Pendle Debuts on Robinhood Chain With New sNET Yield Market

Pendle on Robinhood Chain
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Pendle deploys on Robinhood Chain with the launch of its first yield trading market for sNET. The Pendle team confirmed this Friday that, through this integration, users can separate principal capital from the future yield generated by sNET—the staking token issued by NetNet Capital—with a maturity date set for September 17.

This addition strengthens the DeFi ecosystem of Robinhood Chain, an Ethereum Layer 2 powered by Arbitrum technology that already exceeds $1.4 billion in total value locked (TVL). By integrating Pendle’s fixed and variable yield infrastructure, the network consolidates its institutional and retail liquidity, facilitating sophisticated hedging strategies on reserve-backed assets like USDG.

With more than $1.23 billion locked across multiple networks, Pendle’s arrival on Robinhood Chain marks a milestone in its multichain expansion. The protocol noted that it will roll out additional markets as the ecosystem matures, broadening programmable yield opportunities for investors.


Source: https://x.com/pendle_fi/status/2095861150504325271


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