Pendle Weekly Update: Pendle has launched Sonic, the external protocol will self-deploy the Pendle market through a Community Launch

By: blockbeats|2025/03/04 00:00:03
0
Share
copy
Source: Pendle

This Week's Alpha: Community Launch

According to official information, Pendle has announced the Community Launch - starting this week, external protocols can deploy their own Pendle markets, and the Pendle team will whitelist them on the UI after a final (non-contract) check, moving towards full permissionlessness. At the same time, Pendle will also launch a dedicated UI for Pendle Prime, showcasing deeper liquidity assets audited by the Pendle team and external auditors.

Last Week Recap:

Pendle TVL measured in ETH hit an all-time high of 208,000 ETH.

Pendle Weekly Update: Pendle has launched Sonic, the external protocol will self-deploy the Pendle market through a Community Launch

lvlUSD went live on Pendle, with wallet holders of lvlUSD YT and LP tokens earning 40x XP and Symbiotic points. Wallet holders of slvlUSD YT and LP tokens can earn 20x XP.

Current Pendle Hotspot:

Pendle has launched Sonic, introducing pools like wstkscUSD and wstkscETH (expiring on May 29, 2025) with fixed APY up to 18% and LP APY up to 24.98%. These pools offer up to 12x implicit leverage.


Top PT APY (at the time of writing):  

Stablecoin: wstkscUSD 29-MAY [SONIC] @ 18.17% APY

ETH: wstkscETH 29-MAY [SONIC] @ 10.89% APY

BTC: SolvBTC.Bera 10-APR @ 11.8% APY

Original Article Link

You may also like

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena

Overview of Important Market Events on June 10

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?

The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?

Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins

The largest Bitcoin money laundering case in the UK has new developments: 16,000 Chinese victims are pursuing 61,000 seized Bitcoins across borders, and the dispute over the applicability of UK and Chinese laws will directly determine whether the victims can share in the soaring profits.

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

How to reconstruct the prediction market using leverage?

Galaxy in-depth report: Is Solana still worth paying attention to?

Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com