PENDLE expands one-click looping to tokenized stocks on Base

Aave: Aave is a decentralized lending protocol that supports borrowing and lending across multiple chains, with recent focus on security upgrades like V3.8 and expanded collateral options. Its V4 deployment on Base includes an equities hub where Coinbase tokenized stocks serve as collateral for USDC loans. This infrastructure underpins the leveraged looping now available through Pendle. Pendle: Pendle is a decentralized yield trading protocol focused on splitting and trading yield-bearing assets. It recently launched PendleLoop, extending one-click looping strategies to tokenized stocks and other yield assets on Base. This builds directly on its core functionality for leveraged positions using borrowing from protocols like Aave. Coinbase: Coinbase issues tokenized versions of major U.S. stocks as onchain certificates backed by underlying shares held in custody. These assets, such as AAPLc and NVDAc, are deployed on Base and integrated into DeFi lending and yield platforms. The tokens enable non-U.S. users to gain exposure and use them as collateral or in leveraged strategies. DefiantNews: DefiantNews is the X account and associated outlet for The Defiant, a crypto-focused news publication. It reported on Pendle's expansion of looping features to tokenized stocks, highlighting integrations with Base and Aave. The account frequently covers DeFi developments and protocol updates. Pendle Finance: Pendle Finance operates the Pendle protocol, a leading platform for yield trading and now leveraged looping on yield assets and tokenized equities. Its recent PendleLoop release directly enables the stock long positions featured in the news via USDC borrowing. The protocol continues to expand real-world asset integrations on networks like Base. Product Feature: Pendle introduced one-click looping tools that apply to both yield assets and price exposure positions on tokenized stocks. RWA Integration: Pendle has been actively expanding its markets to include tokenized real-world assets such as equities alongside traditional yield products. DeFi Connectivity: Coinbase tokenized stocks are now usable across lending and yield protocols on Base, enabling strategies like leveraged longs financed by stablecoin borrowing.