TREE NEWS update: Pendle said PendleLoop now supports leveraged trading of crypto assets and stocks, and that over the past year the cost of an equivalent ETH long position on PendleLoop was 70% to 90% lower than on Hyperliquid perpetual contracts, depending on the leverage multiple. The comparison covers the trailing twelve months and varies with leverage.
Pendle: PendleLoop ETH long costs 70-90% less than Hyperliquid perps
The claim is a cost comparison rather than a performance one, and it lands in a market where leverage venues are increasingly competing on the price of carry rather than on product breadth. The stated range is wide and leverage-dependent, which suggests the advantage is not uniform and may narrow at certain multiples — a detail worth watching as more users test it. Extending PendleLoop to stocks alongside crypto also signals where the yield-tokenization model is heading. Whether the discount holds through different market conditions, and how Hyperliquid responds, is the open question.
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