Pendle

24h change: -0.20%. From $1.11 to $1.11.

• Pendle retires vePENDLE multi-year lockups and introduces sPENDLE for liquid staking with a 14-day withdrawal option. The upgrade includes protocol buybacks funded by revenue to share value with stakers. This change improves capital efficiency for users trading future yields.
• Pendle Kinetiq markets have exceeded $1 billion in volume or TVL. PENDLE token shows strong performance in 2025 alongside others like HYPE. This highlights growing adoption in yield trading.

24h change: +1.44%. From $1.12 to $1.14.

• Pendle has replaced its vePENDLE model requiring multi-year lockups with sPENDLE, a liquid staking token that includes a 14-day withdrawal period and enables protocol buybacks. This upgrade seeks to boost liquidity for holders and diversify revenue sources. Community discussions highlight its potential impact on DeFi yield participation.
• Pendle supports $3.5 billion in TVL against a $187 million token market cap, with every dollar of market cap supporting $11 in deposits. Stablecoin fixed yield pools total $1.85 billion across nearly 70 markets, generating $500 million in recent trading volume. Opportunities include fixed APYs up to 105 percent on select principal tokens.

24h change: -2.31%. From $1.16 to $1.13.

• Pendle added support for Aave V4 enhancing supply and borrow composability in yield trading. BitGo WalletConnect integration improves access for institutional users. These moves strengthen Pendle's infrastructure in DeFi yield markets.
• Pendle shipped cross-chain PTs, MCP, and Skills, achieving 100% AI readiness. This enables AI agents to handle complex YT-PT mechanisms for users. It lowers barriers for newcomers in yield tokenization.
• Pendle's TN Lee joined Deutsche Bank, Morgan Stanley, BlackRock, and others to pitch asset tokenization to Vietnam's Deputy Prime Minister. Discussion covered tokenized bonds, ETFs, and private credit. Aims to position Vietnam as financial hub with DeFi.

24h change: +1.64%. From $1.12 to $1.14.

• Pendle co-founder TN Lee joined executives from Morgan Stanley, BlackRock, Deutsche Bank, and others in New York meetings with Vietnam's Deputy Prime Minister. The group advocated for Vietnam as an international financial center focused on tokenized assets like bonds, ETFs, and private credit. This signals increasing collaboration between DeFi protocols and traditional finance in emerging markets.
• Pendle announced full readiness for AI agents through Pendle Skills and Model Context Protocol. This allows seamless plugging into Claude, ChatGPT, and others for autonomous yield discovery and trades. It advances agentic DeFi by making high-yield strategies accessible via prompts.
• Pendle launched a new sYUSD pool with maturity Sep 23 and 20% points boost for LPs. Additional integrations like UnitasLabs sUSDu are live. These developments enhance yield trading options and incentives within the ecosystem.

24h change: +1.33%. From $1.15 to $1.17.

• Pendle introduced Pendle Skills and Model Context Protocol (MCP) for seamless integration with AI agents such as ClaudeAI and ChatGPT. These tools allow agents to autonomously hunt yields and execute strategies on Pendle's platform. This development simplifies DeFi yield management through prompts and positions Pendle for agent-driven capital inflows.
• Pendle retired its vePENDLE model requiring long lockups and rolled out liquid sPENDLE staking to boost liquidity and shorten withdrawals. The change addresses rigid governance discouraging engagement. It supports Pendle's scaling with rising TVL and yield trading activity.
• Pendle offers deep liquidity for large swaps up to $100M and fixed APYs like 13.35% on PT-apxUSD. These features attract institutional capital to its $2B TVL platform. Amid ecosystem growth, including AI tools and UI enhancements for yield visibility.