Dissecting the Pendle protocol
Trade and hedge future income.
Published in
9 min readJul 12, 2021
This was first published on substack, make sure to follow 0xkowloon on twitter and substack for more comprehensive protocol deep dives. Keep an eye out for Element.fi and another SQL analysis of both protocols coming soon!
Pendle is a protocol that enables the trading of tokenized future yield on an AMM system. It builds on top of…