logo

Pendle Weekly Update: Pendle has launched Sonic, the external protocol will self-deploy the Pendle market through a Community Launch

By: blockbeats|2025/03/04 00:00:03
0
Share
copy
Source: Pendle

This Week's Alpha: Community Launch

According to official information, Pendle has announced the Community Launch - starting this week, external protocols can deploy their own Pendle markets, and the Pendle team will whitelist them on the UI after a final (non-contract) check, moving towards full permissionlessness. At the same time, Pendle will also launch a dedicated UI for Pendle Prime, showcasing deeper liquidity assets audited by the Pendle team and external auditors.

Last Week Recap:

Pendle TVL measured in ETH hit an all-time high of 208,000 ETH.

Pendle Weekly Update: Pendle has launched Sonic, the external protocol will self-deploy the Pendle market through a Community Launch

lvlUSD went live on Pendle, with wallet holders of lvlUSD YT and LP tokens earning 40x XP and Symbiotic points. Wallet holders of slvlUSD YT and LP tokens can earn 20x XP.

Current Pendle Hotspot:

Pendle has launched Sonic, introducing pools like wstkscUSD and wstkscETH (expiring on May 29, 2025) with fixed APY up to 18% and LP APY up to 24.98%. These pools offer up to 12x implicit leverage.


Top PT APY (at the time of writing):  

Stablecoin: wstkscUSD 29-MAY [SONIC] @ 18.17% APY

ETH: wstkscETH 29-MAY [SONIC] @ 10.89% APY

BTC: SolvBTC.Bera 10-APR @ 11.8% APY

Original Article Link

You may also like

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

A VC from the Crypto world said AI is too crazy, and they are very conservative

Amid the Crypto frenzy and with investors who once missed out on Pinduoduo, a new AI fund called Impa Ventures was established, rejecting bubble narratives and adhering to a conservative "problem-first" strategy to seek real business value.

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?

Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

Popular coins

Latest Crypto News

Read more