New V2 feature I'm most excited about is finally here soon: PT Looping. PT auto-looping on @pendle_fi app, simplifying a tedious manual process of supply, borrow, swap, repeat...into a matter of just seconds. Beta to launch quite soon.

Pendle Print #114# • Pendle now holds ~$440M TVL in STRC markets; ~2.45M STRC non-custodially • More users are holding Pendle positions than the underlying tokenized STRC assets - a deep dive into "The Pendle Effect" on STRC onchain • USDG crosses $200M TVL on Pendle • New pools: STRCx (Aug 2026), srRoyAPYUSD (Nov 2026), fxSAVE (Oct 2026) • Revised math and outlook for YT-SIERRA (Spoiler: it's better)

$STRC yield coin PTs deliver up to 6x higher Sharpe Ratio than leading hedge fund strategies, with superior returns up to 18.8% Fixed APY. Digital Credit PTs are engineered for risk-adjusted performance.

One weekend later, and the $USDG pool is now at $230M TVL on Pendle, with the $120M cap on @Aave filling to 100% alongside. This brings Pendle's RWA TVL up to $1.19B. $PENDLE 🫡

The $USDG pool on Pendle has crossed $200M TVL 🚀 For a pool that launched as part of Pendle's push into RWA, reaching this scale reflects sustained demand for fixed-rate exposure to regulated stablecoin yield. $PENDLE 🫡

How much funding have you paid? The @boros_fi team vibe coded something over the weekend. Paste any wallet address to see the damage. Starting with @HyperliquidX, with more coming soon. Check it out and let us know your thoughts!

SOL funding rates on @Lighter_xyz are dropping off a cliff after PPI sent crypto prices tumbling down! What happens if you short SOL funding rates on Boros now? If rates stay at current levels... It's a +281% ROI in just 15 days!

The onchain digital credit yield economy is expanding! $STRCx (Aug 2026) by @xstocksfi is now live. Fixed yield for tokenized $STRC, directional yield speculation, enhanced yield as a liquidity provider... all these are now available on Pendle.

Earlier today, 0xcd2 deployed ~$2M into @apyx_fi PT-apyUSD across 8 buys at an effective fixed yield of 18.94% APY. • Accumulated 2,034,423 PT-apyUSD in a single session • Now the 3rd largest individual PT-apyUSD holder • 18.94% Fixed APY for ~36 days • $34,676 profit at maturity (1.73% ROI) $STRC pays a floating monthly dividend of 11.5%, which in itself is already a compelling yield product. apyUSD takes that underlying yield and lets you fix it on Pendle, locking in a rate that currently sits even higher than the floating rate. The current implied APY is 19.3%, meaning you can enter today and outperform this whale's entry. Pool liquidity is also decently deep, capable of absorbing a ~$37M swap at 18.88% effective fixed yield. So yes, we can take your size (cc @saylor)

It’s becoming clear that @pendle_fi has a consistent habit of arriving at narratives before the market fully understands why they matter We saw it with LSDfi Then LRT points Then stablecoin yield markets Now, it’s happening again with RWA-backed yields around $STRC What’s becoming increasingly clear is that pendle is no longer just a yield marketplace riding narratives. It’s becoming the capital coordination layer for tokenized yield itself The recent @apyx_fi and @saturn_credit growth makes that hard to ignore Before Pendle integrations went live, Apyx was sitting around $13M tvl. Roughly two months later, it crossed $276M, with almost 70% of that liquidity now concentrated inside @pendle_fi pools Saturn tells an equally important story, but from a different angle Unlike Apyx, Saturn already had meaningful scale before integrating with Pendle. Yet despite that, liquidity naturally gravitated toward Pendle afterward, with over 80% of Saturn’s current tvl now sitting inside Pendle markets As tokenized treasuries and DAT-backed products continue to expand, the market eventually needs infrastructure that can separate, price, hedge, and trade future yield exposure efficiently That is exactly what @pendle_fi PT/YT markets solve The proposed CLARITY framework is a major example here If the current structure holds: > BTC and ETH fall under commodity treatment > Stablecoins get clearer operational buckets > Passive stablecoin interest becomes constrained > Activity-driven rewards remain acceptable it could unintentionally favor Pendle’s architecture over simpler stablecoin yield products Institutions entering onchain finance won’t just need exposure to tokenized assets They’ll need fixed yield venues, duration markets, and liquidity layers sophisticated enough to structure those positions efficiently @pendle_fi is already positioning itself there before most people realize the shift is happening And if protocols like Apyx and Saturn are early indicators, the market may already be choosing where tokenized yield liquidity wants to live

Pendle 🫱🏻‍🫲🏻 @saylor $PENDLE has been one of the biggest drivers for digital credit yield economy onchain, with ~$318M of $STRC linked TVL now. The protocol enables new strategies previously unavailable for $STRC both onchain and off, with a range of distinct risk profiles for various market views. Fixed yield for $STRC (up to 18% Fixed APY), directional yield speculation, and/or enhanced diversified yield as a liquidity provider. Yield infra for the global yield economy 🫡

Pendle has done this before. LSTs. LRT points. Stablecoins. Every time a new yield narrative took off, @pendle_fi was already there. RWA is next. The data is already coming in. Here is everything happening right now. 🧵

Oil perp prices on HL are dropping as the oracle rolls from CLM6 to CLN6 (~$4) later today. While most are shorting the perp (and shorting on @boros_fi to fix their funding payment), backdated research points to LONGING the funding rate as the stronger play, where an inefficient market creates the opportunity 👇🏻