The @pendle_fi team has been working towards this for YEARS, laying the groundwork and now it is finally here: Pendle front-ran many major DeFi narratives before the market fully prices them in: - LSDs - LRT points - Stablecoins - NOW RWA yields / STRC-linked products Exhibit A: - 67% of APYX TVL is now on Pendle - 81% of Saturn TVL is now on Pendle - APYX scaled from $13M TVL to $276.8M TVL after Pendle pools launched - Pendle now holds $186.8M - That is a 21x expansion in 67 days Saturn already had TVL before Pendle, but capital still migrated to Pendle: - Saturn TVL before Pendle: $61.9M - Saturn TVL today: $61.4M - Saturn TVL on Pendle: $49.7M The CLARITY Act is just going to accelerate this: - Clearer rules bring institutions onchain - Yield trading is more likely to fit cleanly under commodity-style market oversight - Passive stablecoin yield may be restricted - Activity-based yield and structured yield markets remain viable For Pendle: - Pendle is not passive stablecoin yield - Pendle is active yield trading through PT/YT markets - If passive yield gets limited, more capital may seek compliant structured yield venues Bullish consequence: - More RWA protocols need Pendle - More institutions can use Pendle - More yield assets can be tokenized on Pendle - More TVL can concentrate on Pendle - More fixed-rate and yield-trading demand flows through Pendle EVERYTHING will flow to pendle dc: tier 1 kol supreme for pendle(🉐 Crypto Linn)