Pendle confirms no exposure to Binance, funds safe
Pendle moved to reassure users that it has no exposure to Binance, stating that Pendle V2 and @boros_fi are fully onchain and non-custodial, funds are safe, and products are operating normally. The statement, posted on Pendle's official X feed and repeated in a follow-up reply, expresses support for everyone affected across the industry.
- The confirmation came amid fallout from the Binance incident; no impact to Pendle protocol functionality or user funds was reported.
- The message was shared twice on X, the second a reply with a screenshot of the original post.
Sources
- Pendle has no exposure to Binance. Pendle V2 and @boros_fi are fully onchain and non-custodial. Funds are safe, products are operating normally. We hope for the best for everyone affected across the industry.x.com ↗
- https://t.co/WXWQnbxgVF Replying to their earlier post: Pendle has no exposure to Binance. Pendle V2 and @boros_fi are fully onchain and non-custodial. Funds are safe, products are operating normally. We hope for the best for everyone affected across th…x.com ↗
Pendle
Pendle Earn enables you to obtain fixed yield or provide liquidity in a simple interface. Pendle Earn and Trade runs on the same set of contracts with a separate user interface to cater to different audiences.
