In the live broadcast, I mentioned that I am quite optimistic about Pendle multiple times. Here is a set of institutional data for everyone's reference:

Investment institution Spartan Group released a research report stating that the Pendle platform supports yield trading and is one of the biggest beneficiaries in the era of stablecoin expansion. Of the $11 billion in circulating yield-bearing stablecoins, 30% (over $3 billion in assets) is held in Pendle, accounting for 1.3% of the total supply of stablecoins. The protocol splits yield-bearing assets into principal tokens and yield tokens, allowing participants to choose to lock in fixed yields or speculate on yield fluctuations. The Pendle platform is vast:

· Total Value Locked (TVL) reaches $4 billion, with 83% from stable assets

· Cumulative trading volume is approximately $50 billion

· Annualized income is between $35 million and $40 million (90-100 basis points of locked value)

To shift from speculative investments to value investments, we need to focus on locking in projects with self-sustaining capabilities. Of course, if you particularly enjoy chasing quick wealth, you can ignore my advice.

Future projects will either be like Aave, Pendle, and Tao, or be purely public hype memes like Trump.