Pendle launches PendleLoop for automated leveraged trading

The new tool bundles deposit-borrow-buy cycles into one click, with a zero-fee wstETH loop advertised at a stated 29% APY Pendle Finance has launched PendleLoop, a tool that automates leveraged yield looping and long/short trading. The headline offer is a one-click wstETH loop with a stated 29% APY and zero fees. What PendleLoop actually does The launch went live on October 22, 2026. PendleLoop handles the repetitive cycle of depositing an asset, borrowing against it, and buying more of it. The flagship product is the wstETH loop. wstETH is wrapped staked ETH, a token that earns staking yield while remaining usable across DeFi. Looping it amplifies that underlying yield, along with everything else. The zero-fee promotion on the wstETH loop runs until December 31, 2026. The 29% figure is a stated APY, not a guarantee. Yields on looped positions depend on borrowing costs and the return on the underlying asset, both of which move. Tokenized stocks join the party PendleLoop also supports leveraged positions on tokenized US stocks, including AAPLc for Apple and NVDAc for Nvidia. Leverage on these positions ranges from 2.6x to 4.2x, depending on the asset. Incentives tied to the tokenize...