According to BlockBeats, on August 2, Pendle announced on social media that a market product valued at $1 billion expired on July 25, marking the second-largest market product expiration in the protocol's history. Within a week, the platform successfully redeemed $918 million, passing another significant stress test of the Pendle mechanism. Some user earnings were reported as follows:

User 0xf2e employed a primary strategy of purchasing PT-USDe (fixed income) from April 3 to April 8. Over 114 days, this user held approximately $11.4 million and earned a profit of $1.09 million, representing a 9.6% return.

User 0x638 followed a similar strategy, buying PT-USDe (fixed income) from April 3 to April 22. Over the same period of 114 days, this user held around $4.96 million and achieved a profit of $743,000, equating to a 15% return.

As of now, about 92% of the expired positions have been redeemed, and Pendle is set to introduce more new products soon.