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Pendle adds one-click looping for yield assets and tokenized stocks on Base

Pendle adds one-click looping for yield assets and tokenized stocks on Base
Photo: Traxer / Unsplash
AI summary

Pendle has extended its one-click looping feature to yield assets and tokenized stocks, letting users lever up positions in a single transaction. Stock longs on Base are funded through Aave loans, and PendleLoop fees on non-PT positions are waived through Dec. 31. The fee waiver is designed to drive adoption of the looping product and could lift Pendle usage and Aave borrowing demand on Base.

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