours ago.In the past 2 days, he has purchased 96,116 HYPE (worth about $3.42 million), currently holding a total of 161,271 HYPE, with a total value of approximately $5.78 million.

According to Lookonchain monitoring, Arthur Hayes sold PENDLE, ENA, and LDO to buy HYPE.In the past 24 hours, he purchased 57,881 HYPE (approximately $1.91 million) and currently holds 131,807 HYPE (approximately $4.33 million).

According to Onchain Lens monitoring, BitMEX co-founder Arthur Hayes (@CryptoHayes) transferred 3,597,122 ENA (approximately $499,300) and 327,869 PENDLE (approximately $501,600) to FalconX, and may continue to transfer more funds.8 hours ago, he transferred 2.31 million LDO to FalconX, worth approximately $980,300.

According to Arkham data, at 19:01, 1.5 million PENDLE (worth approximately 2.82 million USD) was transferred from an anonymous address (starting with 0xC728...) to Pendle Finance.

According to Arkham data, at 18:52, 1.2 million PENDLE (worth approximately $2.244 million) was transferred from Binance to an anonymous address (starting with 0xD287...). Subsequently, that address transferred 1.2 million PENDLE to another anonymous address (starting with 0xC728...).

According to on-chain analyst Yu Jin's monitoring, in the past few days, the third investor/team address that unlocked 1.8 million PENDLE three years ago transferred these 1.8 million PENDLE (worth $3.53 million) to Binance.On January 23, the address 0x6b4...CF0 transferred 1.8 million PENDLE, which was unlocked three years ago, to Bybit. On January 25, the address 0xf82...aeb transferred 1.8 million PENDLE, which was unlocked three years ago, to Bybit. On January 27, the address 0x65f...ac9 transferred 1.8 million PENDLE, which was unlocked three years ago, to Binance.

According to Arkham data, at 18:50, 1,799,900 PENDLE (worth approximately $3.6 million) was transferred from an anonymous address (starting with 0xc1f2...) to Bybit.

According to Arkham data, at 18:12, 1,799,900 PENDLE (worth approximately $3.582 million) was transferred from one anonymous address (starting with 0xf82e...) to another anonymous address (starting with 0xc1f2...).

According to Binance spot data, the market has experienced significant fluctuations. ENSO has risen by 62% in the last 24 hours, reaching a new high for today.At the same time, both SAGA and PENDLE have hit "new lows for today," with declines of 8.63% and 6.55%, respectively. CHZ has reached a new low for the week, with a drop of 15.39%.Additionally, Binance Life has shown a "bottoming rebound" status, with an increase of 6.06%. NEWT, KERNEL, and TURTLE have also reached new highs for today, with increases of 7.45%, 7.16%, and 6.3%, respectively.

According to EmberCN monitoring, an investor or team address of Pendle transferred 1.8 million PENDLE (worth approximately 3.83 million USD) to Bybit 7 hours ago, which was unlocked from its vesting schedule 3 years ago.This address received the 1.8 million PENDLE from Pendle's token vesting contract between April 2022 and April 2023, when it was only worth 266,000 USD.

According to Arkham data, at 01:52, 1.8 million PENDLE (worth approximately 3.83 million USD) were transferred from an anonymous address (starting with 0x2697...) to Bybit.

According to Arkham data, at 01:19, 1.7 million PENDLE (worth approximately 3.6 million USD) were transferred from one anonymous address (starting with 0x6b41...) to another anonymous address (starting with 0x2697...).

According to The Block, the DeFi project Pendle has announced the launch of the sPENDLE liquid staking token, officially replacing the original vePENDLE multi-year locking mechanism. The new system shortens the withdrawal period from several years to 14 days, while introducing transferable and composable token features, simplifying the user participation process.Pendle revealed that the original vePENDLE system only attracted about 20% of the token supply to participate, the lowest among similar models. The new mechanism will utilize up to 80% of the protocol revenue for PENDLE buybacks and introduce an algorithmic emission model, which is expected to reduce the overall emissions by about 30%. Existing vePENDLE holders will receive a maximum reward multiplier of 4 times based on the remaining locking period, which will linearly decay over two years.

Pendle announced on Monday that it will replace vePENDLE with a new liquidity-staking token, sPENDLE, as the primary governance token to address significant barriers to broader adoption.Issues with vePENDLE include: long lock-up periods that cannot be redeemed early, lack of cross-platform usability (non-transferable), and overly complex governance (requiring weekly voting participation). Despite generating over $37 million in revenue in 2025, the complex voting mechanism led to rewards being concentrated among a few specialized users.In contrast, sPENDLE will improve with a 14-day withdrawal period (or an instant withdrawal with a 5% fee), usability across multiple DeFi platforms for re-staking and other purposes, and simplified governance (rewards for voting on key proposals only, PPP).The official announcement disclosed that the locking of vePENDLE will be paused on January 29, and the transition will be completed.

According to Lookonchain monitoring, 20 minutes ago, Arthur Hayes' address increased its holdings in DeFi sector tokens again.In the past two weeks, he sold 1,871 ETH (approximately $5.53 million), and then bought: 961,113 PENDLE (approximately $1.75 million), 2 million LDO (approximately $1.29 million), 6 million ENA (approximately $1.24 million), and 491,401 ETHFI (approximately $343,000). Overall, this is a clear asset reallocation from ETH to the DeFi sector.

According to Onchain Lens monitoring, Arthur Hayes has withdrawn the following tokens from the exchange: 4,826,944 ENA (approximately $984,800), 274,127 PENDLE (approximately $515,800), 440,832 LDO (approximately $260,200), and 358,671 ETHFI (approximately $250,300).