What is Pendle Binance?

Could you elaborate on what Pendle Binance entails? I've heard of Binance as a leading cryptocurrency exchange, but I'm not familiar with Pendle within this context. Is Pendle a token, a platform, or a service offered by Binance? If so, what does it aim to achieve and how does it differ from other offerings in the crypto space? I'm particularly interested in understanding its potential applications, target audience, and how it may impact the future of cryptocurrency trading and finance.