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# Pendle Finance

> Pendle Finance is the world's largest DeFi yield tokenization and trading protocol. It enables fixed-yield strategies, yield speculation, and yield trading by splitting yield-bearing assets into Principal Tokens (PT) and Yield Tokens (YT). Deployed across Ethereum, Arbitrum, BNB Chain, Base, Optimism, Mantle, Sonic, Berachain, Hyperliquid EVM, and Plasma.

## Core Products

- [Pendle V2 App](https://app.pendle.finance): Spot yield trading platform — buy PT for fixed yield or YT for yield speculation
- [Boros](https://boros.pendle.finance): Perpetuals funding rate trading with up to 1000x capital efficiency

## Documentation

- [Introduction to Pendle](https://docs.pendle.finance/pendle-v2/Introduction): Protocol overview, yield tokenization mechanics, PT/YT explained
- [Pendle Academy](https://docs.pendle.finance/pendle-academy/Introduction): Educational guides for traders and LPs
- [Developer Docs](https://docs.pendle.finance/pendle-v2-dev/Overview): API references and integration guides
- [Boros Docs](https://docs.pendle.finance/boros-docs/Introduction): Documentation for the Boros funding rate trading product

## About

- [Pendle Finance](https://pendle.finance/pendle): Overview of Pendle V2
- [Boros](https://pendle.finance/boros): Overview of Boros
- [Analytics](https://analytics.pendle.finance): Protocol TVL, volume, and market data
- [Pencosystem](https://pendle.finance/pencosystem): 35+ protocol integrations including Aave, Morpho, Yearn, Coinbase, Binance, OKX
- [GitHub](https://github.com/pendle-finance): Open-source smart contracts and SDKs
- [Twitter / X](https://twitter.com/pendle_fi): Official Pendle Finance account
- [Discord](https://pendle.finance/discord): Community support and governance discussion
- [Telegram](https://t.me/pendlefinance): Pendle community channel
- [Medium](https://medium.com/pendle): Protocol updates and research articles
- [Privacy Policy](https://docs.pendle.finance/pendle-v2/PrivacyPolicy)
- [Terms of Use](https://docs.pendle.finance/pendle-v2/TermsOfUse)