I think Pendle is well prepared for the next bull run.


One-click PT looping is now available directly on the app. And the PT-sUSDe/USDe loop for ~14.5% APY is the play I am watching right now.
Leveraged yield strategies always come back when new yield opportunities and fresh liquidity return to DeFi. This time @pendle_fi is ready with one-click PT auto-looping baked into the app.
sUSDe looping on Plasma is the first setup worth paying attention to.
Loop it on @aave V3 with USDe as the debt asset:
- Borrow rate: 2.34%
- LLTV: 92.45% (up to 7x)
- Borrowable liquidity: $178M+
- Net looped APY: ~14.5%
The borrow cost sits at 2.34% against a 4.04% fixed PT yield. That spread times leverage is where the 14.5% comes from. Deepest borrowable liquidity in a while I have seen for a looping setup on Pendle.
NFA. DYOR. Happy farming.
PENDLE-0.49%
USDE-0.08%
XPL-1.85%
AAVE5.49%
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