Pendle reaches $111M TVL on Monad blockchain, becoming its fifth-largest protocol. AUSD stablecoin supply hits $115M as yield markets gain Pendle hits $111M TVL on Monad, becoming the chain's fifth-largest protocol.
Pendle's auto-looping feature could democratize complex DeFi strategies, potentially increasing user adoption and impacting protocol revenue. Pendle introduces PT auto-looping feature for V2 update.
Pendle's upgrade simplifies DeFi, potentially boosting cross-chain adoption by reducing barriers and enhancing user experience in token swaps. Pendle upgrades Bungee Exchange V3 for seamless cross-chain swaps.
Pendle's strategic shift to sPENDLE and reduced emissions could enhance token stability, but market crash risks and buyback sustainability remain key. Pendle surpasses 100M staked tokens as emissions slashed by 71%.
Technical strength met fundamental growth. The next test now sits on the chart.
Pendle's rapid growth on Monad highlights the potential for innovative DeFi platforms to reshape trading dynamics and attract significant capital. Pendle becomes fifth largest protocol on Monad with $50M TVL in just 10 days.
PENDLE fell 10% despite strong buyer activity, leaving traders focused on key support.
Pendle's rapid $50M TVL growth highlights DeFi's potential to attract capital with fixed yields, challenging traditional finance's offerings. Pendle achieves $50M TVL in under 2 weeks with sUSDS pool.
Pendle's revamped tokenomics enhance liquidity and investor returns, potentially boosting DeFi engagement and protocol revenue growth. Pendle buys back 1.7M tokens, distributes $1.4M in airdrops to sPENDLE holders.
Pendle's recognition highlights the growing importance of innovative DeFi solutions, but also underscores the volatility and risks in the sector. Pendle named to Fortune's Crypto Innovators list among 30 leading projects.
Mu Digital's tokenization of Asian credit markets democratizes access, potentially reshaping global DeFi landscapes and investment strategies. Mu Digital tokenizes Asian credit market, integrates with Pendle Finance.
Plume said that nOPAL is now live on Pendle's Ethereum mainnet through a 120-day market. The blog says PT buyers are targeting about 11% current fixed APY, with Brazilian credit card receivables backing the on-chain yield product. The rollout affects DeFi users seeking short-duration RWA credit exposure beyond Treasury-style products.