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Pendle Weekly: 5-Year Anniversary Recap and Monad Launch, Ecosystem Yield Farming, and Protocol Revenue Continues Expansion

2026.06.22 18:03:43

June 22nd. Pendle shared its weekly recap, highlighting key developments around the protocol’s 5th anniversary, cross-chain expansion, yield product growth, and ongoing ecosystem collaborations: - Pendle marks its 5th anniversary, evolving from the early experimental V1 version to become the world’s largest yield trading platform. The team reflected on five years of growth and reaffirmed its commitment to expanding yield infrastructure capabilities moving forward. - Pendle has officially joined the Monad ecosystem, debuting its first two AUSD yield pools—Agora AUSD and Upshift earnAUSD—with up to $100,000 in weekly incentives, extending its footprint into new cross-chain liquidity markets. - Pendle Intern released 10 bullish catalysts for the protocol, including growing institutional adoption (such as inclusion in multiple institutional watchlists), ongoing Real-World Asset (RWA) growth, Monad ecosystem expansion, the projected impact of the CLARITY Act on DeFi adoption, strengthened buyback mechanisms, an optimized deflationary model, and the AI agent financial infrastructure narrative. - Sky Money’s fixed income TVL has surpassed $51 million, with its fixed-income products built on Pendle delivering an approximate 5.15% APY, further scaling up adoption of income-generating assets. - Aave and Pendle are deepening their integration: Aave V3 has launched PT-sUSDe (Plasma chain); the launch proposal for PT-srUSDe is approved and pending execution; and work on PT-USDG for the Aave V4 ecosystem is underway. - On-chain data platform DeFiLlama shows Pendle ranks among the top protocols for 7-day protocol revenue growth, reflecting sustained rising demand for yield trading and fixed income products. - Boros rolled out a new limit order incentive mechanism: Liquidity providers will receive a 20% cut of taker fees, complementing its existing incentive system to boost order book depth, improve capital efficiency, and refine the liquidity structure of its funding rate market.
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