A decent project that has the potential to survive in a market where millions of coins have been wiped out, PENDLE 。 The current price of PENDLE is relatively stable despite the overall sharp decline in counterfeit stocks, and it is a great advantage among those who are short. I think PENDLE can indeed be considered DEFI's application innovation in the past few years. Satisfied market demand and achieved results. There is also potential to capture the dividends of DeFi and TradFi integration through differentiated revenue products in the future. A good token economy model with empowerment. This year's focus is on cross chain expansion and compliance promotion, as well as the opening of new products and business operations. To be specific: After more than a year of explosive growth, Pendle is undoubtedly the king of the revenue track, PENDLE has already taken half of the market, and TVL is several times higher than the second place. This is similar to the interest rate derivatives of traditional finance. The scale of the traditional market is $500 trillion, and even if it penetrates 0.1%, it is in the billions of dollars level. However, there are not many legitimate interest rate tools in the crypto circle, and this product is equivalent to occupying a toll booth in advance. The prospects are very broad. 2. The clarification of the regulatory framework for encrypted assets in the United States may lead to the introduction of a stablecoin bill in August, clearing the way for Pendle to take over traditional capital. The development of RWA and stablecoin tracks may provide PENDLE with momentum for growth. Institutional level fixed income products will bring more TVLs and users. The token design of VE provides sufficient empowerment to the token. PENDLE has passed the lock up period and high inflation period. The current inflation rate is only 2%, which is basically completely unlocked. The selling pressure mainly comes from the daily liquidity mining incentive of about 34100 coins. Transaction fees are the main source of agreement revenue that directly empowers vePENDLE holders, forming a positive cycle. 4. The Three Flames of 2025 PENDLE: Multi Chain+Institutions+Perpetual Hedging Multi chain expansion: We are about to enter non EVM chains such as Solana and TON, especially with the explosive demand for LST on Solana. PENDLE has directly harvested new leeks in the past Institutional compliance portal: Just hooked up with traditional asset management giant Fasanara to develop KYC version products for institutional use. Perpetual contract hedging: The newly launched Boros can play fund rate arbitrage, and now on chain hedging tools are scarce, which particularly attracts professional traders and miners. You can buy some spot goods and stock them up. If you are a mature DEFI expert on the chain, you can also use them to lock your position on the chain and exchange them for VE tokens to earn interest. This requires locking your position. More faith and DEFI knowledge are needed. You can also earn profits by trading on the grid and grinding back and forth through the current volatile market conditions. If you don't know how to operate the grid yet, or don't want to use your brain for the time being, you can easily copy the grid strategy on DeGate with just one click. The third place on DeGate's Grid Square APY list is PENDLE's strategy. The initial capital is around 2100U, and it will take 12 days (although there are still about 4 days when it is out of the grid, estimated to have been running for 8 days). The price of Pendle now is not much different from 12 days ago, except for the floating profit and loss. This person earned 268U in 12 days. https://app. (degate.com)? s=Leishen