HyperEVM Achieves $300M TVL Milestone

**Lido stETH vaults are now live on Pendle**, combining liquid staking with DeFi yield strategies. Two new vault options launched: - **stRATEGY** (expires March 26, 2026) - **GGV** (expires March 26, 2026) Both vaults leverage Lido's liquid staking technology on protocols like Aave, curated by Mellow Protocol and Veda Labs respectively. **Pendle integration offers three yield opportunities:** - LP tokens for bonus ETH yield from swap fees and PENDLE rewards - Principal Tokens (PT) for fixed ETH yield - Yield Tokens (YT) for leveraged exposure to vault yield rates Users can access these strategies through the Pendle dApp with [stRATEGY](https://app.pendle.finance/trade/pools/0x5ac134a6fc834723ff5ba40cc644aed231af3185/zap/in?chain=ethereum) and [GGV](https://app.pendle.finance/trade/pools/0xaca598edc3b62f8c24adba7cd24f6d795dd4257f/zap/in?chain=ethereum) pools now available.

**Pendle introduces paid API plans** for developers needing higher rate limits. **Free tier unchanged:** - 100 CU per minute - 200k CU weekly quota **Paid plan details:** - $10/week = 500 CU/min + 1M CU/week - Multiple units can be purchased for scaling - Simple, scalable pricing structure **How to upgrade:** - Visit [API portal](https://api-v2.pendle.finance/dashboard/) - Check [documentation](https://docs.pendle.finance/pendle-v2/Developers/Backend/ApiOverview#api-pricing-plans) for details This update targets developers building applications requiring higher API throughput while keeping free access available for basic usage.

**Weekend markets are going institutional** as equity perpetuals prepare to become the go-to trading venue when traditional finance closes. As equity perps scale into a **multi-billion dollar market**, funding volatility emerges as the primary risk that needs management. **Key developments:** - Boros provides a dedicated market to trade and hedge funding rate exposure - Built by the Pendle team, enabling on-chain funding rate trading - Protocols can now fix their funding costs, similar to interest rate swaps in traditional finance **Why this matters:** - Protocols like Ethena rely on positive funding for stablecoin yields - Previously impossible to hedge funding rate exposure effectively - Creates new structured product opportunities for institutional players **Current limitations:** - 1.2x leverage cap initially - $10M open interest limit per market - Primarily designed for sophisticated traders and protocols This represents a significant step toward **tokenizing all forms of yield** in crypto, with potential expansion to more assets and exchanges ahead.