Farming RWA yield through PT on @pendle_fi is still my favorite.


It's one-click and worry-free + limit order (LO) incentives make the PT price better
Here are 4 RWA PTs I rotated into:
1 - PT thBILL (7.1% APR) by @Theo_Network
thBILL is an institutional tokenized short-duration US T-Bills product (via partners like Libeara and Wellington). It captures near risk-free T-bill yields with some spreads.
I've been farming Theo's thBILL for months. So far it's great, and PT yield recently went back to the interesting level from LO incentives. T-Bill but 7.1%? I’ll take it.
2 - PT cUSDO (6% APR) by @OpenEden_X
cUSDO is a BMA-licensed yield-bearing stablecoin backed by US Treasuries and reverse repos. It functions like a money market fund with passive yield.
I’m familiar with cUSDO and think 5.9% APY is a good deal compared to the underlying asset
3 - PT USDG (5.1% APR) by @Paxos
PT USDG lets you lock in a fixed ~5.11% APR on USDG, Paxos-issued Global Dollar stablecoin fully backed by cash and short-term US Treasuries.
The underlying currently generates variable yields around 6%+ from its RWA reserves. Risks include Paxos counterparty/reserve management which I think is safe given its credibility.
4 - PT msY (11% APR) by @Main_St_Finance
msY uses a market-neutral strategy via CME-listed index box spreads for synthetic USD yield. Wrote an article on this, feel free to check it out.
These give a nice a mix of high RWA yield variety with one higher-yield synthetic play.
Check current rates, expiry, and available liquidity on Pendle before entering. DYOR.
PENDLE-6.49%
USDG0.01%
EDEN-5.95%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin