The price of Pendle has risen sharply recently, attracting widespread attention from the market.

This article will reveal the reasons for the rise in the price of Pendle and how to use Pendle to get the best returns!

Recently, Solv, Babylon, Pendle and Corn have jointly created a four-fold Bitcoin interest-bearing product. Pendle has officially entered the BTCFi field. This news undoubtedly provides a strong impetus for the rise in the price of Pendle.

After SolvBTC.BBN (Corn) was launched on Pendle, the TVL (total value locked) quickly exceeded 26 million US dollars, and the yield of liquidity providers (LP) remained at 30%.

The main reasons why the market is so optimistic and can quickly obtain super high TVL are:

a. This is the best Bitcoin interest-bearing product on the current market;

b. Four-fold returns: Solv points, Babylon points, Corn points and Pendle rewards;

c. Solv and Babylon are approaching TGE (token generation event), and Pendle provides the last chance to get high points in the sprint stage.

There are three ways to use Pendle to get the best returns!

1. PT: 8% fixed return by staking SolvBTC.BBN;

2. YT: 53x Babylon, 153x Corn, 712 Solv points;

3. LP: 30% annualized rate of return (APY) (including Pendle rewards).

How to choose the method that suits you needs to be determined according to your risk preference and goals.

1. If you want fixed income, you can choose PT;

2. If you want more points, you can choose YT. Babylon and Solv are both close to TGE. Currently, buying YT is almost a sure win and has high potential returns.

According to Pendle's internal data, if the market value of Solv, Babylon and Corn reaches 1 billion, the APY of buying YT may reach about 500%;

3. If you want to balance points and returns, especially users who want to get Pendle tokens, you can choose LP.

The rise in Pendle's coin price is inseparable from its strong partners and innovative quadruple Bitcoin interest-bearing products.

In the current market environment, the quadruple Bitcoin interest-bearing product provides investors with more opportunities for income and points.

As Pendle continues to expand in the BTCFi field, its future development prospects are promising.

You can choose the appropriate participation method according to your own needs and share the dividends of the Bitcoin interest-bearing market.