Pendle
The world's largest crypto yield trading platform.
Pendle is a decentralized finance (DeFi) protocol that enables users to trade, hedge, and speculate on crypto yield. Users can earn fixed yield, trade spot yield, or long yield with leverage through its V2 and Boros products. The platform operates without lockups or liquidation risk, and supports both on-chain and off-chain interest rates.
Pendle tokenizes yield-bearing assets, allowing users to trade the yield component separately with leverage and capital efficiency via its V2 and Boros platforms.
crypto investors and DeFi traders seeking yield optimization
Background.
- Status
- launched
- Business model
- unknown
- Company
- Pendle Finance
Similar projects.
Editorial take on the space this project sits in — momentum signals, adjacent moves, our call on whether the wedge is real. Get pinged when we publish a new read or when the landscape shifts.
Have a take on this space?
Tell us what you’d build differently, where you think the incumbents miss, or what we’ve gotten wrong about this project. Comments + reactions are coming soon.