Pendle Joins Bloomberg Galaxy DEFI Index as Stock Perpetual Futures Surpass $100M in Daily Volume

According to official sources, PENDLE has been included in the Bloomberg Galaxy DeFi Index, expanding the exposure of the crypto-native yield protocol to institutional watchers. The inclusion reflects evolving benchmark criteria that increasingly accommodate decentralized finance assets within mainstream investment universes.

In his ‘Adapt or Die’ piece, Arthur Hayes argues that traditional finance is determined to retain its edge in equity trading. While the tokenization of all stocks remains a longer-term thesis, the stock perpetual futures market has already surged to a $100 million daily turnover, signaling durable demand for cross-market hedging and liquidity.

Pendle’s Boros protocol has drawn attention for pioneering derivatives that let retail participants speculate on rates in a novel way. As market participants grow familiar with contract specs, weekend hedging activity and a broader 7×24-hour trading cadence could accelerate the transition for major venues toward round-the-clock operations.