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Data: wcgUSD 24-hour volume ranks first on the Pendle leaderboard.
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 interest rates, permissionless design, and composability. Cygnus indicates that the data reflects the market's growing confidence in real yields and the asset layer of the Instagram application, while also showing strong growth in structured yield products.