Pendle is a protocol that enables trading and hedging of future yield on an AMM system. Yield hedgers can lock in future yield and receive upfront capital, while yield bulls can obtain direct exposure to yield streams in a more capital-efficient manner.
Pendle is a protocol that enables trading and hedging of future yield on an AMM system. Yield hedgers can lock in future yield and receive upfront capital, while yield bulls can obtain direct exposure to yield streams in a more capital-efficient manner.
