Pendle (PENDLE)

Another crypto x tradfi integration that makes A LOT of sense. I can totally see Revolut users loving PTs and chosing them over boring bonds.

One thing becoming increasingly clear isn't who has the most liquidity. it's who is actually putting that liquidity to work. during previous cycles, projects could attract billions in TVL through incentives and still struggle to build sustainable demand. today, capital appears far more selective,,and increasingly, the protocols attracting attention aren't just holding liquidity... they're facilitating real economic activity. that's partly why protocols like @MorphoLabs, @pendle_fi, @HyperliquidX, @SkyEcosystem and platforms like @Polymarket continue to stand out. they sit at the center of where capital is actually being used: - borrowed - traded - deployed - hedged - priced.. for example: - @Morpho now manages over $7B+ in TVL while generating nearly $28M in quarterly revenue. - @HyperliquidX recently surpassed $59M in fees over the past 30 days, putting it on a roughly $700M annualized revenue pace. - @pendle_fi remains the dominant venue for on-chain yield markets, while @SkyEcosystem continues to serve as one of the core credit and stablecoin layers across DeFi. Meanwhile, @Polymarket has shown that prediction markets can attract meaningful capital by turning information itself into a tradable asset. the bigger question isn't how much capital sits inside a protocol. it's what that capital is actually doing,,because liquidity can always be attracted,,capital utilization is much harder to manufacture. if on-chain finance continues to mature, the biggest winners may not necessarily be the protocols with the highest TVL... but the ones that become essential infrastructure for moving, coordinating, and deploying capital. that's where network effects compound,,,and where long-term value tends to accrue. over time, I've become more interested in protocols that generate revenue from real economic activity. because at some point, investing becomes less about chasing narratives and more about understanding where sustainable demand is actually being created...

I've said it once, I'll say it again. LPs on @pendle_fi or @ExponentFinance one of the few places in DeFi where you can get your cake and eat it too. I.E., you keep your principal and you farm some of the highest points multipliers in DeFi. Let's check out some of the top LPs on each: PENDLE: ➤ nOPAL: 49% No Points / PLUME Incentives ➤ WOUSD: 37% No Points / OUSD Incentives ➤ apyUSD: 33% 32x Points / PENDLE Incentives ➤ apxUSD: 27% 100x Points / PENDLE Incentives EXPONENT: Remember that Exponent is different because you can choose your APY range to make your liquidity tighter or wider for more or less yield ➤ ONyc: 20% 8x Points / ONyc Incentives ➤ eUSX: 15% 22.5x Points / eUSX Incentives

$PENDLE ✍🏻 We’re keeping a close eye on this chart. https://t.co/Qeh91iJxop

Recent break of the long term downtrend and retest of the supply/resistance level of $2.25 from $1.00. Lets see if this rejection will create a retest of $1.00 will occur and hold. If I was buying, that's where I'd be placing bids. ethereum:0x808507121b80c02388fad14726482e061b8da827

#upPendle,,, one thing becoming increasingly clear lately is that the market keeps getting more selective. people seem to care less about narratives alone and a lot more about where the actual demand is coming from. that’s partly why @pendle_fi has been back on my radar. what caught my attention recently wasn’t the TVL. it was Boros crossing $18B+ in notional volume..what makes the numbers stand out even more is that Boros only went live in January this year. Boros, Pendle's funding-rate trading platform is seeing growing activity as users increasingly trade rates rather than simply farm yield. with roughly +3,000 users generating more than $733k in cumulative fees already, the signal here looks less like experimental activity and more like early product-market fit. >> that suggests users are doing more than simply parking assets and collecting yield. they’re actively positioning around rates…and if crypto keeps moving toward becoming a real financial system, rates will likely become one of the largest markets on-chain. the interesting part is that #Pendle spent years building liquidity, infrastructure and distribution before most of the market even started paying attention to this opportunity. while many DeFi protocols are still fighting to attract liquidity, Pendle is gradually expanding into a much larger addressable market. few DeFi protocols today combine product-market fit, active usage, growing revenue and a team that continues shipping regardless of market conditions. that alone already puts $Pendle in a fairly small group. NFA. DYOR.

➥ TOP #1 TODAY - PENDLE | Yield Derivatives Volume @pendle_fi just printed $31M in yield derivatives vol today Up 19.4% from yesterday, and the strongest single day in over a week - ethereum:0x808507121b80c02388fad14726482e061b8da827 had a rough stretch, down 40% week-over-week - Today was the reversal, monthly trend still up +41.9% even with the mid-week weakness - When Pendle bounces, it bounces on Ethereum w/ $26.4M of the $31M (85%) - Arbitrum added $3.7M - Plasma and BSC rounding out the rest The context matters, Pendle is a yield futures market → you're trading the yield on assets like weETH, sUSDe, reUSD, thPILL and other LSTs/LRTs before maturity When rates move or macro shifts, these traders act fast When TradFi talks about bringing rates trading onchain, Pendle is the protocol that already exists

Your job the next 6 months is just survive. Be a cockroach, and survive. Block out all the drama and whining here on CT. The bearish sentiment is so overblown. Ignore it. Just survive, and while you do, look for the best products onchain, the best builders, and the best token value accrual, whatever it turns out to be in your analysis.