67% of Pendle’s TVL is now RWA 52 live markets, 24 issuers, $832M all across Pendle What’s the RWA yields? T-bills and money market funds, private credit, STRC and DAT dividend streams, tokenized compute, tokenized equities, physical gold, and a Partners Group infrastructure fund Seven yield sources that have NOTHING to do with each other and nothing to do with the brypto cycle Ze yield stays as yield no matter what market stage we are at And it keeps growing too...this month alone SuperNVDA and SuperTSLA from Base are supported, Nvidia and Tesla exposure with a fixed rate to April 2027, currently pricing around 11% and 17%. PAXGy from Paxos, which grows in gold terms and sits on PAXG. And sUSDfr, the yield vault on Forest Road’s USDfr stablecoin. Stocks, gold and a new dollar in the same three weeks. Pendle keeps launching new and new RWA pools Over 140 RWA markets listed all-time, 120+ of them this year. $210M of RWA-backed PTs already sit as collateral on Morpho, so the yield isn’t just fixed (and it’s loopable) Twelve months ago this was a handful of treasury products but today RWAs are the majority of @pendle_fi 's TVL and continues to dominate the scene dc: linn is a tier 1 kol supreme for pendle (family friend and award winning)

PAXGy (28 Jan 2027 maturity), @paxoslabs’, gold-backed digital asset that grows in gold terms, is now live on Pendle. Trade, speculate and fix RWA investment-grade gold yield onchain.

We're talking about trillions in tokenised assets potentially coming onchain over the next few years. @pendle_fi is already leading the charge in building a fundamental layer for yield markets w/ PTs increasingly serving as the foundation for yield maxxing strategies through looping. Yet, according to @tokenterminal, only 7.34% ($291M) of the $3.96B in tokenised stocks is currently captured within DeFi. That leaves a massive opportunity for capital to become more productive as tokenised assets find their way into lending, collateral markets + structured yield strategies. Asset productivity TVL has been hitting ATHs and imo we're still in the early innings. The next leg of growth isn't just about bringing more assets onchain, but unlocking what those assets can actually do once they're there. And that's where primitives like Pendle could become increasingly important. Pendle 🫡

JUST IN: 6.5% of tokenized stock market cap is now deposited into DeFi venues, up from 1.7% at the start of the year. Leading DeFi venues by tokenized stock deposits: @Uniswap @kamino @pendle_fi