{"id":62664,"date":"2025-12-09T17:16:51","date_gmt":"2025-12-09T17:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=62664"},"modified":"2025-12-09T17:16:51","modified_gmt":"2025-12-09T17:16:51","slug":"pendle-achieves-record-growth-for-2025-40m-annualized-revenue-and-strategic-expansion-to-funding-rates-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=62664","title":{"rendered":"Pendle achieves Record Growth for 2025, $40M Annualized Revenue, and Strategic Expansion to Funding Rates Markets"},"content":{"rendered":"<div>\n<p class=\"sc-FeKFz hYlDaj\"><strong>[PRESS RELEASE \u2013 Singapore, Singapore, December 9th, 2025]<\/strong><\/p>\n<p><a href=\"https:\/\/www.pendle.finance\/\" target=\"_blank\" rel=\"nofollow noopener\">Pendle<\/a>, the leading protocol for onchain yield and interest-rate markets, has released its 2025 performance results, reporting record growth across all major metrics and expanding its product suite with the launch of <strong>Boros<\/strong>, a funding-rate derivatives platform designed to bring institutional-grade rate markets to decentralized finance (DeFi)<\/p>\n<p><strong>2025 Performance Highlights<\/strong><\/p>\n<p>Pendle recorded <a href=\"https:\/\/x.com\/pendle_fi\/status\/1996821331372036372\" target=\"_blank\" rel=\"nofollow noopener\">new highs<\/a> across all key performance categories:<\/p>\n<ul>\n<li><strong>Average Total Value Locked (TVL):<\/strong> $5.8 billion, <strong>+79% YoY<\/strong><\/li>\n<li><strong>Peak TVL:<\/strong> $13.4 billion<\/li>\n<li><strong>Trading Volume:<\/strong> $47.8 billion, a <strong>36.5% year-over-year increase<\/strong><\/li>\n<li><strong>User Growth:<\/strong> 155,553 new participants, up <strong>48% YoY<\/strong><\/li>\n<li><strong>Fixed Yield Settled:<\/strong> $58 billion, rising <strong>161% YoY<\/strong><\/li>\n<\/ul>\n<p>These figures underscore the accelerating adoption of on-chain yield instruments\u2014particularly fixed-rate markets\u2014by funds, treasuries, hedging desks, and professional traders who require predictable yield exposure and standardized interest-rate products.<\/p>\n<p><strong>Financial Performance: $40M Annualized Revenue<\/strong><\/p>\n<p>Pendle generated approximately <strong>$40 million in annualized protocol revenue<\/strong> in 2025, placing it among the top revenue-producing DeFi protocols.<\/p>\n<p>Based on current revenue and market valuation, Pendle\u2019s <a href=\"https:\/\/x.com\/glc_research\/status\/1962507747296952772?s=46&amp;t=20XG1f8GNHfzAEnbxNxUgw\" target=\"_blank\" rel=\"nofollow noopener\"><strong>forward P\/E sits below 20<\/strong><\/a>, a level considered low relative to its growth rate, product expansion, and market traction. Analysts have highlighted this valuation gap as a potential signal of underappreciated fundamentals as the protocol enters 2026.<\/p>\n<p><strong>Launch of Boros: First On-Chain Funding-Rate Trading Platform<\/strong><\/p>\n<p>Pendle introduced <strong>Boros<\/strong>, a platform enabling the trading of tokenized perpetual funding-rate exposure\u2014an instrument widely used in derivatives markets but previously unavailable in a transparent, on-chain format.<\/p>\n<p><strong>Early traction includes:<\/strong><\/p>\n<ul>\n<li><strong>$80M in open interest<\/strong><\/li>\n<li><strong>$5.5B in notional volume<\/strong><\/li>\n<li>Approximately <strong>$730,000 in annualized revenue<\/strong> in early operations<\/li>\n<\/ul>\n<p>With the launch of Boros, Pendle now supports interest-rate products across both <strong>fixed yield markets<\/strong> and <strong>funding-rate derivatives<\/strong>, expanding the protocol\u2019s role and\u00a0targeting one of the largest sources of structural volatility in crypto: perpetual funding.<\/p>\n<p><strong>Market Positioning and Ecosystem Momentum<\/strong><\/p>\n<p>Throughout 2025, Pendle continued strengthening its position as DeFi\u2019s interest-rate layer:<\/p>\n<ul>\n<li>Over $58B in fixed yield settled over various onchain yield assets<\/li>\n<li>Integration activity expanded across L2 ecosystems, trading venues, and structured-product platforms.<\/li>\n<li>Cross-chain PTs have unlocked expansion into ecosystems where Pendle and the underlying yield-bearing assets aren\u2019t natively supported. This includes non-EVM networks such as Solana, which is already on the roadmap.<\/li>\n<\/ul>\n<p>Analysts from multiple research groups have noted that Pendle is evolving into foundational infrastructure for crypto\u2019s emerging on-chain yield curve.<\/p>\n<p><strong>About Pendle<\/strong><\/p>\n<p><a href=\"https:\/\/www.pendle.finance\/\" target=\"_blank\" rel=\"nofollow noopener\">Pendle<\/a> is the world\u2019s largest crypto yield trading platform for tokenized yield, fixed-yield markets, and on-chain interest-rate products. Through its suite of primitives and funding-rate derivatives via Boros \u2014 Pendle enables transparent, composable, and institution-grade yield management within DeFi.<\/p>\n<p>For more information, users can visit <a href=\"https:\/\/www.pendle.finance\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>pendle.finance<\/strong><\/a> or follow <strong>@pendle_fi<\/strong> on X.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pendle-achieves-record-growth-for-2025-40m-annualized-revenue-and-strategic-expansion-to-funding-rates-markets\/\">Pendle achieves Record Growth for 2025, $40M Annualized Revenue, and Strategic Expansion to Funding Rates Markets<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>[PRESS RELEASE \u2013 Singapore, Singapore, December 9th, 2025] Pendle, the leading protocol for onchain yield and interest-rate markets, has released its 2025 performance results, reporting record growth across all major metrics and expanding its product suite with the launch of Boros, a funding-rate derivatives platform designed to bring institutional-grade rate markets to decentralized finance (DeFi) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-62664","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62664"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62664\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}