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As the exciting Berachain L1 gears up for mainnet launch, it's amazing $1.6 billion The liquidity has been deposited inBoyko", Berachain's liquidity platform ahead of launch on Ethereum. This influx of liquidity from airdrop farmers will technically make Berachain the 10th largest blockchain from TVL today.

And last week, four bras Pendle Baths (By Ethena and Etherfi) has already raised a collective $515 million in TVL. This dwarfs the total TVL value of its main rival Spectra, which has risen to $225 million since December.

The largest Berachain Pendle market “liquidBeraBTC” ($271 million TVL) accumulates points across eight different protocols (yes, you read that right), four of which are not yet live. Withdrawals are also locked for 90 days upon mainnet launch, but that doesn't stop airdrop farmers. This rabid pre-launch speculation brings Pendle closer to the ICO platform that projects use to launch their tokens.

YT for LiquidBeraBTC is expected to return 1,575% APY over three months, based on @PendleInternEstimates, but be careful with the set of assumptions about expected FDV, TVL and airdrop allocations.

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