Pendle is the ultimate yield market in DeFi – fixed yields, leveraged yield + points trading, and funding rate swaps (via Boros).
The objective of The Pendle Print is to distill the developments in DeFi yield markets into a succinct and actionable format.
You can now vibe trade on Pendle.
MCP Server, Skills, AI readable docs…
Your AI agent is now the best yield trader at your disposal:
Pendle is now 100% ready for AI agents!
Introducing Pendle Skills and MCP
✅ Ready to be plugged into , and more
✅ Hunt yields and execute autonomously with agents
DeFi’s best yields are now just a prompt away
3:00 AM · Mar 27, 2026 · 94.7K Views
46 Replies · 77 Reposts · 669 Likes
While you were sleeping in and having avocado toast for brunch, our dear Leader met with Vietnam’s Deputy Prime Minister alongside all the financial giants to discuss the country’s financial future:
Last week, met with Vietnam's Deputy Prime Minister in New York, alongside Deutsche Bank, Morgan Stanley, BlackRock, Franklin Templeton, and Anchorage Digital, to make the case for Vietnam's International Financial Center.
Among a delegation of global financial
6:43 AM · Mar 29, 2026 · 50.5K Views
32 Replies · 39 Reposts · 360 Likes
Another new all-time-high for Boros:
We hit a new ATH of $338.5m Daily Notional Trading Volume this week!
Full send
5:44 PM · Mar 27, 2026 · 7.01K Views
9 Replies · 18 Reposts · 84 Likes
The Pilot for LO Incentives has been a smashing success. Full roll out soon but first, some changes that you might want to take note of (especially those trying to game the system 🫵🏻👁️):
17 pilot markets.
5x growth in tradable depth.
92% cheaper than LP incentives.
100% APR for Limit Order (LO) creators.
The new LO incentive program has transformed the way farmers and traders can interact with Pendle.
Some quick UX changes before our full roll-out👇
1:04 PM · Mar 25, 2026 · 7.66K Views
11 Replies · 11 Reposts · 97 Likes
Your PT usage shouldn’t be constrained by the chain it’s on.
One of our goals in 2026 is to make PTs chain agnostic, allowing anyone to access PTs from anywhere, whether it’s Ethereum, or Hyperliquid, or even
The best yield on any given day could be on Ethereum. Or Solana. Or Plasma.
For most people, that's where the story ends. Not because the yield wasn't worth it, but because the path to get there was just too broken to justify.
Cross-Chain PT is the answer to that 👇🏻
Pendle has one obsession in 2026:
Making you and your yield stupidly powerful.
Our goal is turning Pendle into the no-brainer destination for anyone looking for the best yields.
Some highlights from the big, scary mindmap straight from the sweaty depths of Pendle's backoffice
7:00 AM · Mar 30, 2026 · 231 Views
1 Reply · 1 Like
Strata and return to Pendle with their blockbuster pools by popular demand.
New maturities, right on time for folks looking to rollover from the 2 Apr pools:
🔹srUSDe (25 Jun 2026)
🔹jrUSDe (25 Jun 2026)
Same deal as before - exclusive points 💙
12:55 PM · Mar 24, 2026 · 6.97K Views
11 Replies · 6 Reposts · 68 Likes
The best fixed yields you can get with institutional size:
Pendle currently offers the highest fixed yields in DeFi, with liquidity deep enough to absorb $100M in a single swap, something you'd typically only expect from a centralized exchange.
These are the Effective Fixed APYs you lock in today, after price impact and fees, at
7:01 AM · Mar 27, 2026 · 11.2K Views
14 Replies · 13 Reposts · 136 Likes
“DeFi isn’t worth it anymore.”
Only because you haven’t been looking in the right places. Stop cowboying into high risk slops and start looking into Prime assets:
There's a growing sentiment that DeFi yields aren't worth the risk anymore. The safe options underperform T-bills, and anything paying more tends to come attached with hard to stomach risks.
