Pendle generates additional TVL worth $318 million just four days after plasma launch

Singapore, Singapore, October 7, 2025, Warp Thread

[PRESS RELEASE – Singapore, Singapore, October 7th, 2025]

Shuttle FinancesThe world’s largest return trading platform in crypto, has an astonishing influx of $318 million in Total Value Locked (TVL)just now four days after launch on Plasma. This milestone strengthens Pendle’s adaptability to rapidly expand and offer its services to new chains with high market demand for capital-efficient, return-driven strategies.

Liquidity acceleration: $318 million in 4 days

In the first 96 hours after Plasma launched, Pendle attracted $318 million in new liquidity. According to onchain data, the addition of TVL marks one of the fastest growth spurts for a new chain in DeFi history. (https://defillama.com/chain/plasma)

Plasma, a blockchain startup backed by billionaire Peter Thiel, is a digital stablecoin bank designed to give everyone easy access to save, spend and earn, including the unbanked. With the launch on Plasma, Pendle will expand its reach to a global audience of billions

By day two, total liquidity increased to $170 million, supported by momentum in multiple markets such as Ethena’s USDe and sUSDe, Maple’s SyrupUSDT, and growing confidence in USDai’s ecosystem.

This liquidity flow highlights the inherent demand for Pendle’s products. Following the October 2 announcement of exclusive $XPL rewards, Pendle users now enjoy not only higher returns, but also additional incentives, outperforming the returns of the underlying native assets. Notably, this is just the first of many initiatives in an extensive XPL rewards campaign designed to boost Pendle’s growth on Plasma. (https://x.com/pendle_fi/status/1974361063471960091)

Plasma views this integration as constructive for their ecosystem and recognizes the potential increase in DeFi usage and activity following the Pendle integration. (https://x.com/Plasma/status/1954925706485604390)

Real-World Return Gains: “I Made $1000 with Pendle on Plasma”

In addition to the aggregated metrics, individual users have already started realizing meaningful returns. According to a user’s post St1t3hthey generated $1,000 profit via yield strategies on Pendle via Plasma. (https://x.com/St1t3h/status/1975147364173427056)

This personal story underlines that the return opportunities on Plasma are not just theoretical; real participants quickly convert capital into tangible profits. As these and other anecdotal cases spread, they increase trust, encourage participants, and help lower the barriers for newcomers to participate.

Drivers behind the wave

Several forces have come together to drive Pendle’s growth:

• Seamless plasma integration — Pendle’s architecture connected to Plasma’s stablecoin-native, high-throughput infrastructure.
• Expanded return markets at launch — Multiple return pools were available from day one, offering differentiated strategies and durations, with more markets in the pipeline
• Well-coordinated incentives — Exclusive and rewards programs (e.g. via XPL token) for both liquidity providers and traders accelerated capital inflows, benefiting both Pendle and their partners
• Renewed growth of return-seeking capital — After periods of cautious capital allocation, investors are re-exploring high-return locations.

Early media reports highlighted the growth rate, noting that Pendle’s TVL crossed the $100 million mark in half a day. (on kucoin.com) KuCoin+1

Industry observers and the DeFi press also highlighted Pendle’s expansion into Plasma, with multi-market rollout and aggressive incentive design, as a smart, bold move in the current returns landscape. FinanceFeeds

Pendle and Plasma: a strategic symbiosis

Pendle’s expansion to Plasma delivers the core model for yield tokenization in a scalable, stable, coin-centric environment. Key to the launch:

• Five return markets have been used — At launch, Pendle introduced five different return markets on Plasma, covering multiple stablecoins and risk/reward profiles. FinanceFeeds+1
• XPL Incentives — Plasma’s trust in Pendle enabled the Pendle team to receive committed substantial token rewards in XPL to both liquidity providers and yield token holders. FinanceFeeds
• Balanced incentive design — The reward scheme aligns the interest of market participants (LPs, PT holders, YT traders) and supports depth, pricing and sustainability.
• Scalable platform support — Plasma’s low latency and stable coin-based structure provide fertile ground for high-frequency yield operations, arbitrage, and composability. (https://x.com/Plasma/status/1954925706485604390)

Quotes

“$318 million in four days demonstrates renewed strength in DeFi yields, especially with stablecoins. Plasma’s infrastructure allows us to quickly create yield markets, giving our users yield opportunities.” – TN Lee, CEO Pendle

“Crossing $100 million in TVL in hours, and $280 million in days, is a powerful signal: capital is ready to flow into Pendle when the product and incentives align.” —CryptoLinn, Crypto KOL

‘I’m making $1,000 profit per month with Pendle on Plasma – that’s real return, real capital, real confidence.” — St1t3h, Pendle user (https://x.com/St1t3h/status/1975147364173427056)

About Pendel

ShuttleThe world’s largest yield trading platform in crypto, allows users to tokenize yield-bearing assets in Main Tokens (PT) And Yield Tokens (YT)opening up new strategies for fixed income capture, speculation, hedging and leverage. Over time, it has scaled across multiple chains, consistently driving yield innovation in DeFi.

Since its inception in October 2020, Pendle has become the go-to protocol for granular, composable yield exposure across chains.

For media inquiries, users can contact:

Pendle Media Relations

Email: growth@secrettune.io

Website: https://pendle.finance

This press release may contain forward-looking statements. Actual results may vary significantly.