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Pendle Plans Expansion to Solana, Hyperliquid, and Ton in 2025
Decentralized finance (DeFi) continues to evolve, with protocols like Pendle leveraging the current market dynamics. Key points include:
- Pendle's growth in 2024 saw total value locked (TVL) reach $4.4 billion and daily trading volumes at $96 million.
- Pendle offers two main products: Principal Tokens (PT) for fixed yield and Yield Tokens (YT) for farming potential airdrops.
- The protocol has become a significant token launchpad, evidenced by over $1 billion in TVL during Berachain's airdrop anticipation.
Pendle's 2025 Plans
- Upcoming upgrades include dynamic fees for yield trading and enhancements to the vePENDLE token bribe system.
- A focus on perpetual funding rates will allow traders to engage in yield trading on these rates.
- Pendle plans expansion to non-EVM chains like Solana and Hyperliquid.
- Targeting regulated entities and Islamic funds with KYC-compliant products to access crypto yields.
Pendle aims to disrupt traditional finance by offering higher yields than conventional bonds, expanding its addressable market beyond Ethereum's yield markets.
Authors credited by the source: Donovan Choy
Published by Holder based on an external source.
