Pendle Launches USDe Trading with 60x Sats Rewards for Ethena S5
Pendle Launches USDe Trading with 60x Sats Rewards for Ethena S5
馃幆 Pendle's USDe Surprise
Pendle has launched USDe (27 Nov 2025) trading on HyperEVM, perfectly timed for Ethena Labs' upcoming S5 season.
Key features include:
- 60x Sats Rewards through Pendle's full toolkit
- Fixed yield opportunities on USDe
- Leveraged exposure to $ENA airdrops
- vePENDLE voting already active
$PENDLE incentives begin Thursday at 00:00 UTC. The launch builds on Ethena's recent Avalanche expansion, where USDe and sUSDe went live across major DeFi protocols.
Users can access PT-sUSDe on Aave and utilize one-click looping on Contango for enhanced strategies.
USDe (27 Nov 2025) is now live on Pendle! Perfect timing for HyperEVM users gearing up for @ethena_labs S5 馃槈 Enjoy exclusive 60x Sats Rewards with the full Pendle toolkit: 馃敼Fixed yield on USDe 馃敼Leveraged exposure to the $ENA airdrop And more!
Pendle Featured in Keyrock Trading's Onchain Asset Management Report
**Pendle has been featured** in Keyrock Trading's comprehensive Onchain Asset Management Report. The report includes: - Pendle's perspective on the **future of onchain asset management** - Insights from major industry protocols and contributors - Analysis of the evolving onchain asset management landscape This recognition follows Pendle's previous feature in a RWA report by RedStone, Gauntlet, and RWA.xyz, where they were highlighted as a **leader in onchain asset management**. The report provides valuable industry insights for those interested in the development of decentralized asset management solutions.
馃毃 Pool Migration Deadline
**33 Pendle pools mature on September 25, 2025** - users need to migrate their positions to avoid losing yield. **Migration Options:** - **PT Rollover**: Swap maturing Principal Tokens to newer ones to secure fixed APY - **LP Migration**: Move liquidity provider positions to active pools - **Post-Maturity**: Wait until after maturity to migrate via Pendle Dashboard Users can manage positions at [Pendle Dashboard](https://app.pendle.finance/trade/dashboard/overview/positions?timeframe=allTime). **Action needed by September 25** to maintain yield generation.
HyperEVM Achieves $300M TVL Milestone
HyperEVM has demonstrated remarkable growth, accumulating over $300 million in Total Value Locked (TVL) within its first two weeks of operation. This rapid expansion has secured its position among the top 10 protocols on DeFiLlama. This achievement follows a broader trend in DeFi growth, as evidenced by Spark's earlier success reaching nearly $4 billion TVL with a 58.1% monthly growth rate. - HyperEVM: >$300M TVL in <2 weeks - Achieved top 10 ranking on DeFiLlama - Joins other fast-growing DeFi protocols *Data verified through [DeFiLlama](https://defillama.com/)*