Pendle Prime PTs are offering 5–7%+ fixed APY on battle-tested assets,
rate locked at
6:51 AM · Mar 25, 2026 · 12.4K Views
37 Replies · 15 Reposts · 195 Likes
PT-USDG → 32.78% Fixed APY 👀
Pendle Intern @PendleIntern
Hol' up
You're telling me I can:
1⃣ Ape PT-USDG and earn 5.21% fixed APY
2⃣ Borrow USDC against my PT-USDG and pay 3.53% fixed APY
3⃣ Loop this up to 16.67x to earn up to 32.78% fixed APY
In THIS economy?
Fixed-rate lending is live on Ethereum.
Fira is deployed. First maturity set. Market-discovered rates. Zero-coupon bonds onchain.
The fixed credit layer starts now.
4:09 PM · Mar 25, 2026 · 14.9K Views
5 Replies · 6 Reposts · 78 Likes
Very soon, you’ll be able to collateralize and loop PT-USDG:
20+% APY for PT-USDG
Loading █████▒▒
12:58 AM · Mar 26, 2026 · 28.1K Views
19 Replies · 18 Reposts · 195 Likes
S1E03 kicks off for Strata:
New srUSDe and jrUSDe markets live on with extended maturities to kick off Season 1: Epoch 3
• PT/YT-srUSDe-June 25
• PT/YT-jrUSDe-June 25
Existing users can rollover to continue earning protected or amplified yield along with boosted Strata and Points!
12:59 PM · Mar 24, 2026 · 5.81K Views
12 Replies · 5 Reposts · 43 Likes
56% APY on PT-srUSDe now live on Twyne - powered by Pendle + Aave:
The DeFi dream is dead (?)
3:54 PM · Mar 25, 2026 · 29.3K Views
24 Replies · 15 Reposts · 183 Likes
Pendle PTs accessed from the comforts of your OneKey app:
Pendle PT is now live on OneKey DeFi!
→ Open the OneKey App
→ Go to DeFi
→ Search for any Pendle PT asset you want
On-chain fixed yields, made refreshingly simple.
8:50 AM · Mar 26, 2026 · 8.36K Views
3 Replies · 6 Reposts · 26 Likes
Fixed rate lending + Fixed rate borrowing = Fixed rate on steroids 💊
Fixed-rate lending is live on Ethereum.
Fira is deployed. First maturity set. Market-discovered rates. Zero-coupon bonds onchain.
The fixed credit layer starts now.
2:59 PM · Mar 25, 2026 · 20.3K Views
10 Replies · 19 Reposts · 75 Likes
New pools on Boros, including commodities, crypto and our very first equities market - S&P500!
America: Late-stage empire collapsing from Orange Man antics, or still the world's superpower?
Now you can put a number on it...
Introducing our first equities funding rate markets - S&P500 🚀
2:29 AM · Mar 25, 2026 · 14.6K Views
1 Reply · 6 Reposts · 40 Likes
If you’re so good at trading, why haven’t you traded funding rates on Boros yet?
From 1.1k% APR payouts to 5x trades over a weekend…
Our new $HYPE, $XAU and $XAG maturities are a good place to start.
3:51 AM · Mar 26, 2026 · 2.26K Views
5 Replies · 6 Reposts · 31 Likes
Buddy, no one should be paying 1,100% APR in funding just to keep your long position open, not with Boros available:
Pendle Intern @PendleIntern
P.S. if you're longing $XAU/$XAG on Binance or HL here, intern begs you... please, long the same market on Boros.
Remember: long XAU/XAG + long YU = hedged funding rates.
If rates keep going higher (they spiked at 1.1k APR prev), longing YUs with your gold/silver longs could
$XAU and $XAG have taken a hit today, with both down over -6% today...
But retail is longing the dip, pushing Underlying APRs on our XAU/XAG markets from 127% to 180% APR!
Remember: you can speculate on funding rates on Boros by longing when Underlying > Implied APR. https://t.co/u73JV3uV3t
8:06 AM · Mar 23, 2026 · 2.57K Views
1 Reply · 3 Reposts · 22 Likes
“A free long, if you can sustain the position”
The smashing success of LO Incentives:
Pendle Intern @PendleIntern
Intern has been doing a lil' vibecoding to observe the effectiveness of LO incentives
And the results are ASTOUNDING:
🌊 +300% orderbook depth (+600% peak)
🎯 46% → 91% active liquidity
💪 Unparalleled IY resilience
While spending <10% of AMM incentives!
