Nick
Nick
PENDLE-USD
PENDLE+1.58%
AAVE-EUR
AAVE+2.85%
For the past year, there has been $2-3 billion of USDe and sUSDe in @pendle_fi Now that Ethena PTs are collateral on @Aave, we can unlock those billions further The prevailing sUSDe PT has had a 119% avg. relative spread to USDT borrow APY on Aave over the past 6 months
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Ethena Labs
Ethena Labs
Starting today users will be able to supply eUSDe May Pendle PTs to @aave, with sUSDe July PT live shortly Both PTs represent some of the highest fixed rate opportunities in DeFi, also with the deepest liquidity This is the first time billions in PT collateral have access to Aave
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