Pendle Weekly Overview: Pendle has launched Sonic, and external protocols will deploy the Pendle market through Community Launch on their own.

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Source: Pendle

This Week Alpha: Community Launch

According to official information, Pendle announced the launch of Community Launch - From this week, external protocols can deploy their own Pendle markets. After the final (non-contract) inspection by the Pendle team, they will be whitelisted on the UI, taking a further step towards full permissionlessness. At the same time, Pendle will also launch the dedicated UI for Pendle Prime, showcasing assets with deeper liquidity that have been audited by the Pendle team and external parties.

Last week review:

Pendle TVL reaches a record high of 208,000 ETH, calculated in ETH.

lvlUSD is online Pendle, holding lvlUSD YT and LP tokens in the wallet can get 40x XP and Symbiotic points. Holding slvlUSD YT and LP tokens in the wallet can get 20 times XP.

PENDLE Current Hotspots:

Pendle has launched Sonic, introducing pools like wstkscUSD and wstkscETH (expiring on May 29, 2025), with fixed APY up to 18% and LP APY up to 24.98%. These pools offer up to 12x implicit leverage.

Top PT APY (at the time of writing):

Stablecoin: wstkscUSD 29-MAY [SONIC] @ 18.17% APY

ETH: wstkscETH 29-MAY [SONIC] @ 10.89% APY

BTC: SolvBTC.Bera 10-APR @ 11.8% APY

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