Pendle keeps blowing my mind. In just one week it’s done about $1.78 B in DEX volume and now sits at $13 B+ TVL 🤯
For anyone still wondering what it actually is: @pendle_fi lets you split any yield-bearing token into two parts Principal Tokens (PT) that pay you a fixed yield at maturity, and Yield Tokens (YT) where you can trade or speculate on future yield. It’s like bringing an on-chain fixed-income market to DeFi.
New pools (Ethena sENA, GMX gmETH, Maple SyrupUSDC, Resolv wstUSR…) + cross-chain PTs + Pulse (the new AI portfolio optimizer) are all feeding the flywheel.
More pools → more traders → more liquidity → more trust.
With $13 B locked and nearly $2 B/week in volume, $20 B TVL doesn’t look crazy anymore.
Pendle is quietly turning into DeFi’s yield marketplace + fixed-income layer.
Higher. Pendle.
Last i wanna give huge thanks to real builder @Rightsideonly @PendleIntern
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