👇
2:43 PM · Mar 23, 2026 · 3.82K Views
4 Replies · 4 Reposts · 35 Likes
“Six years from a research problem to $13B peak TVL, on $3.7M raised. Every comparable protocol in DeFi raised 10 to 50 times more. The growth came from BD work, protocol integrations, and showing up in each new narrative with the right infrastructure already built.
When TN says job’s not done, look at what’s left on the table”
When you start looking at numbers at this scale, you realize the system is designed for serious capital, not just yield farmers moving small amounts:
Edrin Valecrest @EdrinValecrest
One thing people often miss about is how deep the liquidity actually runs.
These fixed yields are being quoted at institutional trade sizes, not small retail swaps. For example:
📍 PT-apxUSD ~13.35% fixed on a $5M swap.
📍 PT-apyUSD ~11.15% on $4.5M.
📍 PT-reUSD
6:58 AM · Mar 28, 2026 · 16.8K Views
61 Replies · 35 Reposts · 111 Likes
The best RWA Fixed APYs on Pendle:
Edrin Valecrest @EdrinValecrest
Was going through the RWA markets on earlier and one thing stood out to me.
Some of the fixed yields being locked at entry are actually pretty high right now.
The top one, AVLT, is sitting around 17.93%, with others like reUSDe and apyUSD around 14–13%.
What I like
5:56 AM · Mar 24, 2026 · 11.6K Views
47 Replies · 20 Reposts · 80 Likes
Your chance to secure generational Fixed Yield starts now:
If you're checking PT yield and see markets you want to farm on
better to farm them before it's too late.
These rates are held in this range by YT farmers placing Limit Orders (LO) to collect rewards.
But how long will they hold within this range? Not very long imo.
10:50 AM · Mar 25, 2026 · 7.14K Views
18 Replies · 13 Reposts · 104 Likes
CLARITY Act will be good for Pendle - genuine activity based DeFi participation for yield generation:
Ryan De Souza @_ryandesouza
USDG on offers a glimpse of how DeFi may handle part of stablecoin distribution.
Under the latest CLARITY Act amendments, the key distinction looks increasingly clear: passive rewards for simply holding a payment stablecoin face tighter limits, especially through
TN explains institutional adoption across the Pendle suite: billions in V2 volume and 100–200 BTC positions on Boros for funding rate hedging.
3:48 AM · Mar 25, 2026 · 4.45K Views
1 Reply · 4 Reposts · 25 Likes
The genius of LO Incentives explained:
Pendle Scales Liquidity with LO Incentives
Not by throwing more incentives, but by redesigning the flow between retail and institutional capital
LO incentives create a simple mini-game:
- Retail places limit orders on YT to farm incentives
- YT order books get
Pendle liquidity just 5x'd over night.
For traders, this means the best pricing efficiency on all your leveraged or fixed yield needs.
For farmers, this means upwards of 100% APR on resting limit orders.
Let's take a look at the magic behind Limit Order Incentive 👇
7:00 AM · Mar 25, 2026 · 6.43K Views
20 Replies · 13 Reposts · 91 Likes
Pendle as DeFi’s new economy standard:
And last but certainly not least…Pendle has an official Anthem now:
🉐 Crypto Linn @crypto_linn
[BREAKING] Official Pendle Anthem “Job’s not done” Released:
12:46 PM · Mar 25, 2026 · 10.2K Views
13 Replies · 4 Reposts · 68 Likes
That’s it for this issue.
Attention and capital is scarce in this market – and for that we thank you for your continuous support.
pendle.finance | Twitter | Discord
Pendle is the largest rate swap protocol for fixed yields and yield trading in DeFi. Pendle’s adoption as a DeFi primitive has been growing across protocols and institutions to generate more yield, secure fixed yields and directionally trade yield on yield-bearing DeFi assets.
Disclaimer: Nothing written in this post is intended to serve as financial advice. All content in this post serves merely for informational purposes.
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