Pendle Finance Overview - Pendle Finance is presented as a protocol generating revenue from printing revenue in markets for major blue-chip assets like ETH, BTC, and stablecoins [1] - TokenTerminal data indicates Pendle generated $33 million in revenue in 2025 [1] - Pendle is positioned as a DeFi-native yield engine with real fees, real users, and clear alignment between the protocol and its holders [2] Market Position - Pendle is ranked 3 by revenue across the entire Money Market sector, behind Aave and Spark [1] - Pendle v2 combines TradFi primitives with crypto-native yield narratives [1] - Pendle is often one of the first places liquidity moves to when a new yield narrative appears [1] Revenue Distribution - 80% of protocol revenue flows to vePENDLE holders [3] - 10% of protocol revenue is retained by the treasury [3] - 10% of protocol revenue funds protocol operations [3]

Marketing & Media - The content promotes a YouTube channel for daily interviews [1] - The goal is to increase subscriptions to the YouTube channel [1]