Pendle (PENDLE)

one of the most relentless founders i’ve ever met is @tn_pendle of @pendle_fi

most don’t know because it isn’t performative or driven by hype or status:
- pendle sees incredible success -> jobs not done
- consistently foresaw next major narratives and positioned pendle accordingly
- approaches any issues calmly and simply as a challenge
- doesn’t waste money on flashy parties
- very high focus on security and core team quality
- long term thinking and ambition that is backed up by huge work ethic

never bet against relentless founders

pendle

I also like HYPE, SKY and MORPHO but nowhere near current prices.

The latest DeFi developments👇

CFTC legalized perps in the US

@SkyMoney and @pendle_fi partnered to launch a fixed-rate sUSDS product

@Morpho released the whitepaper for Morph

Morpho Midnight - a new dApp for fixed rate, fixed term credit markets

@ethena partnered with Coinbase to launch a new savings product

@JupiterExchange introduced Jupiter Forecast - Solana's first fully native prediction markets

Tom Lee’s Bitmine announced plans to create a STRC-style product in order to raise money and buy more ETH

@arbitrum Foundation published a proposal asking Arbitrum DAO for ~$43.5M to fund another year of operations

Grayscale launched its Hyperliquid Staking ETF

@NEARProtocol Intents surpassed $20B in all-time cross-chain volume

@Lighter_xyz founder announced they are working on an options product

@ExponentFinance V2, a new interest rate trading platform on Solana, went live

@zodial_xyz, the first portfolio-margin lending protocol in DeFi, went live on Solana

@opensea announced its own perps DEX powered by