Reached $3.5 billion in TVL.

Eligible for USDai CHIP ICO allocation February 22-27, 2026, with KYC on CoinList. Allocation based on time-weighted balance between January 29, 2026 00:00 UTC and February 13, 2026 00:00 UTC.

Receives external incentives from YieldNest for sAID (YT) and ynRWAx (LP and YT) positions.

sPENDLE yield distribution starts on 2026-02-14

Captures $552,000 (5% of $11.04 million) from the Capmoney $12 million distribution to Pendle users.

Locked 30% of PENDLE supply in vePENDLE and sPENDLE with an average lock duration of 1.65 years as of January 28, 2026.

Featured in an AMA event promoted by crypto_linn on January 27, 2026.

Launched live on January 23, 2026.

Implementing reward forfeiture mechanism where sPENDLE holders who fail to vote during active Pendle Protocol Proposals forfeit rewards for 14 days.

Boosted vePENDLE holders with up to 4x sPENDLE based on remaining lock duration.

Deprecates vePENDLE in favor of sPENDLE under new tokenomics model.

Begins PENDLE buybacks on 2026-02-09, allocating 80% of real revenue for PENDLE buybacks distributed to sPENDLE holders, with first rewards scheduled for 2026-02-13. Rewards additional airdrops to holders.

Implements 14-day withdrawal period.

Reduced LP emissions by 30% through a new algorithmic emissions model while revenue is growing.