Pendle
@pendle.bsky.social
Liberating Yield || The World's Largest Crypto Yield Trading Platform ||
Discord: http://pendle.finance/discord
Telegram: http://t.me/pendlefinance
Discord: http://pendle.finance/discord
Telegram: http://t.me/pendlefinance
• We’re entering the final phase of stress testing for Boros, which will unlock a new source of yield speculation in funding rates
• The first Citadels going online, including but not limited to Pendle PTs being made available to non-EVM chains (e.g. Solana), KYC gated institutions and more
• The first Citadels going online, including but not limited to Pendle PTs being made available to non-EVM chains (e.g. Solana), KYC gated institutions and more
July 7, 2025 at 4:56 AM
• We’re entering the final phase of stress testing for Boros, which will unlock a new source of yield speculation in funding rates
• The first Citadels going online, including but not limited to Pendle PTs being made available to non-EVM chains (e.g. Solana), KYC gated institutions and more
• The first Citadels going online, including but not limited to Pendle PTs being made available to non-EVM chains (e.g. Solana), KYC gated institutions and more
Meanwhile, vePENDLE holders have continued to benefit directly from Pendle’s momentum, earning $13.1M in fees over the past 6 months - a 66% increase from H1 2024.
This figure includes both protocol fees and airdrops sourced and secured by the Pendle team.
This figure includes both protocol fees and airdrops sourced and secured by the Pendle team.
July 7, 2025 at 4:56 AM
Meanwhile, vePENDLE holders have continued to benefit directly from Pendle’s momentum, earning $13.1M in fees over the past 6 months - a 66% increase from H1 2024.
This figure includes both protocol fees and airdrops sourced and secured by the Pendle team.
This figure includes both protocol fees and airdrops sourced and secured by the Pendle team.
The launch of the self-deploy portal has further supported this momentum, enabling community-led deployments to play a key role in scaling Pendle more efficiently.
Over the same period, 150 pools have been deployed: a 114% increase from the same time last year.
Over the same period, 150 pools have been deployed: a 114% increase from the same time last year.
July 7, 2025 at 4:56 AM
The launch of the self-deploy portal has further supported this momentum, enabling community-led deployments to play a key role in scaling Pendle more efficiently.
Over the same period, 150 pools have been deployed: a 114% increase from the same time last year.
Over the same period, 150 pools have been deployed: a 114% increase from the same time last year.
Yield trading as a vertical continues to gain traction, with Pendle seeing over 70,000 user growth and >$16B of trading volume in the past 6 months.
July 7, 2025 at 4:56 AM
Yield trading as a vertical continues to gain traction, with Pendle seeing over 70,000 user growth and >$16B of trading volume in the past 6 months.
Pendle continues to serve as a major liquidity engine for some of the largest protocols in the space.
Most notably, 50% of Ethena’s TVL is attributable to Pendle.
OpenEden, which launched its first pool on Pendle in early April, has since grown its TVL by nearly 4x.
Most notably, 50% of Ethena’s TVL is attributable to Pendle.
OpenEden, which launched its first pool on Pendle in early April, has since grown its TVL by nearly 4x.
July 7, 2025 at 4:56 AM
Pendle continues to serve as a major liquidity engine for some of the largest protocols in the space.
Most notably, 50% of Ethena’s TVL is attributable to Pendle.
OpenEden, which launched its first pool on Pendle in early April, has since grown its TVL by nearly 4x.
Most notably, 50% of Ethena’s TVL is attributable to Pendle.
OpenEden, which launched its first pool on Pendle in early April, has since grown its TVL by nearly 4x.
Pendle’s TVL composition continues to lean heavily into stablecoins, with over 87% now denominated in stables.
Pendle is a narrative enabler, consistently at the forefront of DeFi’s most powerful trends, similar to what we did for LST, LRT, BTCfi and now, stablecoins.
Pendle is a narrative enabler, consistently at the forefront of DeFi’s most powerful trends, similar to what we did for LST, LRT, BTCfi and now, stablecoins.
July 7, 2025 at 4:56 AM
Pendle’s TVL composition continues to lean heavily into stablecoins, with over 87% now denominated in stables.
Pendle is a narrative enabler, consistently at the forefront of DeFi’s most powerful trends, similar to what we did for LST, LRT, BTCfi and now, stablecoins.
Pendle is a narrative enabler, consistently at the forefront of DeFi’s most powerful trends, similar to what we did for LST, LRT, BTCfi and now, stablecoins.
A total of $7.8B in TVL matured in H1 2025, a 25% increase compared to H1 2024 during the peak of the points frenzy.
Despite the scale of our maturities, our TVL continues to grow as users consistently roll over their positions.
Despite the scale of our maturities, our TVL continues to grow as users consistently roll over their positions.
July 7, 2025 at 4:56 AM
A total of $7.8B in TVL matured in H1 2025, a 25% increase compared to H1 2024 during the peak of the points frenzy.
Despite the scale of our maturities, our TVL continues to grow as users consistently roll over their positions.
Despite the scale of our maturities, our TVL continues to grow as users consistently roll over their positions.
Pendle’s dominance in the yield sector continues to strengthen. Since the beginning of 2025, Pendle's TVL has increased by 23%, hitting a new peak of $5.29 billion. Our TVL share has also expanded significantly, now commanding 58% of the market.
July 7, 2025 at 4:56 AM
Pendle’s dominance in the yield sector continues to strengthen. Since the beginning of 2025, Pendle's TVL has increased by 23%, hitting a new peak of $5.29 billion. Our TVL share has also expanded significantly, now commanding 58% of the market.
As we enter the second half of 2025, it’s worth taking a moment to reflect on what we've accomplished, and what lies ahead for us.
July 7, 2025 at 4:56 AM
As we enter the second half of 2025, it’s worth taking a moment to reflect on what we've accomplished, and what lies ahead for us.