GM Pendies, USDS (SPK Farm) 25 Sep 2025 is now live!
With this, Pendies could now earn SPK rewards directly, which is different from the existing USDS (14 Aug 2025) pool that earns Spark Points (not SPK Rewards).
You can learn more at https://x.com/pendle_fi/status/1942929757961900316
Other new pools going live this week, which are already available for vePENDLE voting:
- Terminal tETH (25 Sep 2025)
- Terminal tBTC (25 Sep 2025)
- Terminal tUSDe (25 Sep 2025)
- USDf (29 Jan 2026) - with Falcon Miles 🦅
- Yearn aGHO-USDf (29 Jan 2026) - with Falcon Miles 🦅
- lstRZR (18 Dec 2025)
With this, Pendies could now earn SPK rewards directly, which is different from the existing USDS (14 Aug 2025) pool that earns Spark Points (not SPK Rewards).
You can learn more at https://x.com/pendle_fi/status/1942929757961900316
Other new pools going live this week, which are already available for vePENDLE voting:
- Terminal tETH (25 Sep 2025)
- Terminal tBTC (25 Sep 2025)
- Terminal tUSDe (25 Sep 2025)
- USDf (29 Jan 2026) - with Falcon Miles 🦅
- Yearn aGHO-USDf (29 Jan 2026) - with Falcon Miles 🦅
- lstRZR (18 Dec 2025)
Hi, it's me again Muchachos, here to tell you that the first Re pools are now live on Pendle:
🔹 reUSD (18 Dec 2025)
🔹 reUSDe (18 Dec 2025) | 5x Ethena Sats
Stablecoins deposited on Re Protocol are deployed into various on-chain reinsurance contracts, allowing users to earn a higher yield.
Important - Since reUSD and reUSDe are exposed to underwriting risks, there will be potential negative yield scenarios in the event insurance payouts are triggered.
Like and RT: https://x.com/pendle_fi/status/1938220467753767397
🔹 reUSD (18 Dec 2025)
🔹 reUSDe (18 Dec 2025) | 5x Ethena Sats
Stablecoins deposited on Re Protocol are deployed into various on-chain reinsurance contracts, allowing users to earn a higher yield.
Important - Since reUSD and reUSDe are exposed to underwriting risks, there will be potential negative yield scenarios in the event insurance payouts are triggered.
Like and RT: https://x.com/pendle_fi/status/1938220467753767397
GM Pendies, if you registered for the Folks Founders Pass whitelist previously (https://x.com/pendle_fi/status/1925352287293382940), here's a reminder that the GOLD Founders Pass mint will be happening later this week
More info at: https://x.com/FolksFinance/status/1944772914345127984
More info at: https://x.com/FolksFinance/status/1944772914345127984
With PT-sUSDe (July 2025) maturing in ~9 days, there’s a clear game-theory angle to migrating early:
🧩 Unless you were a late buyer, July PTs are already close to being fully-extracted in value
🧩 Sep PTs are offering a super decent 11.11% Fixed APY now
🧩 Migrating now helps you front-run ~$1.9B of capital queuing to rotate at maturity
https://x.com/PendleIntern/status/1947122092551635391
🧩 Unless you were a late buyer, July PTs are already close to being fully-extracted in value
🧩 Sep PTs are offering a super decent 11.11% Fixed APY now
🧩 Migrating now helps you front-run ~$1.9B of capital queuing to rotate at maturity
https://x.com/PendleIntern/status/1947122092551635391
Bowowowowowowww, Pendle is now live on HyperEVM!
To kick things off, we're launching with the following pools (plus a special Pendle exclusive bonus 😉):
• Hyperbeat USDT (18 Dec 2025)
• Hyperbeat Ultra Hype (18 Dec 2025)
• Hyperbeat beHYPE Pre-deposit (30 Oct 2025)
• Kinetiq kHype (13 Nov 2025)
Pools are already live for vePENDLE voting FYI.
For more info, check out: https://x.com/pendle_fi/status/1950526842634703177?s=46
P.S There’s also a new Nov 2025 maturity for Ethena sUSDe!
