Pendle (@pendle_fi): Pendle has been named to @FortuneMagazine Crypto Innovators list, recognized among 30 companies and projects selected from more than 150 nominations,…

Pendle has been named to @FortuneMagazine Crypto Innovators list, recognized among 30 companies and projects selected from more than 150 nominations, including TradFi institutions such as State Street, DBS Bank, and SBI Holdings. For most of crypto's history, fixed income had no real equivalent onchain. Variable yield was everywhere, but locking in a known rate or taking a defined view on duration didn't exist at scale. Pendle was built to close that gap, and that work now supports billions of dollars of TVL, with a growing share coming from stablecoin yield markets and institutional allocators. Job's not done!