Pendle TVL Reaches $8.1 Billion, Establishing Itself as Institutional-Grade DeFi Fixed Income Infrastructure
BlockBeats News, September 1st, Pendle Intern announced that the total issuance of Pendle PT ecosystem has reached $8.1 billion, equivalent to the market cap of a mid-sized bond ETF (such as iShares TIPS Bond ETF). Of this, $5.8 billion has been used as collateral in the lending market, accounting for 7.8% of the total collateral on the largest DeFi lending platforms. The PT scale now rivals that of a small sovereign debt market, such as Panama or New Zealand.
PT is no longer an experimental product but a core infrastructure. On-chain, PT provides fixed terms, known interest rates, and transparent settlement, serving a similar role to traditional finance fixed income, and can be directly integrated into treasury strategies, fund mandates, and risk frameworks.
In this regard, Pendle is launching a licensed platform and collaborating with Converge, Ethena Labs, and potentially Aave Horizon to jointly build regulated channels, guiding the next wave of institutional capital into DeFi.
You may also like
Gainers
Latest Crypto News
Yesterday, the US SOL Spot ETF saw a net inflow of $5.3 million
Circle minted 1 billion USDC on the Solana network in the past 24 hours
A whale address bought 25.56 million ENA tokens in the past 4 days and still holds 5.78 million USDT to continue buying.
Crypto Fear & Greed Index Rises to 28, Exiting "Extreme Fear" Zone
A whale address has deposited 2 million U into HyperLiquid to leverage 5x long on SOL
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com