About this Chart

Each distribution period's funding is spread evenly over the days in that period, so a single day reads as a run rate rather than a payment event, while any date range still sums to exactly what was funded. The reward token changes with the distribution regime: USDC, then ETH, then USDT, and now sPENDLE bought back with protocol revenue. In-kind partner tokens are tracked separately and excluded, being a share of partner yield rather than Pendle fee revenue.