Pendle for PWA. Trading at <$10m fdv after hitting $20m ATH. Yeah.. I think it’s a great entry
Thread
- Posted
- 2026-09-09 00:01 UTC
- First seen
- 4h ago via trade comments
- Chain
- Robinhood Chain
- Likes
- 1
Other theses on this trade
Audit is now complete! Time to reprice higher. Splitting principal and yield tokens is extremely useful for RWAs. Think about how high PENDLE ran on a smaller TAM. Time to reprice higher. https://x.com/parestocks/status/2100751491330080915
Spoke with dev, FOMO verification form has been submitted today. Little steps to get us ready for broader adoption!
Team is building something genuinely unique in the space, and their initial findings report landed yesterday - with no high-severity vulnerabilities found. Bullish as it suggests the tek works and isn’t a larp. https://x.com/parestocks/status/2099087816559124718
Active comms from team and founder. Audit underway and once complete, users can begin to provide LP and numbers go UP. https://x.com/divvy0x/status/2097605613580881949 Very early.