In the past month, Pendle Finance's native token Pendle has also experienced a sharp rise, with prices rising from the bottom of 1.81 to 4.3, an increase of 240%. The price surge coincided with the listing announcement of Upbit, a major centralized cryptocurrency exchange in South Korea.

Pendle Finance is a DeFi platform that tokenizes returns on Ethereum. It allows users to trade and earn returns by dividing assets into principal tokens and return tokens. This model has greatly increased Pendle's popularity in the DeFi field, leading well-known industry figures such as BitMEX co-founder Arthur Hayes to call the project "the future of DeFi."

Recently, Pendle officially entered the Bitcoin return field, providing Bitcoin holders with new return strategies and fixed income trading opportunities by launching a BTC pool. This move comes at a time when the market's interest in Bitcoin staking and its return opportunities is rapidly rising. Pendle cooperates with a variety of Bitcoin return protocols, including Corn LBTC and EtherFi's eBTC, and users can obtain new return opportunities through these collaborations. In the future, we plan to launch more Bitcoin staking income pools such as Bedrock uniBTC, Solv solvBTC, and PumpBTC.

As a DEX in the interest rate market, Pendle has opened a new door for traders and arbitrage users. Although Pendle is not performing well due to the market environment, if the market shows an upward trend in the future and the prices of various tokens recover, leading to an increase in APY, Pendle will still usher in another explosive period. #PENDLE🔥🔥 #PENDLE💰智能多空策略 #加密市场反弹 #哈里斯支持数字资产 #pendle $PENDLE