In DeFi, most people are used to pricing the asset itself.

Pendle makes the game more interesting by moving the question somewhere else:

What is the future yield worth today?

Because yield is no longer just an outcome.

It has a maturity.
It has expectations.
It has uncertainty.
And it can become a marketable form of value.

That points to something much bigger.

As DeFi matures, markets may stop pricing only what you own and start pricing what your assets are expected to produce.

And that is where Pendle gets really interesting to me.

The moment markets learn to price tomorrow’s yield today, time itself starts becoming a financial primitive.

Pendle isn’t simply tokenizing yield.

It is bringing the future into today’s price discovery. $PENDLE

#TufanSalur #SKATS #SquareCreator