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Altcoins & DeFi

Pendle launches PendleLoop for automated leveraged trading

Image: Crypto Briefing

The new tool bundles deposit-borrow-buy cycles into one click, with a zero-fee wstETH loop advertised at a stated 29% APY Pendle Finance has launched PendleLoop, a tool that automates leveraged yield looping and long/short trading. The headline offer is a one-click wstETH loop with a stated 29% APY and zero fees. The launch went live on October 22, 2026. PendleLoop handles the repetitive cycle of depositing an asset, borrowing against it, and buying more of it. The flagship product is the wstETH loop. wstETH is wrapped staked ETH, a token that earns staking yield while remaining usable across DeFi. Looping it amplifies that underlying yield, along with everything else. The zero-fee promotion on the wstETH loop runs until December 31, 2026.

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