Pendle launches NGI+ market with fixed yield near 19%
- —The NGI+ market launched September 17-18, with maturity on December 10, 2026
- —Fixed yield for PT holders is about 19%
- —The NGI+ token from AssetoFinance tracks the Next Generation Infrastructure strategy
- —On-chain value of NGI+ was about $4.17 million by mid-September
Why it matters: Institutional infrastructure with cash flows is entering DeFi, giving retail access to fixed yields that were previously unavailable.
Source: Crypto Briefing