DeFi L1/L2 Update: ETH Txns, Chainlink, Pendle

Summary

The Upside community announced key updates across DeFi L1/L2 protocols, noting that Ethereum transactions reached a peak of 2.8 million on January 16th. The update also highlighted Chainlink's role in providing pricing data for US stock and ETF markets. Furthermore, Pendle is set to replace its under-adopted vePENDLE governance token with a new liquid token called sPENDLE.

DeFi+L1L2 Update:

⬆️ Ethereum txs peaked at 2.8M on Jan 16
⛓️ Chainlink provides pricing data for US stock and ETF markets
↔️ Pendle will replace its under-adopted governance token vePENDLE with a new liquid token sPENDLE

Full details 👇
https://crypto.com/market-updates/defi-l1l2-weekly-2026-01-21?utm_source=x&utm_medium=social&utm_campaign=rni_defi-l1l2

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defi l1 l2 ethereum chainlink pendle crypto blockchain tokenomics

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