Yield stablecoins are worth $11 billion, accounting for 4.5% of the stablecoin market.

Yield stablecoins have reached $11 billion, accounting for 4.5% of the overall stablecoin market. This is a significant increase from $1.50 billion and 1% market share in early 2024.
Decentralized protocol Pendle currently accounts for 30% of the total revenue stablecoin lock-up (TVL), around $3 billion. According to the report, stablecoins account for 83% of Pendle's total lock-up, up from less than 20% a year ago.