BlockBeats News, October 10, Pendle Finance announced the launch of the "Plasma Parade" exclusive reward event. The first epoch started on October 9 and will last for 2 weeks, offering up to 600,000 XPL in limit order token rewards for Pendle users. Additionally, additional incentives of 1.14 million XPL are provided for holders of yield tokens (YT) and liquidity positions (LP) on different Pendle Plasma markets, along with a special YT reward worth 60,000 XPL.
The event, which started in early October 2025, has seen Pendle's rapid growth on the Plasma chain thanks to exclusive incentives and the addition of new assets, highlighting Pendle's popularity and utility in the DeFi ecosystem.
The event aims to enhance liquidity and attract traders through layered rewards, with the potential to push Pendle's total value locked (TVL) from millions to trillions of dollars. By implementing a coordinated incentive mechanism, it seeks to shape Plasma's yield ecosystem.
For more details, please visit the event link: https://app.pendle.finance/plasma
