Most DeFi users deposit assets to earn yield, but returns are variable and difficult to predict. APYs change constantly, and users have limited control over how those returns evolve over time. Pendle Finance is the world’s leading crypto yield trading platform, designed to give users direct control over how yield is earned, structured, and traded. At its core, Pendle operates through two complementary systems: Pendle V2 and Boros. ◆ Pendle V2 → structures yield by splitting a yield-beari