Odaily Planet Daily reported that Pendle posted on the X platform that Pendle had a market product worth $1 billion expire on July 25, which was the second largest market product expiration event in history. Within a week, the platform had completed $918 million in redemptions, successfully passing another major stress test of the Pendle mechanism. Among them, the earnings of some users are as follows: 0xf2e·Main strategy: buy PT-USDe (fixed income) from April 3 to 8·Number of days from the first position: 114 days·Holding: approximately US$11.4 million·Profit: +US$1.09 million (9.6%) 0x638·Main strategy: buy PT-USDe (fixed income) from April 3 to 22·Number of days from the first position: 114 days·Holding: approximately US$4.96 million·Profit: +US$743,000 (15%) As of now, approximately 92% of the expired positions have been redeemed, and more new products will be launched soon.