Pendle launched two markets today for Berachain: liquidBeraBTC (10 Apr 2025) and liquidBeraETH (10 Apr 2025). With Berachain being one of the most hyped new L1s coming along with the plethora of points offered, I expect these to grow fairly big (right now at $2.2m & $3.6m).

Pendle is a weird product to me, it’s fundamentally a yield tr