pendle pt-susde trading at $0.94, locks in 13% fixed apy until june maturity. underlying susde yields 8-12% variable. you're getting paid 5% premium to hold the fixed side during panic. $4.2b tvl held through the crash. pt-jrusde printing 30% apy if you trust ethena plus jito stack. fixed income beats catching knives when fear and greed hits 11
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