To kick things off, we're launching with the following pools (plus a special Pendle exclusive bonus 😉):
• Hyperbeat USDT (18 Dec 2025)
• Hyperbeat Ultra Hype (18 Dec 2025)
• Hyperbeat beHYPE Pre-deposit (30 Oct 2025)
• Kinetiq kHype (13 Nov 2025)
Pools are already live for vePENDLE voting FYI.
For more info, check out: https://x.com/pendle_fi/status/1950526842634703177?s=46
P.S There’s also a new Nov 2025 maturity for Ethena sUSDe!
Fellow HYPE fans, and I know there are a lot of you out there...
PT-vkHYPE is at ~20% Fixed APY now.
If you're holding a spot position, might as well swap it for PT to earn more:
» Amplified ROI when price goes up
» Cushioned downturn when price goes down
More info here ladies: https://x.com/PendleIntern/status/1957642047176995087
PT-vkHYPE is at ~20% Fixed APY now.
If you're holding a spot position, might as well swap it for PT to earn more:
» Amplified ROI when price goes up
» Cushioned downturn when price goes down
More info here ladies: https://x.com/PendleIntern/status/1957642047176995087
More Pendaave pools, Pendiddlers!
• stkaUSDC (30 Oct 2025)
• stkaUSDT (30 Oct 2025)
These are essentially USDC/USDT staked in Aave's Umbrella Safety Module, allowing you to earn additional rewards on top of the usual deposit APY.
Do note that there may be a chance that these stakes are slashed in the event of a shortfall to cover the deficit, leading to negative yield scenarios (i.e. loss for YT, PT, and/or LP)
Read more at: https://x.com/pendle_fi/status/1938038626174243133
• stkaUSDC (30 Oct 2025)
• stkaUSDT (30 Oct 2025)
These are essentially USDC/USDT staked in Aave's Umbrella Safety Module, allowing you to earn additional rewards on top of the usual deposit APY.
Do note that there may be a chance that these stakes are slashed in the event of a shortfall to cover the deficit, leading to negative yield scenarios (i.e. loss for YT, PT, and/or LP)
Read more at: https://x.com/pendle_fi/status/1938038626174243133
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New week, new HyperEVM pools, Pendiddlers!
1. HyperBeat wVLP (13 Nov 2025)
2. Hyperwavefi hwHYPE (18 Dec 2025)
Do note that for wVLP, deposits will be deployed into Hyperbeat USDT in the current pre-mainnet phase, generating yield and rewards until HIP-3 goes live.
More info at https://x.com/pendle_fi/status/1958152098014728541
1. HyperBeat wVLP (13 Nov 2025)
2. Hyperwavefi hwHYPE (18 Dec 2025)
Do note that for wVLP, deposits will be deployed into Hyperbeat USDT in the current pre-mainnet phase, generating yield and rewards until HIP-3 goes live.
More info at https://x.com/pendle_fi/status/1958152098014728541
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Woohoooo more new pools this week!
1. cUSD (29 Jan 2026) - Another Cap Money pool from earlier this week, which has quickly become one of the highest volume markets. Exclusive 20x Caps for the first 6 weeks, which will revert back to 10x from 13 October 2025 onwards
Link: https://x.com/pendle_fi/status/1962500739894514111
2. dnHYPE (20 Nov 2025) - Hyperbeat pool which represents a pooled delta-neutral position on HYPE. Earn yield + 1x Hyperbeat Hearts + an additional 300k Hearts split proportionately to TVL across yield tokenization protocols
LInk: https://x.com/pendle_fi/status/1963225514384236881?s=46
Both pools are already live for vePENDLE so happy voting!
1. cUSD (29 Jan 2026) - Another Cap Money pool from earlier this week, which has quickly become one of the highest volume markets. Exclusive 20x Caps for the first 6 weeks, which will revert back to 10x from 13 October 2025 onwards
Link: https://x.com/pendle_fi/status/1962500739894514111
2. dnHYPE (20 Nov 2025) - Hyperbeat pool which represents a pooled delta-neutral position on HYPE. Earn yield + 1x Hyperbeat Hearts + an additional 300k Hearts split proportionately to TVL across yield tokenization protocols
LInk: https://x.com/pendle_fi/status/1963225514384236881?s=46
Both pools are already live for vePENDLE so happy voting!
