ChainCatcher news, Pendle data shows that today the 24-hour trading volume of wcgUSD ranks first on the platform's trading leaderboard. wcgUSD is developed by Cygnus Instagram Layer, aiming to become a core asset in the new DeFi interest rate market through the combination of fixed rates, permissionless design, and composability.Cygnus stated that this data reflects the market's growing confidence in real yields and Instagram application layer assets, while also indicating strong growth in structured yield products.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the investment institution Arca seems to have invested in PENDLE again: they have withdrawn a total of 2.183 million PENDLE (8.31 million USD) from Binance in the last 6 days, at a price of $3.8. They actually had 3 previous investments in PENDLE over the past year, with a loss of about 960,000 USD.

ChainCatcher news, according to @EmberCN citing on-chain data, the investment institution Arca is suspected of investing in PENDLE again, having withdrawn a total of 2.183 million PENDLE from Binance in the past 6 days, valued at approximately 8.31 million dollars based on the price of $3.8 at that time.Although they have invested in this token three times in the past year, the overall account still shows a loss of about 960,000 dollars.

ChainCatcher news, according to Onchain Lens monitoring, a newly created wallet withdrew 500,000 PENDLE from Binance, worth 2.17 million dollars.

ChainCatcher news, Cygnus's stablecoin wcgUSD ranks in the top three by trading volume in Pendle's new stablecoin market, second only to eUSDe and USDS, with a TVL exceeding 32.65 million dollars.It is reported that wcgUSD is the first wrapped stablecoin natively integrated with Instagram, supporting the growth of stablecoin use cases across the entire Instagram ecosystem by enabling features such as on-chain task rewards and ad revenue sharing.

ChainCatcher news, according to official sources, Cygnus's stablecoin wcgUSD has officially integrated with the DeFi interest rate derivative protocol Pendle. Users can now deposit wcgUSD through the Keep YT mode, minting principal tokens (PT) and yield tokens (YT) with zero price impact, while simultaneously earning base yield, Pendle rewards, and Cygnus points for a triple yield. This solution aims to enhance capital efficiency, allowing users to optimize liquidity allocation while retaining full exposure to the underlying asset's yield.This collaboration is based on a shared vision for the structured yield market. Pendle's interest rate derivative infrastructure combined with Cygnus's composable yield-generating stablecoin layer creates a transparent and modular yield primitive. The two parties plan to explore deeper integration in the future through Pendle's infrastructure and Cygnus's Liquidity Verification System (LVS), including native re-staking of YT assets, modular treasury yield routing, and expanding stablecoin liquidity to applications such as the creator economy.The current integration solution has been launched on the Base chain, and users can participate directly through the Pendle trading market.

ChainCatcher news, according to analyst Yu Jin's monitoring, since the end of March, whales/institutions have been continuously withdrawing and accumulating PENDLE from Binance. In the past half hour, they have withdrawn 538,000 PENDLE (approximately $1.83 million) from Binance. Over the past month since the end of March, they have accumulated a total of 3.702 million PENDLE (approximately $11.04 million) through 6 addresses, with an average price of $2.98. Currently, they have an unrealized profit of $1.55 million (+14%).

ChainCatcher news, according to official sources, Pendle PT has officially launched as collateral on the Aave Core Market. Within hours of its launch, the $150 million quota was fully subscribed. The quota has now been increased to $250 million, with approximately $162.2 million in Pendle PT collateral deposited, accounting for 65% of the total quota.

ChainCatcher news, the Aave DAO proposal to integrate Pendle PT tokens into Aave V3 has opened for voting. Currently, the voting result is 100% in favor, with 3500 votes in support, and the voting deadline is April 11.

ChainCatcher news, according to Onchain Lens monitoring, in the past three days, a PEPE whale spent 1,016.4 ETH (approximately 1.86 million USD) to purchase 607,863 PENDLE at a price of 3 USD each. Meanwhile, the whale obtained 1,060.53 ETH by selling 28.121 billion PEPE to buy PENDLE, and may continue to increase its holdings.

ChainCatcher news, according to Spot On Chain monitoring, the large investor at address "0xe86" has actively adjusted their portfolio in the past 7 hours, focusing on buying multiple DeFi tokens.Specifically, they have:Purchased 953.3 MKR, worth approximately $1.21 millionBought 230,500 PENDLE, worth approximately $707,000Placed orders to buy a total of 42,900 HYPE at prices of $11.25 and $11.49, with a total value of approximately $488,000It is noteworthy that this investor funded the above purchases by selling their holdings of LINK and AAVE tokens, which resulted in a total loss of approximately $506,000.

ChainCatcher news, according to Lookonchain monitoring, in the past 5 days, 5 newly created wallets have collectively withdrawn 2.66 million PENDLE (approximately 7.9 million USD) from Binance.

ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, in the past four days, 3 addresses (or belonging to the same whale/institution) have withdrawn 1.538 million PENDLE (4.33 million USD) from Binance, with an average withdrawal price of 2.82 USD. The common feature of these 3 addresses is: newly created, with only transactions of PENDLE withdrawn from Binance. Analysis suggests they may belong to the same whale/institution.

According to ChainCatcher news, monitored by Ai Yi, Abraxas Capital Management's $220 million worth of Principal Tokens (PT) deployed in the Pendle protocol has fully matured today, earning up to $7.52 million in interest income over nearly four months of holding. These PTs include 196 million sUSDe PT, 21.01 million USDe PT, and 95.51 LBTC PT.

ChainCatcher news, Coinbase will add support for AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) on the Ethereum network (ERC-20 tokens). If liquidity conditions are met, trading will begin on March 27, 2025, at 9 AM Pacific Time or later. Once there is sufficient supply of these assets, the ALT-USD, PENDLE-USD, and L3-USD trading pairs will be launched in phases.

ChainCatcher news, Coinbase adds AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) to the asset listing roadmap.

ChainCatcher message, Pendle yield enhancement protocol Equilibria announced on platform X that it has expanded to the Sonic ecosystem.