Monad Welcomes Institutional Fixed Yield Products with Pendle Partnership

Pendle has launched institutional fixed yield products on Monad's platform.

The new offering provides an attractive fixed yield of approximately 6.9% against a 3.5% native AUSD T-bill base.

This initiative aims to attract more institutional interest in the crypto space and expand Monad's financial offerings.

Monad has positioned itself as a competitive platform in the crypto space, committed to providing varied financial products amidst evolving regulatory environments.