X (formerly Twitter)
Pendle (@pendle_fi) on X
cUSD (29 Jan 2026) by @capmoney_ is now live on Ethereum!
For a limited time, Pendies can earn 20x Caps from this pool so hurry up 👀
For a limited time, Pendies can earn 20x Caps from this pool so hurry up 👀
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Today, we take our first step in making PTs a truly universal, omnichain collateral in DeFi.
Cross Chain PTs are now LIVE
To start, this will be made available for PT-USDe (Nov 2025) on Avalanche. where users can already start lending + borrowing on Silo and Term Labs.
Minting + bridging + redemption + all cross chain Pencosystem integrations will be accessible from a single, unified UI: https://app.pendle.finance/trade/crosschain-pt
For more info, check out our thread linked below d👇
Like and RT: https://x.com/pendle_fi/status/1966502450053198093
Cross Chain PTs are now LIVE
To start, this will be made available for PT-USDe (Nov 2025) on Avalanche. where users can already start lending + borrowing on Silo and Term Labs.
Minting + bridging + redemption + all cross chain Pencosystem integrations will be accessible from a single, unified UI: https://app.pendle.finance/trade/crosschain-pt
For more info, check out our thread linked below d👇
Like and RT: https://x.com/pendle_fi/status/1966502450053198093
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It’s been ~1.5 months since we launched Boros and we’re proud to announce that we are out of our public beta phase!
That's right, we’re officially launching Boros in full today WOOTS 🚀
With full public access, we’re also opening up a referral system for Boros, as well as increases to OI caps, vault caps and leverage.
For more info, check out the article below.
X: https://x.com/boros_fi/status/1968517823086637096
Medium: https://medium.com/boros-fi/boros-v1-0-3d29d5a0fac8
Here's Intern's refcode for those looking to get started on some rebates hehe: https://boros.pendle.finance/join/BIGDK
That's right, we’re officially launching Boros in full today WOOTS 🚀
With full public access, we’re also opening up a referral system for Boros, as well as increases to OI caps, vault caps and leverage.
For more info, check out the article below.
X: https://x.com/boros_fi/status/1968517823086637096
Medium: https://medium.com/boros-fi/boros-v1-0-3d29d5a0fac8
Here's Intern's refcode for those looking to get started on some rebates hehe: https://boros.pendle.finance/join/BIGDK
X (formerly Twitter)
Boros (@boros_fi) on X
Boros v1.0
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ETH funding rate on Hyperliquid at time of writing = -28% APR (NEGATIVE funding)
Boros Implied APR = 10.84% APR
If you had shorted ETHUSD-Hyperliquid at any point about 10.95% Implied APR, you would have won at least 158/161 latest settlements 👀
https://x.com/boros_fi/status/1970009484568236404
Boros Implied APR = 10.84% APR
If you had shorted ETHUSD-Hyperliquid at any point about 10.95% Implied APR, you would have won at least 158/161 latest settlements 👀
https://x.com/boros_fi/status/1970009484568236404
X (formerly Twitter)
Boros (@boros_fi) on X
If you shorted ETHUSD-Hyperliquid at any point above 10.95% APR, out of the past 161 settlements:
Win: 158
Lose: 3
Reminder that this is the worst case scenario. Higher entry means you would have won even more, even harder.
And you know what's the kicker?…
Win: 158
Lose: 3
Reminder that this is the worst case scenario. Higher entry means you would have won even more, even harder.
And you know what's the kicker?…
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sUSDe Underlying APY = 7.48%
sUSDe (Nov 2025) Implied APY = 7.25%
sUSDe past 3 months = around 8% APY
And yes, Season 5 Ethena has been confirmed.
