Pendle (PENDLE): Unlocking the Full Potential of the Yield Market

Crypto yield trading can be highly lucrative, but the actual return that an investor may realize is uncertain. This is because future yields cannot be accurately projected, due to fluctuations in the yield markets caused by numerous factors in the crypto sphere. Various yield protocols enable investors to gain from a future yield, but there are flaws with many of these established protocols that can minimize gains substantially. 

Pendle takes an improved approach to yield trading to optimize the investor’s return.

Key Takeaways:

• Pendle is a tokenized yield protocol that allows investors access to an asset’s future yield. It’s known for its time-decaying automated market maker feature and other yield components.
• When a user deposits assets in Pendle, the underlying asset is represented through a principal token while the anticipated yield is represented through a yield token. 
• Users can trade principal tokens and yield tokens on Pendle’s AMM, and cash them in before the expiration date to secure gains. 
• Looking to trade PENDLE? Bybit now offers the PENDLE/USDT Spot trading pair and PENDLEUSDT Perpetual Contracts.

What Is Pendle?