Pendle is driving more institutional liquidity on chain through revenue tokenization, with its TVL increasing from $230 million to $4.4 billion between 2023-2024, mainly driven by rising demand for re pledging. Pendle enables users to independently trade, hedge, or lock in future earnings by splitting the Principal Token (PT) and the Yield Token (YT). Pendle plans to expand into non EVM ecosystems such as Solana and TON in the coming months, and launch products that comply with TradFi regulations. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39469