Pendle Weekly Report: 5th Anniversary Review and Monad Launch, Ecosystem Revenue Market and Protocol Income Continue to Expand

BlockBeats News, June 22 — Pendle released this week’s update, focusing on the protocol’s anniversary, cross-chain expansion, growth of yield products, and ongoing ecosystem collaboration. The main points are as follows:

· Pendle celebrates its 5th anniversary. Transitioning from the early experimental version V1 to V2, it has become the world’s largest yield trading platform. The team reviews five years of evolution and states that they will continue to expand yield infrastructure capabilities in the future.

· Pendle officially launches on the Monad ecosystem, opening the first two AUSD yield pools (Agora AUSD and Upshift earnAUSD), with weekly incentives of up to $100k, further expanding liquidity markets on new chains.

· Pendle Intern releases 10 bullish reasons, including increased institutional adoption (such as being included in multiple institutional watchlists), continuous growth of RWA, ecosystem expansion on Monad, the expected impact of the CLARITY Act on DeFi usage, strengthened buyback mechanisms, optimized deflationary models, and narratives around AI agent financial infrastructure.

· Sky Money’s fixed income TVL surpasses $51 million, with current fixed income products built on Pendle offering approximately 5.15% APY, further strengthening the scalability of yield assets.

· Aave and Pendle continue to deepen integration: Aave V3 has launched PT-sUSDe (on the Plasma chain); the proposal for PT-srUSDe has been approved and is pending execution; meanwhile, PT-USDG is also being integrated into the Aave V4 ecosystem.

· On-chain data platform DeFiLlama shows that Pendle ranks among the top in protocol revenue growth over the past 7 days, reflecting sustained increases in yield trading and fixed income demand.

· Boros introduces a new limit order incentive mechanism: market makers can earn 20% of the taker fee from trades, combined with existing incentive systems, to enhance order book depth and capital efficiency, optimizing liquidity structure in the funding rate market.