#pendle

PENDLE11.61%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
fysuny
· 4h ago
Pendle Finance(commonly abbreviated as Pendle)is a leading **DeFi Yield Trading protocol**. Its core innovation is **tokenizing and splitting the future yields of yield-bearing assets**, enabling users to independently trade the “principal” and the “yield,” thereby supporting strategies such as locking fixed yields, speculating on floating yields, and using leverage to go long/short on yield rates. It is hailed as the “secondary market for yields” in DeFi—similar to zero-coupon bonds plus coupon splitting in traditional finance.

The project launched on the Ethereum mainnet in 2021. It was founded by TN Lee (former Business Lead at Kyber Network). It has since expanded to multiple chains, including Arbitrum, Base, Optimism, BNB Chain, and HyperEVM, and supports assets such as LSD/LRT, stablecoins, and RWA. As of 2025–2026, Pendle has become one of the DeFi protocols with the highest TVL and highly active users, holding a dominant position in the yield infrastructure sector.
View OriginalReply0
  • Pin