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Pendle Finance is a DeFi protocol that enables yield tokenization and trading of future crypto earnings.
Pendle Finance is a leading DeFi yield trading protocol built on blockchain technology that enables users to unlock the full potential of tokenized yield, fixed income crypto strategies, yield speculation, and DeFi interest rate markets. Pendle allows users to split yield-bearing assets into Principal Tokens (PT) and Yield Tokens (YT), helping users separate the original asset from the future earnings it generates. It builds tools that allow participation in both spot yield and margin-based yield trading.
Launch Date
Jan-2020
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