Foresight News reported that Pendle has released its 2025 development plan "Zenith", emphasizing its expansion in the fixed income market and new product lines. In 2024, Pendle's TVL grew from $230 million to $4.4 billion, and its daily trading volume increased from $1.1 million to $964 million, making it one of the major yield trading protocols in DeFi.
Pendle plans to further optimize through V2, including the introduction of a Permissionless market on the UI, dynamic fee adjustments, and improvements to the vePENDLE mechanism. Additionally, Pendle will expand to non-EVM ecosystems (such as Solana and TON), KYC products for TradFi institutions, and yield products that comply with Islamic finance principles through "Citadels".
Meanwhile, Pendle has announced the launch of "Boros", aimed at addressing the issue of funding rate volatility, supporting yield trading in DeFi, CeFi, and TradFi, and allowing users to switch between floating and fixed yields to optimize returns. Pendle expects that with the advancement of V2, Citadels, and Boros, vePENDLE holders will benefit from the growth of the protocol.
