Overall Size and Money Locked
Pendle’s total value locked (TVL) stands at roughly $1.0 billion, making it significantly larger than SoSoValue, which has about $160 million locked. The TVL of Pendle has dipped slightly over the past week, while SoSoValue’s TVL also fell but at a larger percentage.
Both protocols have experienced a modest decline in TVL over the last seven days, with Pendle down about 2 % and SoSoValue down about 4 %.
User Activity and Fees
Daily trading volume on Pendle is around $7.3 million, compared with roughly $585 thousand on SoSoValue. Despite the lower volume, SoSoValue’s users paid about $147 thousand in fees in the last 24 hours, far exceeding Pendle’s $4.5 thousand. This indicates a higher fee generation relative to its size.
The fee figures reflect the level of activity and revenue each platform captures from its users.
Network Reach
Pendle operates on 14 chains, including Ethereum, Arbitrum, BSC and several emerging networks. SoSoValue is deployed on 18 chains, covering major ecosystems such as Bitcoin, Ethereum, Solana, Cardano and Polygon, giving it a broader cross‑chain presence.
The larger number of supported networks gives SoSoValue a wider potential user base across different blockchain communities.
Who Might Prefer Each Platform
Pendle is suited for users who prioritize deep liquidity and a large TVL, especially those interested in trading tokenized future yield on its AMM system.
SoSoValue appeals to investors seeking exposure to a diversified spot index solution and who value broader chain compatibility, even if the platform’s TVL is smaller.