According to Milk Road, on May 2, Pendle increased its protocol yield fee from 3 percent to 5 percent, a strategic move expected to boost revenue by 30 percent (source: Milk Road, May 22, 2025). This fee hike demonstrates Pendle's market strength and could impact liquidity provider returns and token valuations. The change also signals growing confidence among DeFi protocols, potentially influencing similar fee adjustments in the sector. Crypto traders should monitor Pendle’s price action and DeFi fee trends as these shifts may drive volatility and present trading opportunities.