Update
STRCx Deposits Hit Record on Ethereum
STRCx, a tokenized representation of Strategy Inc.'s preferred stock, has reached an all-time high of $50.4 million in deposits on Pendle's Ethereum deployment. This record comes after a rapid increase from approximately $39.8 million in deposits as of October 16, 2026. About 25% of all outstanding STRCx now sits inside Pendle markets, with nearly all of the deposits, 98%, residing on Ethereum. The STRCx markets on Pendle were launched in August 2026, and the protocol introduced time-weighted yield distribution for yield tokens in the same month to improve trading experience.