Recently, DeFi yield trading protocol Pendle announced a significant partnership with LevelUSD to launch dual-market products, lvlUSD and slvlUSD, both maturing on May 29, 2025. lvlUSD serves as the protocol’s native non-yield-bearing stablecoin, backed by USDT and USDC as underlying assets. In contrast, slvlUSD is an innovative staked yield-bearing stablecoin that offers users enhanced returns through a dual-yield mechanism, combining base deposit yields from the Aave V3 protocol with additional rewards generated by re-staking Aave aTokens. This collaboration will provide DeFi users with more diversified stablecoin investment options.
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.19% | 1.02% | 7.71% | 22.72% | 60.75% |