Is $PENDLE about to conquer the entirety of DeFi? The @pendle_fi platform is now clearly part of the New World Order of crypto and DeFi: While Aave and Lido still retain their top spots, new players are carving out their evergrowing size of the pie 👇 Pendle's first Billions in TVL were reached thanks to Ethena: The unique PT/YT splitting model of Pendle allowed users to trade on the hyped new model of Ethena's $USDe But once the model was working well, the ball started rolling and it became impossible to stop Pendle upgraded to its polished and refined V2, added many more chains and protocols, and it's now sitting above $8.5B in TVL, being the 7th biggest DeFi protocol Their addition of HyperEVM brought in more than $300M in the span of a handful of weeks (most chasing for Kinetiq's points/yield) The introduction of @boros_fi is probably going to skyrocket the TVL even further Nothing like it exists in the market (which btw is still struggling to replicate the main Pendle model) Thanks to it, traders will soon be able to trade all the perps' funding rates and possibly more $PENDLE should rightfully be valued multi-billions