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Pendle upgrades Bungee Exchange V3 for easy, gasless cross-chain swaps into PT and YT tokens.

Protocol Fundamentals
11 Jul 2026
Crypto Briefing
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Bullish
Pendle upgrades Bungee Exchange V3 for easy, gasless cross-chain swaps into PT and YT tokens.

Pendle has upgraded Bungee Exchange to version 3, enabling users to swap tokens across different blockchains into Pendle's principal tokens (PT) and yield tokens (YT) with a single click and no need to hold native gas tokens on the destination chain. The upgrade improves routing speed, reduces transaction fees, and removes the gas fee barrier by automatically covering those costs. This streamlines the user experience by embedding a bridge aggregator directly into the swap process, allowing seamless cross-chain DeFi transactions without manual bridging steps. The upgrade formalizes and expands previous community tools, making cross-chain yield trading more accessible and efficient.

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