Pendle (PENDLE)

Pendle Print #117 • $PENDLE goes live on Revolut (UK & EEA) • YT-sUSDD gets buffed with $TRX on top of existing $USDD rewards • Sky sUSDS (Nov 2026) goes live with $30k weekly rewards across whole maturity • PT-sUSDS has also been natively integrated into Sky's UI, opening direct access to Fixed Yield powered by Pendle • Incentives for YT and LP for Altura AVLT • PT-sUSDD goes live as collateral on Morpho

one of the most relentless founders I’ve ever met is @tn_pendle of @pendle_fi most don’t know because it isn’t performative or driven by hype or status: - pendle sees incredible success -> jobs not done - consistently foresaw next major narratives and positioned pendle accordingly - approaches any issues calmly and simply as a challenge - doesn’t waste money on flashy parties - very high focus on security and core team quality - long term thinking and ambition that is backed up by huge work ethic never bet against relentless founders pendle

one of the most relentless founders I’ve ever met is @tn_pendle of @pendle_fi most don’t know because it isn’t performative or driven by hype or status: - pendle sees incredible success -> jobs not done - consistently foresaw next major narratives and positioned pendle accordingly - approaches any issues calmly and simply as a challenge - doesn’t waste money on flashy parties - very high focus on security and core team quality - long term thinking and ambition that is backed up by huge work ethic never bet against relentless founders pendle

The latest DeFi developments👇 CFTC legalized perps in the US @SkyMoney and @pendle_fi partnered to launch a fixed-rate sUSDS product @Morpho released the whitepaper for Morph Morpho Midnight - a new dApp for fixed rate, fixed term credit markets @ethena partnered with Coinbase to launch a new savings product @JupiterExchange introduced Jupiter Forecast - Solana's first fully native prediction markets Tom Lee’s Bitmine announced plans to create a STRC-style product in order to raise money and buy more ETH @arbitrum Foundation published a proposal asking Arbitrum DAO for ~$43.5M to fund another year of operations Grayscale launched its Hyperliquid Staking ETF @NEARProtocol Intents surpassed $20B in all-time cross-chain volume @Lighter_xyz founder announced they are working on an options product @ExponentFinance V2, a new interest rate trading platform on Solana, went live @zodial_xyz, the first portfolio-margin lending protocol in DeFi, went live on Solana @opensea announced its own perps DEX powered by

Pendle's TVL went from the $230M to over $6 billion between early 2023 and mid-2024. that growth didn't come from marketing, it happened because yield traders started treating @pendle_fi as real infrastructure. the platform separates yield-bearing assets into principal and yield components so future yield can be traded independently. and to succeed on Pendle, the underlying yield actually has to be worth trading. @alturax has built a strong position within the Pendle ecosystem through real liquidity and consistent user participation. most DeFi protocols treat partnerships the same way resumes treat references, just add names for credibility. Pendle's rankings don't work that way. they're shaped by liquidity, volume, and user behavior, no amount of marketing can hold a strong position if the yield structure doesn't survive consistent scrutiny from people who trade yield professionally. and incase you still don't get it, when you're evaluating where to put capital in a yield protocol, APY is one number

Pendle's TVL went from the $230M to over $6 billion between early 2023 and mid-2024. that growth didn't come from marketing, it happened because yield traders started treating @pendle_fi as real infrastructure. the platform separates yield-bearing assets into principal and yield components so future yield can be traded independently. and to succeed on Pendle, the underlying yield actually has to be worth trading. @alturax has built a strong position within the Pendle ecosystem through real liquidity and consistent user participation. most DeFi protocols treat partnerships the same way resumes treat references, just add names for credibility. Pendle's rankings don't work that way. they're shaped by liquidity, volume, and user behavior, no amount of marketing can hold a strong position if the yield structure doesn't survive consistent scrutiny from people who trade yield professionally. and incase you still don't get it, when you're evaluating where to put capital in a yield protocol, APY is one number

Pendle's TVL went from the $230M to over $6 billion between early 2023 and mid-2024. that growth didn't come from marketing, it happened because yield traders started treating @pendle_fi as real infrastructure. the platform separates yield-bearing assets into principal and yield components so future yield can be traded independently. and to succeed on Pendle, the underlying yield actually has to be worth trading. @alturax has built a strong position within the Pendle ecosystem through real liquidity and consistent user participation. most DeFi protocols treat partnerships the same way resumes treat references, just add names for credibility. Pendle's rankings don't work that way. they're shaped by liquidity, volume, and user behavior, no amount of marketing can hold a strong position if the yield structure doesn't survive consistent scrutiny from people who trade yield professionally. and incase you still don't get it, when you're evaluating where to put capital in a yield protocol, APY is one number