Pendle released its 2025 annual review, reporting an average yearly TVL of $5.8 billion, a 79% increase compared to last year.

BlockBeats news, December 5 — According to official sources, Pendle released its 2025 annual review and summary: the platform’s average annual TVL in 2025 reached $5.8 billion, with a peak of $13.4 billion, representing a 79% increase over last year. Total trading volume was $47.8 billion, up 36.5% year-on-year. The number of users increased by 155,553, a 48% growth over the 2024 base. The main portfolio allocations were 85% stablecoins, 3% Bitcoin, 5% Ethereum, and 7% others. Pendle provided $58 billion in fixed income, a 161% year-on-year increase. Pendle’s new product launched in 2025, Boros, achieved $5.5 billion in trading volume within four months, with open interest reaching $80 million, accounting for 0.04% of the total market size. In the $200 billion investment market, Boros still has ample room for growth.