According to BiJie.com, on December 5, official sources reported that Pendle released its 2025 annual review and summary: The platform’s average annual TVL in 2025 reached $5.8 billion, with a peak of $13.4 billion, representing a 79% increase compared to last year. Total trading volume was $47.8 billion, up 36.5% year-over-year. The number of users increased by 155,553, a 48% growth over 2024. The platform’s main investment allocations were 85% stablecoins, 3% Bitcoin, 5% Ethereum, and 7% others. Pendle provided $58 billion in fixed income, a 161% year-over-year increase. Boros, the product launched by Pendle in 2025, achieved a trading volume of $5.5 billion within four months, and open interest reached $80 million, accounting for a portion of the total market size.