Pendle Finance yield markets launch on OKX's X Layer
OKX CEO Star Xu highlighted Pendle Finance's yield markets launching on X Layer, enabling fixed yield locking via Principal Tokens, yield trading, and liquidity provision. Pendle has over a billion dollars of Principal Tokens outstanding, roughly 42% used as collateral and looped.
Detected & updated continuously · Source: Nebula
Sources
@Blockcastcc
OKX CEO @star_okx highlights Pendle Finance's yield markets launching on X Layer, enabling fixed yield locking via Principal Tokens, yield trading, and liquidity provision. The announcement stresses that onchain money requires full DeFi markets for trading, lending, borrowing,
@crypto_linn
Pendle PTs: DeFi's APY King There's just over a billion dollars of Principal Tokens outstanding on @pendle_fi right now, and roughly 42% of it has already been used as collateral and looped. Why? Because PTs are capital efficient fixed yield assets in DeFi and enhancing the https://t.co/fSg08SOwil