Pendle Hits $51M TVL Milestone, Launches on Monad on Fifth Anniversary

PENDLE-1.23%
MON0.91%
SKY-0.23%
AAVE2.88%
XPL-5.73%

According to BlockBeats, on June 22, Pendle marked its fifth anniversary and officially launched on Monad, opening two AUSD yield pools (Agora AUSD and Upshift earnAUSD) with incentives of up to $100,000 per week.

Sky Money fixed income TVL surpassed $51 million, with Pendle-based fixed income products offering approximately 5.15% APY. Meanwhile, Aave V3 went live with PT-sUSDe on Plasma, PT-srUSDe proposal cleared approval, and PT-USDG is advancing within Aave V4, reflecting continued deepening of Pendle and Aave integration.

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