Pendle

Pendle has one obsession in 2026: Making you and your yield stupidly powerful. Our goal is turning Pendle into the no-brainer destination for anyone looking for the best yields. Some highlights from the big, scary mindmap straight from the sweaty depths of Pendle's backoffice 👇🏻

@Paxos @global_dollar Link to markets: app.pendle.finance/trade/pools/0x…

Pendle is now the largest holder of $USDG - 2 weeks after the market went live. By turning yield into tradable markets, Pendle gives institutional assets a direct path to building onchain liquidity and traction 🤝

Pendidlers probably already caught the @Paxos USDG external incentive program ($150k in rewards over 5 weeks) But I want to zoom in on something specific → limit order incentives While I was scouting for places to farm with my stables (again KEK), I noticed this nice little yellowish-brown prompt - supply liquidity within a range, get a bonus APR on top (worth noting: this only applies to YT/PT, and only for select pools) Say I want to capitalize on this USDG campaign incentives, 👉 I'd place my YT orders between 5.12% to 5.66% to earn 60.75% APR (this can fluctuate wildly, heads up) What other pools are running something similar? • @USDai_Official → USDai and sUSDai • @ethena → sUSDe • @strata_markets → jrUSDe and srUSDe • @Re → reUSD • @Neutrl → sNUSD • @avantprotocol → savUSD The range with limit order incentives creates a "demand zone" to keep the IY price up + a win for us farmooors comfortably stacking points (excl. Paxos USDG) Juicy yields get juicier with @pendle_fi

As of now, assets can exist in multiple Pendle pools across multiple chains. Take @ethena sUSDe for example, there are 3 pools existing across Ethereum and Plasma. The vision of Pendle's omnichain is to collapse all of these into a single, gigantic pool on a canonical "home" chain. The same pool that gets accessed by everyone, from everywhere, from any chain. Better depth means better swaps. One pool per asset per maturity means better streamline and zero confusion. The downstream effect is that Pencosystem integrations stop being chain-constrained. Any lending markets on Base for instance can support any PTs on Plasma. The result is an explosion of choices for PT holders, and also for any DeFi apps looking to support Pendle assets becomes trivially easy. What we have here is a step towards that near future ⚡

Here's something absolutely bonkers 👇🏻 $150M market buy of PT-srUSDe, with only -0.01% price impact. That's a 4.31% effective fixed APY on $150M in a single swap. Not even the deepest $BTC markets on CEXs could let you do this 👀

"Oh no, my position just matured, what am I to do now?" Here's all you need to know about how to handle the latest 19 March maturity for these pools 👇🏻

Pendle is proud to power the yield curve for @OCRRate, the first standardised onchain benchmark for stablecoin yields. OCRR uses Pendle's fixed-rate markets to construct a full term structure, bringing institutional-grade rate infrastructure to DeFi 🤝

Link to market: app.pendle.finance/trade/markets/…

All of this became possible thanks to the magic from our LO Incentives. The limit order book depth has grown enough to absorb mega-sized swaps without moving the market, the kind of size that would typically require OTC desks and days of coordination. Fixed yield at institutional scale, on-chain, instantly.

And that's it! Just like that you can now easily rollover to continue enjoying those lovely yields on Pendle 💙 As mentioned, our goal is to make everything stupidly powerful for you, so expect more improvements to all these even more stupidly easy soon!

2️⃣ vkHYPE & kHYPE As for kHYPE and vkHYPE, you can easily migrate your PT/LP positions into any other markets. In this example, we're showing @ValantisLabs stHYPE, another liquid staked $HYPE.

In TradFi, the yield curve underpins trillions in fixed income products. It's how the entire rate market gets priced. Great to see Pendle powering that same foundation for onchain yields. Link: onchainreferencerate.com/yield-curve