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Pendle is a decentralized finance (DeFi) protocol whose key feature is separating future yield from the underlying asset, allowing users to trade, hedge, or lock the "yield stream."
The core idea is that ordinary yield—such as interest/rewards generated from depositing stablecoins or staked assets into a lending protocol—is packaged as a tradable "future yield token." Users can choose to hold their principal, trade the yield, lock in yield earlier, or hedge against yield volatility.
Within this framework, the PENDLE token serves as the system's native token, used for governance, reward staking, and vePENDLE (vote-escrowed model).

Bitcoin climbed past $81,000 during Monday's Asian trading session, while NEAR surged 23% on a wave of swap activity tied to Zcash.

Ethereum core developers scheduled EIP-8141, called "Frame Transactions," for inclusion in the Hegotá upgrade planned for 2027.

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vePENDLE, or vote-escrowd PENDLE, is a governance mechanism in the Pendle Finance ecosystem.
At precisely 01:45. an attacker deployed a malicious contract intended to exploit Pendle's systems.

PENDLE coin is the native token of the Pendle protocol, a DeFi platform focused on yield tokenization and trading.