Pendle Print #94
PTs Here, PTs There, PTs Everywhere
Pendle is the ultimate yield market in DeFi – fixed yields, leveraged yield + points trading, and funding rate swaps (via Boros).
The objective of The Pendle Print is to distill the developments in DeFi yield markets into a succinct and actionable format.
New Pools
sUSDe 9APR2026 [Plasma]
USDe 9APR2026 [Plasma]
reUSD 25JUN2026 [Ethereum]
Important Highlights ✨
You can now bridge PTs to Unichain, starting with USDai and CUSD!
Tap into the Unichain ecosystem to unlock even more yield with your PTs.
For now (with more to come soon!), you can already start borrowing USDC with PTs on Morpho:
It’s not just Unichain too….
Soon, you’ll be seeing Pendle PTs on Solana as well 😉
What if you could DYOR with just the click of a button…
Another ultra cool feature that may have flown under your radar:
Pencosystem
Turning stETH peg maintenance into yield opportunities, and leveraging Pendle to trade this yield, including access to Fixed Yield:
The PENDLE–WETH pool is now live on Alloc8, with some special offers on the table for Pendies…
$PENDLE on Teller:
Boros
OKX funding rates have arrived on the shore of Boros! Starting with BTCUSDT and ETHUSDT:
And the structural difference between these 3 platforms opens up the opportunity for cross-platform funding rate arbitrage strategies:
Boros is NOT a perp DEX. Boros enables funding rates from these platforms to be tradeable, a complementary add-on rather than a competitive product.
Everything we see here from open interest to all of these perp platforms, represent opportunity for Boros to grow:
With leverage, even micromovements in low-volatility yields can be turned into massive KA-CHING opportunities:
3 trades to 3x your capital:
You can earn a lot with perps, and you can earn even more with Boros on top:
Taking advantage of a new DeFi primitive:
Intern Insights
The most overlooked feature that can help you double, triple, quadruple your yield:
24% APY in this market?! 🤤
X Highlights
The state of stablecoins on Pendle:
“Even at 70M (FDV), YTs appear to be undervalued here.”
Just because the market is dead doesn’t mean your yields have to.
Two bald men walk into a call…
Mastering Pendle (and Boros) takes just 10 mins and some clicks:
And last but certainly not least…let’s pour one out for our poor Intern 🫗
That’s it for this issue.
Attention and capital is scarce in this market – and for that we thank you for your continuous support.
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Pendle is the largest rate swap protocol for fixed yields and yield trading in DeFi. Pendle’s adoption as a DeFi primitive has been growing across protocols and institutions to generate more yield, secure fixed yields and directionally trade yield on yield-bearing DeFi assets.
Disclaimer: Nothing written in this post is intended to serve as financial advice. All content in this post serves merely for informational purposes.
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