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Pendle Profile picture
@pendle_fi
May 29 • 6 tweets • 3 min read Twitter logo Read on Twitter
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Over the weekend, the stETH pools have collectively shot up to over $32M of liquidity, thanks to a series of rapid fire deposits.

The whales as it seems, are setting up camp in the #LSD pools 🐳 Image
0xa83 in particular have exclusively focused its position in LSD pools, totaling ~$4M of liquidity across the 3 stETH pools:
💧$1M in stETH (2023)
💧$1M in stETH (2024)
💧$2M in stETH (2023)

On top of that, the user also added another ~$1M into the sfrxETH pool. Image
With this, 0xa83 is now on track to earn ~$1.27M across all of its positions upon maturity. Image
Of course, 0xa83 was only one of many, with quite a few more sizable provisions cropping up over the past few days too.

Case in point for stETH (2025): Image
But why LP?

Providing liquidity on Pendle lets you make the most out of your LSD, letting you earn up to 28.8% APY with zero IL.

Essentially, you'll be getting Pendle swap fees + $PENDLE incentives as well as a partial fixed yield exposure on the underlying yield 🔥 Image
With this much free-floating LSDs about and this number projected to rise, the demand for LSDfi will only intensify further.

So are you sure your LSDs are already working as much as they could for you: app.pendle.finance/pro/pools

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More from @pendle_fi

Pendle Profile picture
May 22
Pool三 is a yield galore that lets you take Pool2 liquidity to the next level 🏇🏻

"But ser, where's the yield coming from?" you ask, worry creeping into your voice as the old warnings of users being the yield ring in your mind.

So it starts like this, once upon a time... 🧵 Image
...there lived 2 happy little tokens called $PENDLE and $ETH in the Kingdom of @arbitrum.

Both $PENDLE and $ETH were free folks, with the liberty to roam from wallet to wallet, DApp to DApp. Image
One fine day, they stumbled across the pools of @CamelotDEX, the fabled legend where tokens could come together for a greater good.

As the pair locked eyes across the Round Table, a deep, powerful bond was formed, and thus the PENDLE-ETH Camelot pool was born.
Read 10 tweets
Pendle Profile picture
May 17
There's currently a huge buffer between Implied APY (4.62%) and Underlying APY (9.6%) for sfrxETH.

If the current yield for sfrxETH holds up, that there's a rare opportunity to scoop up some cheap YT now 🧵 Image
Buying YT = Bullish Yield

If sfrxETH rewards stay above the current Implied APY of 4.62%, you're likely to profit 👇🏻 Image
Another way to look at this is "bullish frxETH adoption".

With more support and implementation of frxETH, the yield for sfrxETH will increase.
Read 5 tweets
Pendle Profile picture
May 12
Pool 三 takes liquidity to the next level, allowing LPs to stack more yield on the same assets you already have 🔥

However, the full yield potential of Pool 三 goes beyond just the sweet rewards… Image
Before we get started, we need to first understand what LPs are.

A PENDLE/ETH LP for instance is a unit of liquidity that contains 50% PENDLE + 50% ETH.

On Camelot, this asset lets you earn PENDLE and GRAIL incentives on top of the pool swap fees.
With Pool 三, you'll be earning all of these and more, totaling 333% APY at time of writing:

🔹Camelot swap fees
🔹Camelot Nitro Pool incentives (PENDLE + GRAIL)
🔹Fixed yield of the above (via PT-PENDLE-ETH)
🔹Pendle swap fees
🔹PENDLE incentives
Read 9 tweets
Pendle Profile picture
Apr 1
Picture this - a 5-year old kid sipping OJ, toes buried in the warm embrace of a white sandy beach, free from the financial worries that burden the minds of so many their age.

You’re in luck, because this can be your grand-grand-grand-grand-grand-grand-grand children 👇🏻🧵
For a grand price of FREE, you can get free $ETH and redeem it a millennium later!

But hurry up, because this special Pendeal is only available on 1 April 🤯

So why are we doing this? 👇🏻🧵
BONUS - read till the end to find out where and how to get your free ETH 👇🏻🧵
Read 12 tweets
Pendle Profile picture
Mar 31
Since its launch the ankrETH-WETH pool on Pendle has been steadily growing, contributing over 1.828 ETH or ~62% of the total liquidity in the Aura pool to date 🔥

How does this work? Any liquidity provided on Pendle is also liquidity provided to the underlying pool.
@ankrstaking team was also one of the very first protocol participants in the Pendle ecosystem.

By locking $PENDLE, teams are able to leverage up to 2.23x in voting efficiency to direct incentives.

Any value, liquidity generated goes right back to powering the flywheel
Providing liquidity to the ankrETH-WETH pool on Pendle also lets you stack incentives and rewards up to 64.3%.

As we get closer to Shanghai, volatility, activities are expected to increase, all of which translate to even higher fees for LP
Read 6 tweets
Pendle Profile picture
Mar 31
With just $10,000, a Pendle user is now earning yield from $158,957, effectively leveraging capital 159x with zero liquidation risks.

But here's the best thing, anyone can do it too 🔥
Earlier today, the Implied Yield for newly listed @StargateFinance USDT pool onArbitrum sat at ATL of 4.19%, way below the actual APY of Stargate USDT at 5.84%.

Refresher - Implied Yield is the "price" of YT. The lower it is, the cheaper YT is.

This was the point of entry.
With 10,000 $USDT, the user initiated a transaction to purchase 158,957 YT-USDT.

1 YT-USDT gives you the right to collect yield generated by 1 USDT, which means this user just bought the rights to collect yield generated by a $158,957 position.

arbiscan.io/tx/0xd08a9dfa1…
Read 11 tweets

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