Pendle has now officially launched on the Sonic Network

BlockBeats News, February 28th, according to official sources, Pendle has now officially launched on the Sonic network, with the first liquidity pools launched in partnership with Rings:

stkscUSD (May 29, 2025)

stkscETH (May 29, 2025)

Rings Protocol is an interest-bearing stablecoin protocol. Users can mint scUSD/scETH using various stablecoins or ETH assets. scUSD and scETH can be staked in the Veda Vault (becoming stkscUSD and stkscETH) and earn yield through blue-chip DeFi protocols like Aave.