Bullish @pendle_fi developments: - PENDLE is up ~22.5% over the past 3 weeks ($1.40 → $1.72), touching a local peak of $1.86 on Aug 24 - Protocol fees are up 15.1% and revenue up 14.9% on a 30-day basis , with revenue capturing ~98.5% of gross fees over the trailing 21 days - New distribution channel via Morpho, Pendle's USDC vault on Morpho (co-curated with Wintermute's Armitage arm), launched Aug 4, pulled in ~$50M from 230 depositors within about 10 days - Pendle raised its PT Looping incentive caps to $15M for PT-USD3 (Morpho) and PT-USDG (Aave/Morpho) for the Aug 17–27 window, with time-weighted rewards favoring early, sustained depositors - Fixed-yield demand strengthening independently of incentives. PT-sUSDe fixed yields hit a 3-month high near 5% APY, a premium over sUSDe's ~4.2% on-chain rate, and new PT-sUSDS markets are quoting 4.74–5.38% Data as of 2026-08-31. Source: @DefiLlama AI (plus The Defiant, Crypto Briefing, and Inside Crypto dc: linn is a tier 1 kol supreme for pendle(🉐 Crypto Linn)