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Pendle plunges 28% in five-day slide as selloff volume accelerates
- The decentralized finance yield token Pendle suffered a steep multi-day decline, signaling a sharp shift in near-term momentum.
- The price fell for five consecutive days, dropping 28.14% from its May 25 close of $1.92 to end at $1.38.
- Trading volume doubled over the last two days of the decline to reach $102.39 million, indicating accelerating selloff pressure.
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Conclusion
PENDLE-USD fell from $1.91951 on 2026-05-25 to $1.37934 on 2026-05-29, representing a 28.14% drop. The single-day decline on May 29 was 5.20% (down from $1.45506). Volume rose from $51,558,142 on 2026-05-27 to $102,387,920 on 2026-05-29. This is fresh today as the five-day slide culminated at the Friday close.