- Pendle reached $ 58 million in Sonic only one month after the launch due to flexible revenue strategies.
- It supports setting out, stablecoins and BTC/ETH assets, which stimulates Defi usability between networks.
Pendle recently attracted the attention of the Sonic Network. Only one month after the launch, according to Dune, the protocol has included a total value of $ 58 million (TVL). That is not only a large figure on paper, it also catches the indisputable great trust and excitement of the Defi community.
How Pendle it combines with multi-yield tactics
Behind this wave is an unusual strategy. Shuttle Do not rely on only one approach, but combines various yield strategies such as Principal Token (PT), Yield Token (YT) and Liquidity provision (LP). With this combination, users can use their assets in a much more flexible way, without being bound by traditional expansion methods that can sometimes feel boring.
On Sonic, Pendle now supports a variety of derived assets, including liquid reinforcement sticks (LST) such as STS, WOS and Wans.
From AUSDC to SOLVBTC: Pendle Covered more soil
In addition, Pendle also supports algorithmic stablecoin assets of two different protocols, namely AUSDC (from Aave) and WSTKSCUSD (from Rings Protocol). The presence of these stablecoins offers the stability that users need to play safely in the middle of a market that can go up and down as a roller coaster.
Not only that, they also added support for BTC and ETH assets, including SOLVBTC.BBN and WSTKSCETH, which expands the product range and strengthens the attraction of the platform.
Why steal tokens yields in the spotlight
What the most attention stable, however, was the strategy Yield Token (YT). Many users consider YT as the most promising option.
The reason is simple: low costs, high potential returns. In the real world this is when buying a cheap lottery ticket, but with a reasonable chance of winning. The balance between risk and efficiency is what makes it much sought after.
Boros Bridges Tradfi and Defi in one place
On the other, CNF reported In December 2024, Pendle also launched Boros, a new platform that was designed to maximize the commercial activities of the yield.
From traditional financing to blockchain -based systems, this platform gives traders quickly access to many types of yield. Imagine that you can open one application and choose ETH removal results or Bankbosse interest rate without physical travel. Time -saving and pragmatic.
Pendle: New profit paths through the Mantelgateway
Looking back, in March 2024, Pendle also announced a strategic integration with Mantle Network. This partnership offers users extra options for earning income by using assets in the mantle ecosystem. This not only offers functions, but also increases Pendle’s Reach different Layer-2 networks, apart from Ethereum.
In the meantime, at the time of printing, Pendle is being changed over the hands for approximately $ 2.74upwards 2.70% in the last 24 hours and 31.90% In the past 7 days.
