ProductProduct Launch
Pendle: Launches fixed-rate markets for real-world assets on Base
Pendle Finance has expanded its fixed-rate yield infrastructure to Coinbase's Base network, bringing tokenized real-world asset markets to the layer-2 ecosystem.
So what
Deploying RWA fixed-rate markets on Base bridges institutional-grade yield sources (like tokenized treasuries) with a high-retail L2 environment, expanding addressable distribution channels. This infrastructure integration allows DeFi users to hedge or lock in yields on real-world assets, accelerating composability across emerging liquidity venues.