Pendle revolutionizes DeFi: $69.8 billion in returns secured!

Pendle revolutionizes DeFi: $69.8 billion in returns secured!

The Pendle platform is once again setting the standard for tokenized returns in the decentralized finance (DeFi) sector. On October 21, 2025, Pendle announced that it had transacted an impressive $69.8 billion in fixed income. Pendle thereby consolidates its position as the leading protocol for decentralized solutions in the area of ​​fixed income and increasingly promotes the integration of traditional financial markets into the world of digital assets.

The global fixed income market is expected to grow to $198.58 trillion by 2030, after reaching $145.26 trillion in 2024. The market is growing at an annual growth rate of 5.3%. This enormous potential shows the urgency and need for innovative solutions like Pendle's to alleviate frustrations around transparency and accessibility in the sector

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Technological advancements in DeFi

Pendle has enabled over $6 billion in Total Value Locked (TVL) and is working on integrating USDe yield markets in collaboration with Ethereum. These measures provide tokenized access to fixed income and demonstrate Pendle's ambitions to improve efficiency and transparency in the fixed income market.

In an industry often hampered by a lack of transparency and dependencies on intermediaries, Pendle is bringing an innovative model to market. This is done by splitting yield-producing assets into Principal Tokens (PT) and Yield Tokens (YT), which can be traded in a decentralized environment. Pendle not only facilitates trading, but also the implementation of continuous liquidity and global accessibility.

Market and competition analysis

The non-budgetary debt market surpassed $150 trillion in the first quarter of 2025, and major players in the fixed income industry include JPMorgan Chase, Goldman Sachs, BlackRock, Fidelity Investments and The Vanguard Group. Pendle's approach to tokenizing fixed income products could be an answer to market challenges and could provide investors with unparalleled opportunities.

Pendle's stablecoin-based fixed yields reach up to around 20%, compared to around 12% for high-risk CCC-rated corporate bonds. Pendle's impressive growth rate and yield execution demonstrate the stability and fixed income potential of its infrastructure.

New products and offers

Additionally, Pendle announced the launch of Boros, a product for trading funding rates from exchanges in the DeFi space. The platform has now grown into the largest crypto yield trading platform, supporting real-world assets as well as a variety of DeFi native opportunities. By bridging traditional and digital finance, Pendle could be the key to unlocking the $140 trillion fixed income market.

Further information about Pendle's developments and their impact on the market can be found on the website Daily Hodl be read.