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Pendle Profile picture
@pendle_fi
Jun 8 • 10 tweets • 5 min read Twitter logo Read on Twitter
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1/ The @Rocket_Pool rETH and wstETH pools are now LIVE on Pendle...

Pendle @arbitrum🔥

With this, we're now ready to kickstart the liquidity flywheel for #LSD and #LSDfi on Arbitrum.

Deeper liquidity, faster growth, boundless possibilities await 💙 Image
2/ LSDs already exist on Arbitrum, but deeper liquidity is needed to capture the same vibrance we see on Ethereum.

With this launch, Pendle is positioned to assist in unlocking richer, stickier liquidity that can be used in other protocols in Arbitrum 🧡 Image
3/ As a liquidity provider, you can receive up to 115% APY with rETH or wstETH on Arbitrum, with minimal IL considerations.

Any liquidity supplied continues to contribute to the underlying protocol's TVL. Image
4/ On top of driving liquidity to Arbitrum, Pendle also enables more utility for these yield assets.

Holders can now tap into our yield management facilities for the speculation and trading of #LSD yields on Arbitrum, starting with rETH and wstETH. Image
5/ If you currently hold wstETH or rETH on Ethereum, bridging is just an easy 2 steps!

Visit the official Arbitrum bridge at bridge.arbitrum.io and connect your wallet. Image
6/ Select rETH or wstETH from the dropdown menu on the “From Mainnet” tab.

If you haven’t interacted with either token before you’ll need to import the contract address

rETH: 0xae78736cd615f374d3085123a210448e74fc6393
wstETH: 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 Image
7/ Select the amount you want to deposit to Arbitrum and click “Move funds to Arbitrum One”. You’ll be prompted to pay the necessary gas fees on both Ethereum and Arbitrum. Image
8/ Once your transaction confirms, you’ll see a success message followed by your rETH or wstETH balance updated on Arbitrum in your wallet.

Now, your rETH and wstETH are ready to be used on Pendle Arbitrum 🎉
9/ Liquid staking and LSDfi become more accessible in Arbitrum's low-gas environment, opening the door for more users to participate in.

We pride ourselves in Pendle's role in expanding the LSD ecosystem, and now it's time to ignite the same network effect in our Arbitrum home🔥
Do more with your LSDs with Pendle, now available on Arbitrum:
app.pendle.finance/pro/pools?chai…

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More from @pendle_fi

Pendle Profile picture
Jun 13
Since our highlight of the stETH/wstETH arbitrage yesterday, a flurry of transactions came through to quickly pounce on the "cheap" YT-wstETH on @arbitrum 👀

Although the Implied APY delta has narrowed, there's still a large gap for aspiring arbitrageurs to capitalize on...
Most notably, with just a 2.57 wstETH capital, a user is now earning yield generated by a 45.7 wstETH position through a YT purchase, essentially an ~18x leverage with no risk of liquidation.

arbiscan.io/tx/0x608e872f2…
Yields are often cyclical in nature, swinging between highs and lows much like a pendulum.

Typically, the floor and ceiling for yield are much easier to predict than price and in this case, the current underlying yield of wstETH is providing a baseline reference point. Image
Read 9 tweets
Pendle Profile picture
Jun 12
Interestingly, the Implied APY gap between stETH (2025) on @ethereum and wstETH (2025) on @arbitrum has increased 👀

Those who are keen of eyes and yield would notice that there's an arbitrage opportunity to be capitalized on here Image
Implied APY for wstETH on Arbitrum has actually decreased to 2.92% over the past few days.

Meanwhile, Underlying APY has increased to 4.2% APY, which means that YT-wstETH now is relatively cheaper than ever.

Ceteris paribus, that's 21.4% APY from longing yield (i.e. buy YT). Image
Existing YT holders on Pendle Ethereum can also sell your YT and buy the YT on Arbitrum instead, allowing you to increase the size of your long-yield exposure to staked ETH for "free"
Read 5 tweets
Pendle Profile picture
Jun 7
Things are going Swell for our newest addition to the Pendle LSD lineup - Aura swETH-bb-a-WETH pool 💦

Thanks to a recent injection of ~$3.66M, the pool liquidity has swollen up to ~$3.8M in just 5 days since its inaugural launch last Friday 🥂 Image
@swellnetworkio @AuraFinance @Balancer @auraintern The swETH pool is the first on Pendle to feature yield-bearing assets on both sides of the liquidity, perfect for those with an appetite for a yield galore:

🦪 swETH staking yield
🦪 bbaWETH lending yield
🦪 Balancer swap fees
🦪 Boosted $BAL
🦪 $AURA
🦪 Pendle swap fees
🦪… twitter.com/i/web/status/1…
@swellnetworkio @AuraFinance @Balancer @auraintern As a Pendle LP for the swETH pool, 0xc7b will also be eligible to earn precious Pearl rewards from Swell Voyage, which can be redeemable for $SWELL down the road.
Read 4 tweets
Pendle Profile picture
Jun 6
Pendle's #stETH (Dec 2027) pool

• Our new LSD pool in under 1 week
• Liquidity 'kissing $6M'
• 25.5% Boosted APY
• Maturity is 1667 days long and weighs 0 lbs Image
Turns out length does matter, ladies and gents 💦

A series of transactions gushed in over the weekend, including some rotations from LPs in the stETH (Dec 2025) pool thirsting for something longer in the newest long-dated stETH (Dec 2027) pool.
One notable contributor was 0xa83, a long time supporter of ours who's slid another ~$2M into our new stETH addition.

🔗 debank.com/profile/0xa832… Image
Read 7 tweets
Pendle Profile picture
Jun 5
Previously, we've shared how you could have profited more from buying PT-stETH vs. buying ETH on spot back in November last year🔥

Now, let's take another look at where things stand now.

Spoiler: PT-stETH outperformed significantly 👑
Quick refresher:-

1) PT is sellable anytime, just like spot
2) PT provides fixed yield, which acts as a cushion against downside risks
3) Trading PT is viable even for swing traders hunting short-term positions in place of spot Image
Back then, PT was already providing outsized returns vs. spot ETH after ~1.5 months. Today, that advantage has widened even further:

Nov 27th
PT-stETH (June pool): $1114
ETH: $1215

Today
PT: $1866.54 (+67.6%) 🔥
ETH: $1873 (+54.2%) Image
Read 6 tweets
Pendle Profile picture
Jun 2
📢A new #LSD has swung into town, and it goes by the name swETH

Welcoming the newest addition to our LSD lineup - Aura swETH-WETH!

Also excited to share that the Swell team has channeled $PENDLE incentives + bootstrapped liquidity for this new pool 🍾

app.pendle.finance/pro/pools/0x82… Image
What’s Swell?

Swell is a liquid staking protocol offering standout features:

🦪Zero fee staking
🦪Non-custodial staking
🦪Technical innovation (e.g. DVT)
🦪Secured by the best-in-class @sigp_io, @immunefi, @chainlink
🦪Carefully selected industry-leading node operators
What’s swETH?

Staked ETH with Swell is represented by swETH, a simple reward-basing LSD that will appreciate in value overtime as more staking rewards accrue.
Read 7 tweets

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