Pendle expands DeFi offerings to Plasma with 5 yield markets
Pendle Finance is integrating with Plasma’s digital bank to bring its DeFi yield products to global users, including the unbanked, unlocking new opportunities for earning on stablecoins.
- Five yield markets will launch on Plasma, with APYs ranging from 12.67% (USDe) to 649% (sUSDai).
- $900,000 in weekly XPL token incentives will support Yield Token holders and liquidity providers.
Pendle Finance ( PENDLE ) has announced its integration with Plasma Foundation’s digital bank, giving global users direct access to its DeFi yield products. At launch, five yield markets will go live on Plasma, with start dates and indicative APYs as follows:
- sUSDe Pool – Launching 15 Jan 2026 | 25.9% APY | $8.74M liquidity
- USDe Pool – Launching 15 Jan 2026 | 12.67% APY | $14.34M liquidity
- syrupUSDT Pool – Launching 29 Jan 2026 | 190% APY | $163K liquidity
- USDai Pool – Launching 19 Mar 2026 | 36.72% APY | $6.47M liquidity
- sUSDai Pool – Launching 19 Mar 2026 | 649% APY | $64.8K liquidity
In addition, Pendle confirmed that $900,000 worth of XPL tokens will be distributed each week as incentives across Plasma’s markets. These rewards are expected to lift yields for Yield Token (YT) holders — who speculate on variable returns — and liquidity providers (LPs) — who earn fees by supplying capital to the markets — while Principal Token (PT) investors gain the chance to secure higher fixed rates.
The announcement follows Plasma’s mainnet beta earlier this month, which launched with over $2 billion in stablecoin liquidity and over 100 integrations. Plasma positioned itself as a stablecoin-native Layer 1 with sub-second finality and Bitcoin-secured DeFi. On day one, Ethena integrated its USDe and sUSDe stablecoins across Aave, Curve, Balancer, and Fluid, establishing them as core dollar assets.
Now, Pendle joins the network, building on this foundation to expand their adoption through its fixed- and variable-yield products. USDe is particularly noteworthy, having reached a circulating supply of over $13 billion, highlighting the scale of liquidity that both Plasma and Pendle can leverage for yield generation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SpaceX (SPCX.US) Starship reaches orbit for the first time, Wall Street unanimously bullish: Computing power leasing behind the scenes opens up valuation imagination
Wall Street's bullish outlook is not based on Starship, but on "computing power surpassing Starlink": SpaceX's computing power business is expected to overtake Starlink as early as the first quarter of 2027.
Bitmine Immersion stock slides 2.61% to $26.84 as daily uptrend stays intact
US-Iran Talks Affect Market, Nasdaq Futures Turn Higher, US Treasury Yields Fluctuate at High Levels, Gold and Oil Both Rise
The MSCI Global Index fell by 0.2%, hitting a new low since September 18. Nasdaq futures turned positive after previously dropping 0.5%. The yield on 10-year US Treasury bonds rose by 1 basis point to 5.25% after reaching its highest level since 2007 on Monday. Brent crude rose 1.2% to $99; spot gold gained 0.7% to $4,145 per ounce.
Crypto prices
More
