Pendle Integrates PT-sUSDD into the PT Looping Module for One-Click Looping Loans

iconTechFlow
Share
AI summary iconSummary
Pendle has launched a protocol update integrating PT-sUSDD into its PT Looping module, enabling one-click looping loans. The feature, built on Morpho’s PT-sUSDD/USDT and PT-sUSDD/USDC markets, offers up to 20.87% APY on the USDT market. This on-chain development enhances capital efficiency, allowing users to act directly within Pendle’s interface. Users should assess risks before participating.

According to official news from the decentralized stablecoin USDD, the DeFi protocol Pendle has integrated PT-sUSDD into its PT Looping module. Users can now execute looping loans with a single click via Pendle’s interface, eliminating the need for cross-platform operations. Currently, the APY for looping loans on the Morpho/USDT market with PT-sUSDD reaches up to 20.87%. The PT Looping module is built on the Morpho markets PT-sUSDD/USDT and PT-sUSDD/USDC. This integration aims to significantly enhance the capital efficiency of USDD holders by combining the fixed income of PT-sUSDD with lending opportunities to create a stable yield strategy. The official notice advises users to participate according to their individual risk preferences.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.