BlockBeats News, October 10th, Pendle Finance announced the launch of a two-week exclusive reward event called “Plasma Parade,” offering up to 600,000 XPL in limit order token rewards for Pendle users. Additionally, an extra 1.14 million XPL incentive is provided for holders of different Pendle Yield Tokens (YT) and Liquidity Positions (LP) on the Plasma launch markets, along with a special YT reward worth 60,000 XPL.
The event kicked off in early October 2025, and Pendle’s rapid growth on the Plasma chain has been fueled by exclusive incentives and the addition of new assets, showcasing Pendle’s popularity and utility in the DeFi ecosystem.
This event aims to boost liquidity and attract traders through layered rewards, with the potential to escalate Pendle’s Total Value Locked (TVL) from millions to trillions of dollars. By coordinating a cohesive incentive mechanism, it seeks to shape Plasma’s yield ecosystem.
