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Pendle

Yield

A yield trading protocol that tokenizes future yield, enabling users to trade and hedge yield exposure.

Highlights

  • Tokenizes yield into principal (PT) and yield (YT) components
  • Enables fixed-rate positions and yield speculation
  • V2 AMM designed specifically for yield token trading with minimal IL

Risk Assessment

Medium Risk
Audit Status
Ackee BlockchainDedaub
Launched2021

Supported Chains

ethereumarbitrum

Links

WebsiteDocumentationTwitter

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