Pendle launches Robinhood Chain products tied to Nvidia and Pfizer yields

  • Pendle launched Robinhood Chain products tied to Nvidia and Pfizer share yields.
  • Nvidia exposure expires in October, while Pfizer exposure expires in December.
  • Trading volume is currently limited amid mixed sentiment around the new products.

DeFi yield-trading protocol Pendle has launched products on Robinhood Chain, also described as Robinhood, linked to tokenized Nvidia (NVDA) and Pfizer (PFE) shares. Through PT, users can buy the underlying shares at a discount, while YT provides leveraged exposure to their dividend yields without directly holding the shares. The Nvidia product expires in October and the Pfizer product in December. No significant price changes have been reported, and trading volume remains limited as the products enter the market amid mixed sentiment.

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