Pendle just broke its TVL ATH once again, now sitting at $7.06B. Even after $1.5B in maturities last week, including $1.3B from Ethena positions, Pendle is stronger than ever. This week’s @pendle_fi update includes new pools, better incentives, and hot markets, with top yield picks from @Infinit_Labs. 1/ New Pools Launching - Ethena sUSDe [HYPE] → 25-SEP - Hyperwave hwHLP [HYPE] → 25-SEP - Felix hlUSD [HYPE] → 30-OCT - Morpho pUSDC [ETH] → 18-DEC 2/ New Community Pools - 246Club re-AUSDC [SONIC] → 18-DEC - Aarna atvUSDC [ETH] → 06-NOV - LoopFi slpUSD [ETH] → 25-SEP - StabilityFarm wmetaUSD [SONIC] → 18-DEC - Mainstreet smsUSD [SONIC] → 30-OCT 3/ TVL All-Time High Despite $1.5B in maturities, Pendle hit a new ATH. 87% of matured TVL came from Ethena, yet most of it stuck around. - TVL drawdown: only -2.8% for one day - vePENDLE fees up 80% MoM to $2.85M - Pendle now holds ~48% of Ethena’s total TVL The ecosystem is becoming more resilient. Each maturity event now strengthens the system. Pendle PTs are emerging as DeFi’s go-to yield primitive. 4/ Pendle is Live on HyperEVM - Launched with 3 @0xHyperBeat pools - Bonus: 1.5M Hearts distributed to liquidity providers - PT + LP collateral support coming soon This is just the beginning for Pendle on HyperEVM. 5/ Pendle V2 Incentives Restructured - Dynamic incentive cap: tied to swap fee performance - Caps rise fast with activity, decline slowly - Stops inefficient pools from draining rewards Key stats: - Bottom 5% of pools consumed ~50% of emissions - New model targets sustainability & fairness Fee updates: - Swap fee: reduced from 2% → ~1.3% - YT fee: remains unchanged at 5% (initially planned for 7%) 6/ PT Swaps Now Live on Aave You can now swap your Pendle PT collateral to new maturities directly in the Aave app via @VeloraDEX. 7/ The Pools Picked by @Infinit_Labs - sKAITO Pool [BASE] → 42.43% APY - sENA Pool [ETH] → 33.05% APY - hwHLP Pool [ETH] → 21.03% APY - USD (MIDAS mMEV) Pool [ETH] → 23.64% APY - USD (MIDAS mEDGE) Pool [ETH] → 24.7% APY - AIDaUSDT [ETH] → 18.92% APY - AIDaUSDC [ETH] → 15.49% APY 8/ Other Hot Pools Right Now Stables - sYUSD [04-SEP] [ETH] → 16.16% PT-APY ETH - yoETH [25-SEP] [BASE] → 5.38% LP-APY - yoETH [25-SEP] [BASE] → 7.25% PT-APY Trending - tUSDe [15-SEP] [ETH] → 13.31% PT-APY - USDe [15-SEP] [ETH] → 12.57% PT-APY Pendle hears the community and appreciates all the feedback. Pendle loves its community. That’s exactly why it’s thriving.