Pendle Celebrates Its 5th Anniversary and Expands to Monad

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BlockBeats news, June 22: Pendle released its weekly update, highlighting continued progress on its protocol anniversary, cross-chain expansion, growth of yield products, and ecosystem collaboration, with key points as follows:


· Pendle celebrates its 5th anniversary. Transitioning from the early experimental V1 to V2, it has become the world’s largest yield trading platform. The team reflects on five years of evolution and expresses continued commitment to expanding its yield infrastructure capabilities.


Pendle has officially launched on the Monad ecosystem, initially opening two AUSD yield pools (Agora AUSD and Upshift earnAUSD), with up to $100,000 in weekly incentives to further expand liquidity markets on new chains.


· Pendle Intern lists 10 bullish reasons, including enhanced institutional adoption (such as inclusion on multiple institutional watchlists), continued RWA growth, Monad ecosystem expansion, anticipated DeFi usage growth driven by the CLARITY Act, strengthened buyback mechanisms, optimized deflationary model, and the AI agent financial infrastructure narrative.


· Sky Money's fixed-income TVL has surpassed $51 million, with its current fixed-income product built on Pendle offering approximately 5.15% APY, further advancing the scalable adoption of yield-bearing assets.


· Aave and Pendle continue to deepen integration: Aave V3 has launched PT-sUSDe (Plasma chain); the proposal to launch PT-srUSDe has been approved and is pending execution; meanwhile, PT-USDG is being advanced into the Aave V4 ecosystem.


On-chain data platform DeFiLlama shows that Pendle ranks among the top protocols for revenue growth over the past seven days, reflecting continued growth in yield trading and demand for fixed income.


· Boros launches a new limit order incentive program: market makers can receive 20% of the taker fee on filled orders, in addition to the existing incentive structure, to enhance order book depth and capital efficiency, optimizing the funding rate and market liquidity structure.

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