Pendle Joins the Open Gas Initiative
The Open Gas Initiative (OG) continues to eliminate gas fees from the end-user experience with its newest member, Pendle. By working with ETHGas on the program, the protocol will help accelerate Ethereum toward a real-time, gasless future.
Pendle is part of the first cohort of projects sponsoring gas for their users alongside ether.fi, EigenCloud, and others. This marks an important step toward making advanced yield strategies easier to access, cheaper to manage, and viable for a broader set of onchain participants since Pendle is a leading protocol for yield tokenization and yield trading on Ethereum.
What Pendle Is Doing
Pendle enables users to tokenize yield by splitting yield-bearing assets into principal and yield components, allowing them to fix rates, speculate on yield, or provide liquidity to time-decaying markets. Its custom AMM is purpose-built for yield assets, supporting sophisticated strategies that go far beyond simple swaps or passive farming.
The Open Gas Initiative will allow Pendle to subsidize gas for key user actions with zero code changes, removing a major source of friction from multi-step yield workflows. This aligns with Pendle’s mission to turn yield into an accessible, fixed-rate financial instrument that users can actively manage throughout a market’s lifecycle.
Why Pendle Joining OG Matters
Yield trading is an inherently active and multi-step process. OG will let Pendle turn his pain point into a growth engine by enabling the following:
- Lower friction for yield tokenization and trading: Users often wrap assets, split yield, trade PT and YT, and rebalance positions as markets evolve. Gas sponsorship makes these workflows more economically accessible, especially for smaller positions and more frequent adjustments.
- Better UX for active yield management: Pendle users respond to changing yield curves, incentives, and time decay. Gasless interactions reduce hesitation around entering, exiting, or rolling positions as maturity approaches.
- Deeper liquidity and healthier markets: By lowering the cost of providing and managing liquidity, OG helps expand participation in Pendle markets, improving pricing, depth, and overall market efficiency.
Soon, gasless UX will become a baseline requirement for sophisticated onchain financial primitives and Pendle is leading the way.
A Shared Vision for a Gasless Future
Ethereum is entering a Realtime, Gasless Era. ETHGas and Pendle are both building core infrastructure for this next phase of the network’s development.
ETHGas removes execution friction through gas abstraction and realtime blockspace coordination. Pendle transforms yield into an accessible, fixed-rate asset class. Together, they push Ethereum toward a future where users can express yield views, manage risk, and deploy capital instantly without needing to think about gas.
Join the Open Gas Movement
OG welcomes Pendle to the journey towards gasless UX across Ethereum DeFi. More partners will continue to onboard as OG expands on Ethereum mainnet and prepares for multichain support across BNB Chain, Base, and Arbitrum.
Explore the initiative at https://ethgas.com/open-gas and join the movement shaping the next era of onchain user experience. Follow Pendle and ETHGas on X to stay in the loop.
