Pendle Intern's Notes
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Random ramblings of a cartoon character. Usually before his morning coffee too.
Needless to say - NFA.
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BTC holders looking to thicken your stack - eBTC is trading at ~6.137% Fixed APY at time of writing, with sizeable liquidity/depth for >5% APY

https://x.com/pendle_fi/status/1831887097139228928
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Our newest addition to Pendle's BTCfi lineup - Corn LBTC (26 Dec) ๐ŸŒฝ

With LBTC, Pendies will be able to access 3x Corn Kernel (the highest multiplier), 1x Babylon Points (when available) and 1x Lombard Points in just a single pool.

vePENDLE voting is already at https://app.pendle.finance/vependle/vote

One of many BTC pools to come soon so stay tuned

Like and RT: https://x.com/pendle_fi/status/1833852757796937807
Those on the hunt for short-term fixed yield could consider some of the 26 Sep pools (maturing in ~8 days):

- Karak USDe @ 17.17% Fixed APY
- Karak sUSDe @ 15.31% Fixed APY
- Swell L2 rswETH @ 13.62% Fixed APY
- amphrLRT @ 13.5% Fixed APY
- pzETH @ 13.37% Fixed APY
The Bitcoin saga continues this week on Pendle, with some new, incoming additions, the first one being:

uniBTC (Corn) 26 DEC 2024

For a limited time until 3 Oct, Pendies will earn 10x Bedrock Diamonds (i.e. 210 Diamonds/hour for every uniBTC on Pendle) + 3x Corn Kernels + 1x Babylon Points

This reverts to 5x Bedrock Diamonds after 3 Oct, which will still make it the highest Diamond multiplier

vePENDLE voting is already live so be sure to cast your votes!

Like and RT: https://x.com/pendle_fi/status/1836389569790644509
GM Pendies!

The new Corn YT-uniBTC is showing some good promises, especially at just ~5.59% Implied APY.

For the full details and breakdown, you can refer to https://x.com/PendleIntern/status/1836657695249829972
GM all, welcoming another addition to our BTC lineup - PumpBTC (Corn) 26 DEC 2024 ~

Like Lombard, PumpBTC is another liquid staked BTC built on top of Babylon. Pendies will be able to earn the highest multipliers for each of the BTCfi layer - 4x PumpBTC Points, 3x Corn Kernels, 1x Babylon

For YT-pumpBTC buyers, there's even a limited time event for you to snag a share of $1,000 prize. For more info, refer to the post below ๐Ÿ‘‡๐Ÿป

Like and RT: https://x.com/pendle_fi/status/1839298202127970648
Ethena's announcement of Blackrock, RWA-backed stablecoin UStb has driven up massive interests in YT-sUSDe 25 MAR 2025.

๐Ÿ”นFixed APY up to 13.25%
๐Ÿ”นLP APY up to 29.5%

Link - https://x.com/PendleIntern/status/1839543461508464997
GM @everyone, today we're taking BTCfi beyond Ethereum with Solv ๐Ÿ”ฅ

SolvBTC.BBN (27 Mar 2025) on BNB Chain

With this, we'll be bringing new yield opportunities to BNB Chain - Fixed APY for BTC, YT leveraged exposure to points, exciting integrations... the whole Pendle/Pencosystem package ๐Ÿ˜‰

Reminder that vePENDLE voting is already live so be sure to show some love for our new BTC pool there!

Like and RT: https://x.com/pendle_fi/status/1841100675973071070
Wake up peeps it's RWA week on Pendle, with some exciting new additions to our lineup!!!

First one to be added: Sky Token Rewards USDS (27 Mar 2025)

With this, Pendies could trade and speculate RWA-linked yields, specifically $SKY rewards in this case (8.5% currently).

vePENDLE voting is live so be sure you reach for the Sky at https://app.pendle.finance/vependle/vote

More to come soon!

For more info, refer to: https://x.com/pendle_fi/status/1843637481838916103
RWA season on Pendle continues with another new addition - syrupUSDC (30 Jan 2025)

With this, Pendies will have direct access to Maple Finance's institutional yield + earn 3x Drips (with zero lockup) right from the get-go ๐Ÿฅž

vePENDLE voting is live so be sure to update your votes at https://app.pendle.finance/vependle/vote. More to come soon!

