Pendle has been quite impressive recently, with the total value of assets locked on the platform (also known as TVL) rising to 9 billion dollars. Among this, 6.4 billion dollars are fixed income bonds, which is a significant proportion.

This is not hard to understand; now everyone in the crypto market is looking for some stable investment that can yield returns. The fixed income products offered by Pendle perfectly meet this demand.

They previously launched a new platform called Boros, which allows users to trade interest rates and has added a new unit of yield, providing more ways for everyone to make money. Within just 48 hours of going live, quite a few people deposited their money, indicating it has indeed attracted a lot of interest.

Pendle's approach is quite unique, separating yield-generating tokens into principal and yield parts, allowing them to be traded separately. Users can flexibly choose how to invest based on their risk tolerance, enabling better utilization of their funds.

As a result, not only ordinary investors like it, but institutions are also gradually paying attention to it. With the platform gaining popularity, its own token Pendle has also seen an increase in price, rising by 45% since Boros went live, and is currently around 5.6 dollars each. It seems that the future development might still be promising.#山寨币谷歌热度创五年新高