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Pendle Adds Tokenized Stock Long Positions to PendleLoop

The feature uses Aave markets, with incentives available to users who take the positions.

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Blank layered share certificates rest within a brass loop / TokenPost.ai
Blank layered share certificates rest within a brass loop / TokenPost.ai

The @pendle_fi account announced that Pendle has added tokenized-stock long positions to PendleLoop, with users accessing them through Aave markets. Incentives are available to users who take the positions.

The feature adds stock exposure to a tool that pairs leveraged long and short positions with yield looping. Users can loop Pendle principal tokens and yield-bearing assets from other protocols, as outlined in Pendle’s earlier PendleLoop rollout.

Pendle splits yield-bearing assets into separately tradable principal and yield positions. It previously launched fixed-yield products tied to tokenized Nvidia and Tesla stocks as a separate offering.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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