"While prior results are not necessarily indicative of future outcomes, YT buyers at this level (and even ~100-200bps above) have not historically realized losses"
Ladies and gentlemen, it would seem that free $ENA airdrop is now on the Pendle menu 🫡
https://x.com/PendleIntern/status/1971101467772866738
sUSDe (Nov 2025) Implied APY = 7.25%
sUSDe past 3 months = around 8% APY
And yes, Season 5 Ethena has been confirmed.
"While prior results are not necessarily indicative of future outcomes, YT buyers at this level (and even ~100-200bps above) have not historically realized losses"
Ladies and gentlemen, it would seem that free $ENA airdrop is now on the Pendle menu 🫡
https://x.com/PendleIntern/status/1971101467772866738
X (formerly Twitter)
Pendle Intern (@PendleIntern) on X
Ladies and gents, it seems free $ENA airdrops is back on the Pendle menu 🤤
Season 5 of Ethena has been confirmed. sUSDe/USDe have already started accruing S5 rewards.
There's a pretty huge mispricing of @ethena
sUSDe and USDe on Pendle at the moment.
"While…
Season 5 of Ethena has been confirmed. sUSDe/USDe have already started accruing S5 rewards.
There's a pretty huge mispricing of @ethena
sUSDe and USDe on Pendle at the moment.
"While…
19
TL;DR
1) Sell YTs for profit
2) Claim sUSDai yield for more profit
3) Keep all the points you've earned
FREE AIRDROPS WOOOOHOOOO
https://x.com/PendleIntern/status/1973651686112821300
1) Sell YTs for profit
2) Claim sUSDai yield for more profit
3) Keep all the points you've earned
FREE AIRDROPS WOOOOHOOOO
https://x.com/PendleIntern/status/1973651686112821300
X (formerly Twitter)
Pendle Intern (@PendleIntern) on X
If you bought @USDai_Official YT-sUSDai early, there's an extremely high chance that you walk away with PROFIT + FREE AIRDROPS now
Here's how 🪂
Here's how 🪂
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HOLY MOLY 🤯
Starting today, Terminal tUSDe (Dec 2025) will be receiving 100% of sUSDe yield!!!!
This is a Pendle-exclusive special peeps, which means native tUSDe will NOT have the same benefit.
YTs anyone? Haha.
Learn more here: https://x.com/pendle_fi/status/1975032677490368746
Starting today, Terminal tUSDe (Dec 2025) will be receiving 100% of sUSDe yield!!!!
This is a Pendle-exclusive special peeps, which means native tUSDe will NOT have the same benefit.
YTs anyone? Haha.
Learn more here: https://x.com/pendle_fi/status/1975032677490368746
X (formerly Twitter)
Pendle (@pendle_fi) on X
Tell your mom, tell your neighbours and everyone you love, because @Terminal_fi tUSDe (Dec 2025) just got a whole lot better.
Starting today, tUSDe (Dec 2025) will start accruing 100% of sUSDe yield - a Pendle exclusive 😉
Details below 👇🏻
Starting today, tUSDe (Dec 2025) will start accruing 100% of sUSDe yield - a Pendle exclusive 😉
Details below 👇🏻
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BOOOM!
Pendle ETP (APEN) is now live on the SIX Swiss Exchange
https://x.com/pendle_fi/status/1981356137837687223
Pendle ETP (APEN) is now live on the SIX Swiss Exchange
https://x.com/pendle_fi/status/1981356137837687223
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Stable pre-deposit vaults are now live on Pendle!
- ctStableUSDT (20 Nov 2025)
- ctStablefrxUSD (20 Nov 2025)
But hurry up - these pools share the same total deposit cap as the underlying Concrete vaults.
And be show your support for our new stablechain friend with your vePENDLE votes 😉
Like and RT: https://x.com/pendle_fi/status/1983519258266255369
- ctStableUSDT (20 Nov 2025)
- ctStablefrxUSD (20 Nov 2025)
But hurry up - these pools share the same total deposit cap as the underlying Concrete vaults.
And be show your support for our new stablechain friend with your vePENDLE votes 😉
Like and RT: https://x.com/pendle_fi/status/1983519258266255369
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