Learn a DeFAI a day|Use good tools to invest in almost half of INFINIT Thanks to @naoi_eth for the picture I made, I found that I am so high in the ININIT rankings Today I will introduce the ultimate usage of INFINIT @Infinit_Labs, first of all, I know that the Research Agent in INFINIT knows Pendle very well (because of cooperation). ➤ Take you to analyze market trends with Pendle + INFINIT Because Pendle @pendle_fi is essentially a market for trading future yields, users can split interest-bearing assets into the principal token PT and the yield token YT. The PT price reflects the discounted value of future yields, and YT represents the volatility of residual earnings (you can check it out as introduced in previous articles). - So if the PT is discounted more, it means that the market expects higher yields in the future (or weaker demand and needs higher returns to compensate for the discount period) - If the PT price is close to the nominal value, it means that the market believes that future earnings are stabilizing and the risk is low Then you can quickly understand market changes by observing the changes in PT/YT yields and TVL of different chains and different pools First, ask INFINIT about the current state of the Pendle cross-chain market (and what it will recommend you ask) So I sorted it out and got it, all the data ⬇️ given by INFINIT ➤ Ethereum is institutionally led, with stable returns as the core TVL reached US$5.24 billion (accounting for 91.8% of the total market) The daily trading volume exceeds $100 million, and there are over 100 active pools The PT collateral reached $2.67 billion, of which more than $2 billion was used as stable collateral on Aave Users prefer stablecoins sUSDe, tUSDe, tBTC, and long-term yield strategies The yield range stabilized, and the stablecoin pool maintained an 8-25% APY It is clear that ETH has become the standard configuration of the stable income market in DeFi, similar to the treasury bond market, the institutional version of E guards and long-term capital concentration, the purpose is to lock in fixed income rather than speculative spreads. A significant amount of TVL in sUSDe hints at Ethena's rise in disguise ➤ Base is a high-yield pool that is growing rapidly and is led by retail investors TVL of approximately $45 million, +23% monthly growth Users are mainly retail and risk-loving, and the yield of pools such as SKAITO and yoUSD often exceeds 40%, frequently pursuing short-term excess returns Base is more attractive to funds that dare to take on volatility, pushing where yields are higher but more volatile Using INFINIT to play Pendle directly helps us observe the changes in PT/YT prices and interest rates on different chains, and analyze the market consensus on yields. I also actually went to Pendle to see that the data was accurate (no AI hallucinations)