Pendle

24h change: +16.26%. From $1.10 to $1.28.

• Pendle introduced sPENDLE, a new liquid staking version of its native token to improve liquidity and revenue sharing. The upgrade replaces multi-year locks with a more flexible model as the platform scales yield trading. This supports Pendle's growth in DeFi with high TVL and fees.
• Pendle updated its Model Context Protocol server, enabling AI agents from Claude and ChatGPT to interact directly with the platform. This enhances accessibility and integration for yield trading. The change supports broader adoption in DeFi ecosystems.

24h change: +5.07%. From $1.04 to $1.10.

• Pendle overhauled its token economics by introducing sPENDLE, a liquid staking token that eliminates multi-year lockups. The new model uses revenue-driven rewards to boost participation on the yield trading platform. This positions Pendle for growth as DeFi yield markets expand.
• Pendle announced plans to build a tokenized finance hub in Vietnam alongside Wall Street firms. The initiative supports Vietnam's goal to become an international financial center. CEO TN Lee joined delegations to advance tokenized assets in the region.

24h change: -3.00%. From $1.09 to $1.05.

• Pendle introduced fixed yield markets for Saturn's USDat and sUSDat backed by tokenized credit STRC maturing August 2026, and Strata's srmHYPER and jrmHYPER in July 2026. These pools enable users to fix rates and earn points boosts on Pendle. The additions strengthen Pendle's position in RWA yield trading amid high protocol TVL.
• Grayscale narrowed its Q2 2026 assets list but kept PENDLE in the Financials category after dropping consumer projects. This reflects institutional recognition of Pendle's fixed yield infrastructure. Potential inclusion could boost liquidity and adoption.
• Boros reopened WTIOIL and BRENTOIL markets with 0.4x max leverage and LO incentives up to 1000% APR. Weekend oil longs saw high rewards from negative funding flips. This expands Pendle's rates trading capabilities.

24h change: +2.65%. From $1.06 to $1.09.

• Grayscale Investments added PENDLE to its Q2 2026 list of digital assets under review for potential investment products. This update highlights growing institutional interest in DeFi yield protocols. The list spans multiple crypto sectors and was trimmed from 36 to 30 assets.
• Pendle retired its vePENDLE multi-year lockups and introduced sPENDLE, a liquid staking token with protocol buybacks and a 14-day withdrawal period. This upgrade aims to improve token utility and reduce long-term locking requirements. The platform maintains over $3 billion in locked tokens.
• Pendle's total value locked fell 45% in a week to $3.5 billion as key yield markets mature. Revenue has also declined from peaks amid weaker DeFi conditions. The protocol remains a leader with $1.75 billion TVL across multiple chains.

24h change: -1.86%. From $1.08 to $1.06.

• Grayscale Investments released its Q2 2026 assets under consideration, trimming the list to 30 while retaining PENDLE in the Financials category alongside DeFi leaders. This move highlights institutional acknowledgment of Pendle's role in fixed yield trading and onchain financial infrastructure. The protocol's TVL exceeds $1.7 billion, supporting its position.
• Pendle overhauled its tokenomics by launching sPENDLE, replacing vePENDLE's multi-year locks with liquid staking and revenue-driven rewards. This aims to boost liquidity and align incentives with protocol revenue. The change supports Pendle's scaling as a leading yield trading platform.