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Easily convert SPYON to PENDLE with ConvertOnline's efficient tool.
The SPDR S&P 500 Tokenized ETF (Ondo) (SPYon) is a digital representation of the SPDR S&P 500 ETF Trust, one of the most widely traded exchange-traded funds (ETFs) in the world. Designed to provide investors with exposure to the S&P 500 index, this tokenized version allows for seamless trading and ownership on blockchain platforms.
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to tokenize their yield-generating assets. By separating the ownership of an asset from its yield, Pendle allows users to trade, leverage, and manage their yield in a more flexible manner.