Centrifuge and Pendle launch fixed-rate markets for real-world assets on Base Chain.
DeFi & Yields ·
Centrifuge and Pendle have launched fixed-rate markets for real-world assets on Base Chain, expanding onchain access to tokenized financial instruments. The partnership enables structured yield opportunities by combining Pendle's fixed-rate mechanisms with Centrifuge's RWA tokenization infrastructure, which already manages over $2 billion in tokenized assets across bonds, credit, and equities.
Fixed-rate markets allow investors to lock in yield at issuance, reducing interest-rate risk compared to variable-yield products. By deploying on Base, the integration broadens institutional asset distribution to one of the largest Ethereum Layer 2 networks and taps into the growing institutional appetite for tokenized real-world assets, which are approaching $20 billion in aggregate value.
Key details remain limited—neither the specific asset classes supported by the fixed-rate offering nor the launch timeline have been clarified in available announcements. It is also unclear whether this represents a limited pilot or full deployment, and what custody or compliance frameworks govern the markets on Base.