PENDLE V2 enables fixed yield earning and yield speculation

Pendle: Pendle is a permissionless decentralized yield-trading protocol that tokenizes and separates the future yield from yield-bearing assets for trading. Pendle V2 serves as the leading spot yield trading platform, allowing users to earn fixed yields via Principal Tokens or speculate on yields with Yield Tokens from popular DeFi protocols. The platform is deployed across multiple blockchain networks and includes features such as liquidity pools and cross-chain PT bridging. sPENDLE: sPENDLE is Pendle's liquid staking and governance token obtained by staking PENDLE at a 1:1 ratio. It enables active holders to receive a share of protocol fees distributed as PENDLE buybacks. The token supports governance participation within the Pendle ecosystem. Yield Mechanism: Pendle wraps yield-bearing tokens into Standardized Yield tokens and splits them into Principal Tokens for fixed yield at a discount and Yield Tokens for amplified yield exposure including rewards. Ecosystem Support: The protocol operates across numerous blockchain networks with expansion to additional chains via cross-chain functionality. Platform Features: Pendle V2 offers yield markets, liquidity provision, sPENDLE staking, educational resources on strategies, and cross-chain bridging of Principal Tokens for broader collateral and redemption options.