Pendle Finance is launching a two-week exclusive reward event called the "Plasma Parade."

On October 10th, Pendle Finance announced the launch of a two-week exclusive reward event named "Plasma Parade". It offers up to 600,000 XPL in limit order token rewards for Pendle users. Additionally, an extra 1.14 million XPL incentive is provided for holders of different Pendle Yield Tokens (YT) and Liquidity Positions (LP) on the Plasma launch markets, along with a special YT reward worth 60,000 XPL. The event began in early October 2025. Pendle's rapid growth on the Plasma chain has been driven by exclusive incentives and the addition of new assets, demonstrating Pendle's popularity and utility in the DeFi ecosystem. This event aims to boost liquidity and attract traders through layered rewards, with the potential to increase Pendle's Total Value Locked (TVL) from millions to trillions of dollars. By coordinating a coherent incentive mechanism, it seeks to shape Plasma's yield ecosystem.