Pendle LRT Opens Re-Pledging Channel on Arbitrum

The DeFi yield market Pendle announced on platform X that Pendle LRT has opened a re-pledging channel on Arbitrum. Since the launch of eETH and rsETH on Pendle, there has been significant growth in the LRT ecosystem on Arbitrum. So far, Pendle and its LRT partners have attracted about $180 million in liquidity for Arbitrum, most of which is held by Pendle's SY contract.