Pendle (PENDLE)

Pendle's Boros is one of the fastest growing new DeFi products right now. It just crossed $11.5B in notional volume. At the current pace, Boros is growing 2.5x faster than Pendle V2. https://t.co/R6k0Qvmiz9

Who dis? @pendle_fi https://t.co/26pagwNdqH

big pendle fan but concentration risk is real here no? basically means +50% of the tvl + revenue is directly tied to the same third party feature rather than a bug for now but we need more defi protocols to step up and spread the dependency

$PENDLE Bear Flag Forming 👀 After a strong impulsive drop, PENDLE is consolidating inside an upward-sloping channel — forming a potential bear flag on the 12H. Place a sell limit at $1.38 near the upper boundary of the flag, with invalidation above $1.50. If price breaks below the lower trendline, it opens the path toward the $1.00 psychological level.

I've now talked to multiple teams bringing @MicroStrategy's STRC yield on chain and one question keeps popping up: Do users want exposure to STRC volatility, or do they want the derivative to behave more like a yield-bearing dollar? So far the teams are all leaning towards giving their derivatives full exposure to STRC. That means potential 3-7% "depegs" every few months. Their reasoning, which they seemed to arrive at independently of each other, is that it's good for @pendle_fi or Pendle-like markets. E.g., When STRC goes below its NAV, you can buy the YTs (pushing up the IY) and, as STRC returns to NAV, it gives you additional yield/return. BUT, since each team so far is going to name these derivatives as if they're stablecoins (xUSDxx, for example), I would personally expect them to perform more like stables and less like STRC. I'm exited for them all nonetheless, but would love to know what farmers out there think about this.

finally, @42space is live! 👏 it’s not another prediction market. it’s in a class of its own! the best way to comment on this launch is by sharing what @Leozayaat said about his vision for inventing 42: “creating something new definitely has trade-offs, and the start is inevitably tougher than others’ paths… but our core strength is in continuously producing assets that are highly volatile yet fair. very very very few assets achieve both, so I think a harder beginning is worth it. more work, but better rewards.” respect 🫡 to founders who dare to create something new. referral credit to the one and only @tn_pendle 🍻

80% of new tokens bleed out within 90 days and most dump 50–70% from launch. Meanwhile billions flow into crypto IPOs + M&A. Protocols are PRINTING revenue and their tokens are still down BAD. • $PENDLE → down 75% but generating real yield flows • $HYPE → $475M revenue engine • $ENA → SaaS model spreading across crypto • $UNI → $400M+ in fees • $AAVE → half a billion in fees And yet, they’re discounted like they’re useless because most tokens are structurally broken. The gap between a good project and good token is where money will be made this cycle. Study the ones building REAL systems now.