Pendle launches first yield-trading market on Robinhood Chain with sNET fixed and variable yield positions.

Pendle has launched its first yield-trading market on the newly launched Robinhood Chain, starting with sNET, a staked token of NET native to the chain. This market allows users to separate and trade the principal and future yield of sNET until the market matures on September 17, 2026. Robinhood Chain, an Ethereum Layer 2 using Arbitrum technology, aims to expand DeFi with fixed-yield products and yield trading. Pendle's deployment on Robinhood Chain marks its continued multichain expansion, offering new financial products and enhancing liquidity options for users. More markets are expected as the ecosystem develops, but geographic restrictions and product availability may vary.