Pendle has expanded its one-click looping feature to cover yield-bearing assets and tokenized stocks, according to a ChainCatcher newsflash. The update broadens the protocol’s supported asset set beyond its earlier scope and adds a new use case tied to tokenized equity exposure. The Defiant reported that stock long positions on Base are carried out through loans on Aave, linking the new support to lending-based positioning on the network. Pendle also said fees for non-PT positions on PendleLoop will be waived through Dec. 31. The announcement centers on product support and fee treatment, with no additional figures or rollout details disclosed in the source.
Pendle, a decentralized yield trading protocol, said it has expanded its one-click looping feature to support yield-bearing assets and tokenized stocks.
According to The Defiant, stock long positions on the Base network are implemented through loans on Aave.
Pendle also said fees for non-PT positions on PendleLoop will be waived through Dec. 31.
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