Pendle announces that the sPENDLE buyback will officially launch on February 9, with the first batch of rewards to be distributed on February 13.

BlockBeats News, February 5th, Pendle announced that the sPENDLE buyback mechanism will officially go live next Monday (February 9, 2026). The first batch of sPENDLE rewards will be distributed on February 13th, and the rewards will be calculated based on time-weighted allocation, starting from 00:00 UTC on January 29, 2026, including the previously undistributed airdrop portion of Pendle fees. Subsequent rounds of distribution will also be time-weighted relative to the previous round. Users can view and claim rewards in the Pendle app.