STRCx deposits on Pendle reached a record $50.4 million on Ethereum. STRCx is a tokenized representation of STRC, Strategy Inc.’s variable-rate perpetual preferred stock listed on Nasdaq, which has recently paid dividends ranging from 11.5% to 12%. About 25% of the outstanding STRCx supply is held in Pendle markets, while 98% of its DeFi deposits are on Ethereum. Strategy shareholders overwhelmingly approved moving STRC to daily dividend accrual starting in November on October 28, 2026, a change expected to increase demand for STRCx.
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