Founder TN Lee discusses Pendle Finance, a DeFi platform for future yield trading. They cover Pendle's growth, core concepts, use cases, risks, and future plans. Explore lessons from Kyber, differences with TradFi, and what's next for Pendle.

TN Lee, founder of Pendle Finance, shares the rise and current challenges of his innovative yield trading protocol. He discusses how Pendle surged in popularity this year and the strategies behind its initial success. Lee outlines the sophisticated trading strategies users leverage and the importance of partnerships in boosting market presence. He also examines the significant drop in Total Value Locked and proposes new approaches, including the potential of Bitcoin narratives, to regain user engagement. Tune in for insights on Pendle's future!

TN Lee, founder of Pendle Finance, shares insights into his innovative protocol for trading yield, which saw explosive growth but is now grappling with a sharp decline in total value locked (TVL). He discusses the unique method of tokenizing yields, as well as strategies that sophisticated traders can leverage for optimization. Lee addresses the challenges of user engagement and the risks involved in trading Pendle, while outlining potential recovery plans. He also reflects on how Pendle can remain relevant if the points narrative fades.