According to @pendle_fi, bringing the secondary markets for locked and vesting tokens onchain has significantly improved trading by making it easier, more cost-effective, safer, and fully transparent. This innovation allows both retail and institutional traders to participate in these markets, increasing overall liquidity and reducing spreads. The onchain structure also minimizes counterparty risk and enables real-time verification of trades, directly impacting token price discovery and market efficiency (Source: @pendle_fi, Twitter, 2024-06-25). For crypto traders, this development offers new strategies for managing locked assets and accessing liquidity, which could influence broader DeFi token valuations and trading volumes.

According to Milk Road, Pendle Finance (@pendle_fi) introduces a mechanism that splits any yield-bearing token into two distinct components: Principal Tokens, which represent the base asset, and Yield Tokens, which represent the future yield generated by that asset (source: Milk Road Twitter, May 22, 2025). This structure enables crypto traders to separately trade or manage risk exposure to principal value and future yield. The innovation enhances DeFi options for yield farming and fixed-income strategies, increasing flexibility in portfolio management and potentially boosting liquidity for yield-based assets in DeFi markets.

According to @milesdeutscher, Pendle Finance ($PENDLE) enhances stablecoin utility by developing a yield market that incorporates stablecoins and their derivatives. It achieves this by dividing yield-bearing assets into Principal Tokens (PT) and Yield Tokens (YT), enabling traders to speculate or hedge efficiently.

According to @EmberCN, 40 minutes ago, Pendle Finance's ecosystem fund transferred 1 million PENDLE tokens (worth $4.04M) to Binance. This year, the fund has cumulatively transferred 4.4 million PENDLE tokens (worth $13.1M) to Binance at an average transfer price of $2.98. The fund still holds 18.16 million PENDLE tokens (worth $73.73M).