Pendle Weekly Update: Pendle has launched Sonic, the external protocol will self-deploy the Pendle market through a Community Launch
Source: Pendle
This Week's Alpha: Community Launch
According to official information, Pendle has announced the Community Launch - starting this week, external protocols can deploy their own Pendle markets, and the Pendle team will whitelist them on the UI after a final (non-contract) check, moving towards full permissionlessness. At the same time, Pendle will also launch a dedicated UI for Pendle Prime, showcasing deeper liquidity assets audited by the Pendle team and external auditors.
Last Week Recap:
Pendle TVL measured in ETH hit an all-time high of 208,000 ETH.

lvlUSD went live on Pendle, with wallet holders of lvlUSD YT and LP tokens earning 40x XP and Symbiotic points. Wallet holders of slvlUSD YT and LP tokens can earn 20x XP.
Current Pendle Hotspot:
Pendle has launched Sonic, introducing pools like wstkscUSD and wstkscETH (expiring on May 29, 2025) with fixed APY up to 18% and LP APY up to 24.98%. These pools offer up to 12x implicit leverage.

Top PT APY (at the time of writing):
Stablecoin: wstkscUSD 29-MAY [SONIC] @ 18.17% APY
ETH: wstkscETH 29-MAY [SONIC] @ 10.89% APY
BTC: SolvBTC.Bera 10-APR @ 11.8% APY
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
