Liberating Yield
Unlock the full potential of your digital assets. Pendle Finance empowers you to maximize yield and manage risk with innovative DeFi solutions.
Frequently Asked Questions
What is Pendle Finance?
Pendle Finance is a DeFi protocol that allows users to tokenize and trade future yield. This means you can separate the principal of an asset from its future yield, enabling new strategies for yield optimization and risk management.
How does yield tokenization work?
Yield tokenization involves splitting a yield-bearing asset into two components: Principal Tokens (PT) and Yield Tokens (YT). PT represents the underlying asset itself, while YT represents the future yield generated by that asset over a specific period. Both can be traded independently.
What are the benefits of using Pendle?
Pendle offers several benefits, including the ability to fix your future yield, speculate on yield rates without holding the underlying asset, and provide liquidity to earn trading fees. It opens up new possibilities for managing and maximizing your DeFi returns.
Is Pendle Finance audited and secure?
Security is a top priority for Pendle Finance. The protocol undergoes regular audits by reputable third-party firms to ensure the safety of user funds. You can find links to our audit reports in the "Resources" section of the footer.
Which blockchains does Pendle support?
Pendle Finance is designed to be multi-chain and currently supports several popular blockchains. Please refer to our official documentation for the most up-to-date list of supported networks and assets.