How to achieve an sUSDf APR of up to 90%? On Pendle, the yield of PT-sUSDf skyrocketed from 9% to 19% APY in less than a month. In this scenario, the first reaction is naturally whether it can be leveraged? The answer is yes! This is inseparable from the cooperation of Silo: Strategy Logic Pendle Buy PT-sUSDf (25 Sep 2025) → Current fixed yield about 19% APY Silo ※ Deposit PT-sUSDf into Silo's isolated market (sUSDf + USDC) as collateral. ※ The cost of borrowing USDC is approximately 8.4–9% APR ※ Circular arbitrage, the borrowed USDC goes back to Pendle to buy PT-sUSDf ※ Net yield ≈ 19% – 9% = 10% difference. ※ Use Silo's built-in Leverage to repeat the process ~10 times, ultimately achieving a leveraged APY close to 90%! ▰▰▰▰▰▰ Risks and Considerations ※ Liquidation Risk: Silo is an Isolated Market, which has lower risk than shared pools, but if sUSDf / USDC experiences extreme volatility, liquidation is still possible. ※ Capital Utilization: Currently, the utilization rate is at 86%, and borrowing costs vary with utilization, which may compress the APY difference. ※ Position Management: Do not go all in at once; first test with a small position to run through the logic, then consider doubling up! ▰▰▰▰▰▰ Summary Pendle offers high-yield PT, Silo provides leveraged cycles, and the combination of the two creates an efficient leveraged play within a safe framework. The current net interest margin is ~10%, and after fully automated looping, it approaches 90% APY! What do you think, is it appealing?