DeFi’s Yield Trading Protocol
Trade and Hedge Future Income
Lock in yield for upfront returns
Sell the future yield of your yield-bearing asset to earn fixed yield and immediately redeploy their funds. Yield bears can fix their yield if they anticipate that the current rates unsustainable.
The capital efficient way to long yield
Compound your exposure to the future yield of a yield-bearing asset without liquidation risk. Yield bulls can multiply their yield exposure to anticipate a yield increase.
Split your yield-bearing assets into separate yield and ownership components to bet on and hedge against future yield.
Powered by Pendle AMM
Pendle’s AMM minimizes time-dependent impermanent loss from the liquidity provision of tokens with time decay such as Yield Tokens (YT).