Like and RT: https://x.com/pendle_fi/status/1846190331970441648
GM Pendiddlers, it's a packed, packed week full of RWA + BTCfi launches, with our newest addition being - Sky's sUSDS (27 Mar 2025) โ›…๏ธ

Other new pools include:

- mPENDLE (26 Dec 2024)
- USD0++ (27 Mar 2025)
- Corn eBTC (27 Mar 2025)
- pumpBTC (27 Mar 205)

All of which will be announced publicly on X later this week.

vePENDLE is already live for all of these so be sure to update your votes at https://app.pendle.finance/vependle/vote

Like and RT: https://x.com/pendle_fi/status/1846536458297086198
Some pretty attractive stablecoin yields up for grabs, especially when you're in the market for short-term maturity Fixed Yield:

๐Ÿ”น PT-USD0++ | 22.65% Fixed APY | 13 days to maturity
๐Ÿ”น PT-sUSDe | 15.24% Fixed APY | 6 days to maturity
๐Ÿ”น PTsUSDe | 16.19% Fixed APY | 160 days to maturity
YT-syrupUSDC is trading at ~13.15% Implied APY.

Taking into account SYRUP, the actually Underlying APY is closer to ~21%, possibly more since Pendle is earning Drips at the maximum 3x multiplier.

Assuming 21% APY,

Long yield APY = ~370%
ROI = 55%

For more info, you can refer to Internโ€™s thread here https://x.com/pendleintern/status/1847110931186409921?s=46&t=FieW0CeKdjAlKll4NAwPig
GM everyone, Dolomite's dUSDC (26 June 2025) and dWBTC (26 June 2025) are LIVE!

Demand for dUSDC in particular has been on the rise, with Deposit APY surging as high as ~22% APY, which you can now enjoy on Pendle alongside 3x Dolomite Minerals.

P.S vePENDLE voting is already live for both pools so be sure to update your votes for the week!

Like and RT: https://x.com/pendle_fi/status/1851442370585465123
Why hello again, everyone ๐Ÿ‘ป

Some more new, never-before-seen markets on Pendle today:

1) Aave stkGHO (25 April 2025) on Ethereum
2) Mantle cmETH (13 Feb 2025) on Mantle - to be announced publicly tomorrow

stkGHO has been one of the best performing stablecoins in terms of yield, with APYs reaching as high as 20-30% in the past 3 months. And now on Pendle, the yield possibilities, potential expand ๐ŸŒŒ

vePENDLE voting is live for both stkGHO and cmETH so be sure to cast + update your votes accordingly

LFGHOOO: https://x.com/pendle_fi/status/1851611287605919939
PT-USDS (Sky Rewards) is now at ~7.895% Fixed APY.

So far, Underlying APY has maintained above Implied APY (which means YTs have been winning) but for PTs, here's an opportunity to:

1. Lock in a higher Fixed APY than 6.5% in Sky Savings Rate
2. Earn yield in pure USDS, just like Sky Savings Rate
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A very GM Pendies ๐Ÿ“ˆ

In the theme of Election Day, here are the new vePENDLE candidates for the week:

1. rsETH (26 June 2025) on Ethereum (to be announced later in the week)
2. rsETH (26 June 2025) on Arbitrum (to be announced later in the week)
3. spSILO (25 March 2025) on Arbitrum

With spSILO, Pendies can now trade, speculate and gain exposure to Silo's revenue, which is being distributed to spSILO at a floor of $100k/month in $ETH.

Every vote counts so be sure to do your part at https://app.pendle.finance/vependle/vote #MakeETHGreatAgain

Like and RT: https://x.com/pendle_fi/status/1854147007625240803
Cap for sENA has been increased to 200M sENA due to popular demand.

$ENA price has been on a rise and with a potential fee switch on the horizon, interest has picked up on the asset.

๐Ÿ”น 51%-69% LP APY
๐Ÿ”น 45% Fixed APY

Link to pool: https://app.pendle.finance/trade/pools/0x487e1cef7805cf0225dec3dd0f3044fe0fb70611/zap/in?chain=ethereum
Quick FYI rsETH 26JUNE2025 (Ethereum + Arbitrum) and eETH 26JUNE2025 (Ethereum + Arbitrum) are now live ๐Ÿ”ฅ

Some exciting announcements coming to you in the following weeks, so be sure to keep your eyes peeled ๐Ÿคซ๐Ÿ

Like and RT
rsETH: https://x.com/pendle_fi/status/1854327969575281091
eETH: https://x.com/pendle_fi/status/1854507375463739698
Notional PT leverage vaults let you earn leveraged PT Fixed Yield with Fixed Borrowing APY.

No variable rates. No dependencies on utilization%.

Fixed Yield + Fixed Rate Borrowing just means you'll be getting Fixed Yield on steroids ๐Ÿ’Š

For more info, check out Intern's post at https://x.com/PendleIntern/status/1854705196141887979, or just visit Notional's app directly at https://notional.finance/leveraged-pendle/mainnet