Pendle has announced the launch of its new product, NGI+, which tracks the net asset value of a fund managed by Partners Group. This fund has an impressive track record, returning 48.8% net over 2.5 years. The introduction of NGI+ could draw significant interest from institutional investors, enhancing Pendle’s position in the DeFi space. More details can be found in their official tweet.
Inside the Move
The launch of NGI+ on September 29, 2026, marks a strategic move for Pendle Finance as it aligns itself with a fund that has shown substantial returns. Tracking a fund from Partners Group, which manages $186 billion in assets under management, NGI+ could become a key attraction for investors looking for reliable yield opportunities. Currently, Pendle’s liquidity pool offers an annual percentage yield (APY) of 55.3%, further enhancing its appeal in a competitive market.