Richard Teng at Token2049: multi-rail financial systems where traditional finance and blockchain integration coexist.

According to Milk Road (@MilkRoadDaily), Pendle demonstrates real revenue, rapid growth, and a clear use case by bringing traditional finance's largest markets onchain. This concrete adoption of TradFi fixed-income products on the blockchain provides traders with new DeFi yield opportunities and liquidity pools, directly impacting Pendle token price action and market volumes. As verified by Milk Road, Pendle's robust onchain revenue and integration with traditional finance instruments make it a key crypto asset to monitor for trading strategies in 2025. (Source: Milk Road, May 22, 2025)