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Pendle has released its 2025 Annual Review Summary, with an average TVL of $5.8 billion for the year, representing a 79% increase from the previous year.

2025.12.05 19:59:29

December 5th, official sources confirm Pendle has released its 2025 Year in Review summary: - **Average Total Value Locked (TVL):** $5.8 billion in 2025, peaking at $13.4 billion (79% year-over-year increase) - **Total Trading Volume:** $47.8 billion (36.5% YoY rise) - **User Growth:** +155,553 users (48% jump from 2024) - **Investment Breakdown:** 85% stablecoins, 3% Bitcoin, 5% Ethereum, 7% other assets - **Fixed Income Facilitation:** $58 billion (161% YoY surge) In 2025, Pendle launched its new product Boros. Within four months, Boros hit $5.5 billion in trading volume and $80 million in open interest (0.04% of total market size). With the $200 billion investment market in focus, Boros has significant growth potential.
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