Pendle TVL increased to $44 billion, plans to expand non-EVM ecosystem and launch TradFi Compliance products

Pendle drives more institutional Liquidity on-chain through yield tokenization, with its TVL increasing from $230 million to $4.4 billion between 2023-2024, mainly driven by the rising demand for stake. Pendle splits the principal Token (PT) and the yield Token (YT), allowing users to trade, hedge, or lock in future earnings independently. In the coming months, Pendle plans to expand to non-EVM ecosystems such as Solana, TON, and introduce products compliant with TradFi regulations.