ChainCatcher report: On August 27, the decentralized stablecoin USDD announced the conclusion of the first phase of its incentive campaign in collaboration with Pendle, and the launch of the second phase. During the first phase, USDD provided over $300,000 in reward subsidies, with the peak TVL of the Pendle sUSDD market reaching nearly $40 million, and the overall fixed yield of PT maintaining above 7%. The second phase offers a total reward value of $600,000 and will run from August 27, 2026, to November 26, 2026, lasting 91 days. Users may continue participating by carrying over their positions from the first phase.
USDD and Pendle Launch Second Incentive Round Worth $600,000
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Summary
Token Launch News: USDD and Pendle announced the second incentive round for Pendle’s sUSDD market on August 27. The first phase, offering over $300,000 in rewards, saw TVL peak near $40 million. The new round runs for 91 days until November 26, 2026, with $600,000 in rewards. Users can carry over their positions from the first phase. Market data shows strong engagement, with PT fixed yields exceeding 7% during the initial phase.
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