Bitcoin Forum

I want to get some exposure to RWA but I'm not sure if I should pick pendle or ondo. Ondo has strong backers but massive inflation during next years. What do you think?

I voted for Pendle but in reality, I'd pick none of them.

• Pendle — now that points meta has died. I feel that there might not be enough interest for Pendle again. Their TVL has even dropped from the $6.4B peak to around $2.3B now. Unless there's a new alternative or better yields in the near future, their TVL might keep going down and so will their token price, mindshare and interests on Pendle.
• ONDO, I like it but the incoming unlocks makes it unsuitable especially in this market.

Buying altcoins in recent times have been very much suicidal in recent months. I will steer clear for now unless there is a clear chance for altseason.

Has everybody bad opinion about Pendle future? Currently it's #3 in RWA market cap , so not a small one

Pendle is good but the main utilization for pendle as a platform is to speculate on staking program held by new projects which will correlate to TGE rewards, it will be good as long as the staking program is still there which personally I think will still exist for few more years.
but if somehow the staking program trend is slowly fading, expect pendle's price to dump as well because in my opinion PT yield that the platform produces coming from people who holds YT until maturity and if there's lack of staking program held by other parties, it makes the pendle platform not as interesting.

so I think you should watch for the staking program trend and see whether the trend will last long enough for you to make profit from your investment if you invested in pendle

ONDO unlock in january 2025 and pendle unlock 14.5k pendle everyday if we are talking about unlock

https://imgvb.com/images/2024/09/08/466ba0a30df693d7ed8aafa994d64ce5.png

https://imgvb.com/images/2024/09/08/66d4d0b9a75dea841a63d9327d2a1737.png

both coin is great, but ONDO i think is far better and backed by diverse big institutional investors, I think this could take off massively when RWA finally become something mainstream in the future and I expect it to happen in the future, it's just matter of time.

the unlock honestly, is something that everyone already anticipated anyway, but if you want to invest safely maybe invest after unlock.

Is pendle much more risky?

I don’t have either but Quick Look on coinmarket cap and they don’t seem anything special I would go for Quant if you’re not already invested. Great price right now and it’s way more scarce than Bitcoin.

Once the peak bull run months come in the next 3-9 months and people realise the potential of Quant it will rise quickly.

It has seen a 20% increase in the last 24 hours, not sure why but 20% is nothing it will be 200% or more in a few months once we really start going with this bull run.

Would it be a good idea to split the money between ondo and pendle instead of choosing only ondo?

Pendle is much more risky. The success of Pendle.finance is greatly affected by the demand of Meta Point. Once this meta dead, and i'm sure less people will have interest to buy Pendle token because it'll offer less APY. When this happens and people are gonna start to sell their tokens, and jump to another platform.

Split the money between them. But, give a larger share to ONDO because of their partnership with Blackrock. And i remind you to always be careful with their token unlock. This can greatly affect the stability of price.

Also, don't be exit liquidity for the venture capitals.

Yeah but 14K pendle everyday doesn't hurt as much as the one big pile of ONDO unlocks would. One of the best traders and investor I know in crypto once said that aside from Bitcoin, ETH and Solana, the best assets to buy are those with more room for growth. ONDO is already at a $5.8B marketcap even after an almost 90% dump from the all time high this year. Compared to Pendle $700M mcap. For full disclosure, I don't own either but if I'd want to buy, it's going to be pendle especially as they have a new major version in the works and probably some new yield opportunities.

The interesting thing about ONDO is Blackrock, and that's what makes ONDO's biggest catalyst very much noticed by many RWA project investors who work with Blackrock making everything look clearer that ONDO has a broader view in terms of trust.

And yes, if we talk about market capitalization, Pendle has touched a very large number and I think they have become unattractive after a lot of behind-the-scenes competition that affects their performance, but if you look at the inflation rate, the supply circulating in the market is not yet at 20% of the total and Pendle is already more than 50% with a different unlock system and a different maximum number of coins, it's quite difficult to see which one might provide a decent profit for investors, but it should also be remembered that both are good projects and I think if these two coins return to their ATH market capitalization, they might provide a bigger return on ONDO in my opinion, even though it's not much different.

Do you see any chances that pendle will die during next 12 months? For example I cannot imagine that ondo will die due to black rock

From the looks of things, PENDLE would be more stable to invest in, at least from the looks of things.
A better analysis is needed, as I didn't hear about two of those beforehand.

IMO, not really, pendle leveraged point program has been quite disappointing lately, many people trying to leverage their ETH to get point at the expense of their ETH and get really low rewards at maturity from the project that they participate through pendle campaign.
it's not rare that people actually lose a lot of money from leveraging their ETH through pendle, so it's not really solid investment. moreover, pendle's TVL has been going down from its ATH around $6B to now around $2B.

ONDO on the other hand actually offer something that's really good fundamentally speaking, being backed by blackrock and so on, it's overall seems like more solid investment for the long term.

Interesting. Thanks for the heads up!
Can you name what this program is called like, to be specific? I mean the one from Pendle and ETH.

Pendle and Ondo are both platforms that let you invest in real-world assets (RWAs). Pendle is newer and riskier, but it might offer higher returns. Ondo is more stable, but it might be affected by inflation.

If you're comfortable with risk and want higher returns, Pendle might be a good choice. If you prefer stability and are worried about inflation, Ondo might be better. You could also invest in both to balance the risks.