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Pendle Finance launches PendleLoop for automated leveraged yield with 29% APY on wstETH and tokenized stocks.

Protocol Fundamentals
05 Nov 2026, 09:52 WIB
Crypto Briefing
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Bullish
Pendle Finance launches PendleLoop for automated leveraged yield with 29% APY on wstETH and tokenized stocks.

Pendle Finance introduced PendleLoop, a tool that automates leveraged yield looping and long/short trading, featuring a one-click wstETH loop offering a stated 29% APY with zero fees until December 31, 2026. The tool simplifies the cycle of depositing, borrowing, and buying assets, and supports leveraged positions on tokenized US stocks like Apple and Nvidia with leverage up to 4.2x. While the 29% APY is not guaranteed and depends on borrowing costs and asset returns, the zero-fee period aims to attract users before fees may apply. This innovation expands DeFi trading options but carries risks as leverage can amplify losses and liquidations.

Pendle Finance's PendleLoop tool is the subject, providing context for readers. For those tracking major cryptocurrencies on Pluang, 41 of 50 rose and 8 fell as of Nov 05, 2026 14:01 WIB. Notable movers include THETA at Rp2.875 (+4.93%, 37% Sell / 63% Buy), UNI at Rp139.056 (+3.98%, 57% Sell / 43% Buy), and ETC at Rp133.191 (+3.97%, 9% Sell / 91% Buy).

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