Ethena, Pendle, and Aave Create DeFi Yield Engine

⚡ DeFi Trinity Unleashed

By CoinDesk
Sep 15, 2025, 4:01 PM

Three major DeFi protocols have joined forces to create a sophisticated yield generation system.​

The Alliance:

  • Ethena provides synthetic dollar stability
  • Pendle enables yield tokenization and trading
  • Aave offers lending and borrowing infrastructure

Together, these protocols create a yield engine that allows users to maximize returns while managing risk across different DeFi strategies.​

How It Works: Users can deposit assets into this integrated system, where Ethena's synthetic dollars provide stability, Pendle splits and trades future yields, and Aave facilitates lending operations.​

Potential Expansion: Hyperliquid could potentially join this ecosystem, adding perpetual trading capabilities and further expanding yield opportunities.​

This collaboration demonstrates how DeFi protocols are evolving beyond isolated services toward integrated financial ecosystems that offer more sophisticated yield strategies.​

Sources
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