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Pendle Finance — independent third-party profile of a public API surface, by API Evangelist. Pendle Finance is a decentralized yield-trading protocol that tokenizes future yield by stripping yield-bearing assets into Principal Tokens (PT) and Yield Tokens (YT) wrapped in a Standardized Yield (SY) layer.
Pendle — independent third-party profile of a public API surface, by API Evangelist. Pendle is a permissionless yield tokenization protocol that splits yield-bearing assets into Principal Tokens (PT) and Yield Tokens (YT), enabling fixed-yield strategies and yield trading on-chain.