Pendle(@pendle_fi):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)

Pendle

@pendle_fi

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Pendle@pendle_fi

2026.05.18 10:00

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)