Blockworks research taps Pendle's sUSDe curve to gauge shifting crypto market regimes

In a recent analysis, Blockworks' research team examined how the term structure of Pendle's synthetic US dollar‑denominated stablecoin can signal transitions between bullish and bearish phases across the digital asset landscape. By dissecting the shape of the yield curve and contrasting backwardation with contango, the report highlights subtle links to Bitcoin's price dynamics, offering a framework for investors to interpret broader market sentiment. The findings were unpacked in a podcast episode featuring lead analyst Luke, who walked listeners through the methodology and its potential implications for portfolio positioning. Complementing this deep dive, the platform also hosted conversations on the evolution of decentralized finance credit models, the strategic considerations surrounding BitGo's public listing, and emerging on‑chain equity products, underscoring Blockworks' role as a hub for nuanced crypto research and dialogue.