BlockBeats News, April 30th, Pendle released a weekly report reviewing the project's latest developments. Pendle co-creator TN Lee stated in a post that Boros will break through the limits of Pendle V2, ushering in the next chapter to unlock the largest source of yield in the crypto space — funding rates. Boros is set to launch soon, and its funding rate trading system will be a significant part of reshaping DeFi yield strategies.
Crypto KOL Cheeezzyyyy announced on social media that the vePENDLE staking amount has just surpassed 40 million tokens, with the locked PENDLE quantity hitting a new all-time high of around 61 million tokens. Currently, this represents approximately 37% of the circulating supply (about $205 million), with an average staking duration of 1.31 years.
Aave has launched a new round of voting for Pendle PT, allowing users to participate in the voting process;
The crypto investment firm The Spartan Group is using Pendle PT to secure high fixed-income for stablecoins and major cryptocurrencies without the need for locking. Maintaining liquidity further amplifies this advantage, enabling funds to adjust and reallocate with market changes. The Spartan Group also monitors Pendle YT's trading activity and price trends, providing a valuation benchmark for pre-launch tokens based on data rather than pure speculation.
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