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RWA DeFi

Pendle Extends One-Click Looping to Yield Assets and Tokenized Stocks

Pendle has expanded its one-click looping feature to cover yield assets and tokenized stocks on the Base network, where stock longs use Aave loans. The protocol is waiving PendleLoop fees on non-PT positions through Dec. 31. The move extends Pendle’s looping tool beyond its existing product set to tokenized equities traded on Base.

Original source

AI take

Pendle's expansion into tokenized stocks via Base signals that yield-trading infrastructure is converging with tokenized equity markets, a notable step for RWA composability. The fee waiver through year-end suggests the protocol is prioritizing adoption over near-term revenue, which matters for how quickly looping becomes a standard tool for tokenized-stock holders. The open question is whether demand for leveraged exposure to tokenized equities on Base can sustain activity once the fee incentive lapses.

Generated by AI for reference only.

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