# Pendle Finance

> Pendle Finance is a permissionless DeFi yield tokenization and trading protocol. Trade PT (Principal Tokens) for fixed yield, or YT (Yield Tokens) to speculate on yield. Trade funding rates with Boros. Deployed across 12 blockchain networks including Ethereum, Arbitrum, BNB Chain, Base, Mantle, Optimism, Sonic, HyperEVM, Berachain, Monad, Katana, and Ink.

## Recent Updates

- **2026-06-09**: GEO baseline pass on www.pendle.finance — deduplicated `Organization` JSON-LD, added `BreadcrumbList` schema to all inner pages, upgraded HSTS to `includeSubDomains; preload`, added explicit AI-crawler directives to robots.txt (GPTBot, ClaudeBot, PerplexityBot, Google-Extended, CCBot, and others), expanded this `llms.txt`, and added `/.well-known/security.txt`.
- See [Pendle Medium](https://medium.com/pendle) for protocol changelog and feature announcements.

## Main Sections

- [Pendle V2 Overview](https://www.pendle.finance/pendle): Introduction to Pendle V2 — fixed yield via PT, yield speculation via YT, the AMM, cross-chain support, and the audit history.
- [Boros Overview](https://www.pendle.finance/boros): Boros is Pendle's funding-rate trading product — leveraged interest-rate swaps on perpetual futures funding rates, currently on Arbitrum.
- [Pencosystem](https://www.pendle.finance/pencosystem): 35+ DeFi integrations (Aave, Morpho, Yearn, Coinbase, Binance, OKX, EtherFi, Ethena, and more) that accept PT as collateral or build on Pendle's yield infrastructure.
- [Brand Guide / Media Kit](https://www.pendle.finance/brand-guide): Logos, fonts, color palettes, and downloadable assets for Pendle and Boros.

## Ecosystem (Pencosystem)

35+ DeFi protocol integrations including Aave, Morpho, Yearn, Coinbase-backed protocols, Binance, OKX, and others. PT accepted as collateral across major money markets.

## Documentation

- [Pendle V2 Docs](https://docs.pendle.finance/pendle-v2/Introduction): Protocol overview, mechanics, developer references, and integration guides for Pendle V2.
- [Boros Docs](https://pendle.gitbook.io/boros/boros-docs): Documentation for the Boros funding rate trading product.

## About Pendle Finance

- [Pendle Finance](https://www.pendle.finance/pendle): Overview of Pendle V2
- [Boros](https://www.pendle.finance/boros): Overview of Boros
- [Analytics](https://analytics.pendle.finance): Protocol TVL, volume, and market data
- [Pencosystem](https://www.pendle.finance/pencosystem): 35+ protocol integrations including Aave, Morpho, Yearn, Coinbase, Binance, OKX
- [GitHub](https://github.com/pendle-finance): Open-source smart contracts and SDKs
- [Twitter / X](https://twitter.com/pendle_fi): Official Pendle Finance account
- [Discord](https://pendle.finance/discord): Community support and governance discussion
- [Telegram](https://t.me/pendlefinance): Pendle community channel
- [Medium](https://medium.com/pendle): Protocol updates and research articles
- [LinkedIn](https://www.linkedin.com/company/pendlefinance/): Pendle Finance company page
- [CoinGecko](https://www.coingecko.com/en/coins/pendle): PENDLE token market data
- [CoinMarketCap](https://coinmarketcap.com/currencies/pendle/): PENDLE token market data
- [DefiLlama](https://defillama.com/protocol/pendle): Protocol TVL and chain breakdown
- [Privacy Policy](https://docs.pendle.finance/pendle-v2/PrivacyPolicy)
- [Terms of Use](https://docs.pendle.finance/pendle-v2/TermsOfUse)
- [Security Contact](https://www.pendle.finance/.well-known/security.txt)