Converge just surpassed $1B in pre-deposit, with @pendle_fi contributing ~86% of the total liquidity 👀 • Ethereal: $744M / $847M = 87.8% • Terminal: $123M / $152 = 80.9% • Strata: ????? We’re watching the largest institutional onchain rail take shape in real time. IYKYK. Launching on Pendle not only unlocks extra yield-tility (e.g. fixed APY) for your yield-bearing assets, but also helps establish another liquidity catchment for protocols to bootstrap TVL. Every dollar added to Pendle = dollar added to the underlying protocol too The DeFi Sparkplug does not compete....We complete 🫶