Market Data
About PENDLE
Pendle is a yield-trading protocol that enables the tokenization and trading of future yield. By splitting yield-bearing tokens into principal and yield components, it allows users to execute advanced yield strategies. The protocol utilizes a specialized Automated Market Maker (AMM) designed for assets with time decay, providing liquidity and optionality for yield-bearing assets across multiple ecosystems including Ethereum, Arbitrum, and BNB Chain.
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