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Pendle brings programmable yield infrastructure to Converge, expanding the blockchain’s capabilities for structured finance and tokenized real-world assets.
Pendle is reshaping how DeFi handles yield, and now, it’s extending that innovation to tokenized real-world assets through its integration with Converge, the high-performance blockchain built by Securitize and Ethena Labs.
As the leading protocol for yield tokenization, Pendle gives users fine-grained control over future yield: split it, sell it, hedge it, or amplify it. With integrations across LSTs like stETH and assets like USDe, Pendle is unlocking new forms of financial expression on-chain.
On Converge, that same power will be applied to tokenized assets. Pendle is enabling institutions to build structured yield products backed by RWAs, bringing fixed income strategies into the realm of programmable finance.
This deepens the core value of Converge: enabling regulated financial assets to plug into DeFi-native infrastructure without losing composability.
“Converge is designed to be the foundational layer for real-world asset adoption in DeFi,” said Carlos Domingo, Co-Founder of Securitize. “Pendle’s programmable yield model opens up a full spectrum of opportunity, especially for fixed income use cases.”
“Converge is unique as it brings together a combination of crypto-native capital and institutional capital,” said TN Lee, Co-Founder and CEO of Pendle. “We’re excited to support Converge by supporting core financial primitives on top of institutional-grade assets for the next wave of capital coming on-chain.”
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