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BULLISH ERA👻👻
@bullcycle
Pendle vs Spectra: Who’s Winning the DeFi Yield Race? Pendle and Spectra lead DeFi yield market growth—with different approach > Pendle took an early lead in the yield derivatives space by turning future yield into tradable assets. > Pendle saw a breakout year in 2024, Its TVL rose from $20M to $4.6B > Spectra is focusing on stablecoin-native strategies, composable lending integrations via Morpho… > Rebranded from APWine in June 2024, Its TVL grew from $20M to around $190M by early 2025 This article explain: > How both protocols got here > How they differ > What their growth strategies say about the future of yield in DeFi.👇 Source: https://x.com/0xCoinshift/status/1906751477135319153
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