Pendle price

huge incentives boost $PYUSD - $crvUSD

The interest rate monitoring notification feature has been added as a public feature. When the change fluctuates by more than 30% (compared to the original), you will receive a message in the channel! 👉 @pendle_fi @BitHappyX @hzl123331

A friend of mine complained to me, "The current DeFi is all about rolling out 100% annualized returns, but in the end, it's not as stable as my dad's government bonds." I laughed and said, "Why not just put your dad's government bonds on the blockchain?" He was taken aback, so I told him about @Theo_Network, which I've been exploring recently. They are doing something very 'traditional': 👉 Tokenizing U.S. government bonds, allowing funds on the chain to earn real returns like a fund manager. The team behind it isn't just a bunch of amateurs; they are all seasoned professionals from major institutions: People from quant giants like Optiver and IMC, who truly understand trading structures; They raised $20 million, backed by established firms like Hack VC, Amber, and Mirana. Currently, Theo's TVL has reached $138 million, with the thBILL vault nearing $120 million. When I first encountered thBILL, it felt like opening a new world— I realized that even a small player on the chain could allocate short bonds, hedge, and manage risks like a fund manager, without worrying about rug pulls or missing out on airdrops; it's real, stable returns. Theo's architecture is particularly 'financially savvy': The base layer is a government bond yield pool, the middle layer consists of structured products (similar to fund strategies), and the top layer includes liquidity channels (LP, collateral, lending). The entire design essentially replicates Wall Street's 'market microstructure' one-to-one. Now everyone is scrambling for Theo's points (I've heard the TGE is likely in December), I've also been active these past few days: 🔹 Providing thBILL LP on Uniswap / Pendle 🔹 Using Morpho / Euler to provide liquidity The main battleground is on @arbitrum. After hearing all this, my friend said, "This isn't DeFi; it's the on-chain version of Goldman Sachs."