Pendle Profile picture
Liberating Yield | Discord: https://t.co/5H8gUMvtPs | Telegram: https://t.co/c77ig0GeQC
Jerome Ku Profile picture Sean Senthilnathan Profile picture 2 subscribed
Jan 25 7 tweets 3 min read
Introducing Pendle LRT's newest addition - rsETH by @KelpDAO 🚄

With this, you'll finally be able to start racking up Kelp Miles faster than anyone else, while earning great yields and rewards from Pendle at the same time. 🚀 Liquid restaking with rsETH earns you Kelp Miles and @EigenLayer Points on top of the usual yields.

rsETH on Pendle earns Kelp Miles at a bonus 3x rate for the 1st month.

For YT-rsETH, this potentially means some serious boost for your Miles, more than what we've seen in eETH: Image
Oct 10, 2023 8 tweets 3 min read
Education is the passport to the future, and this is even more true for Pendle and yield-trading.

Starting today, you'll be able to embark on a journey of self-improvement to master the art of yield-trading, conquering yields like never before.

Introducing Pendle Academy 🎓 Image The Academy is a comprehensive, one-stop-shop for all of Pendle's yield trading secrets.

Whether you're an absolute Beginner who's just starting out, an intermediate journeyman or an expert yield trading guru - there's a path tailored just for you 🛣️ Image
Jul 21, 2023 12 tweets 4 min read
The GREATEST trade of all time on Pendle?!

0xfab just smashed the ETH staking yield of all staking yields, and is now on track to earn a whopping 88% APY.

For context, the current staking yield on Lido is only 4.06% APY, making this a 22x outsized return.

How? Pendle YT 🌈 Image For those of you who missed the previous "best yield trade of all time", you can check out the thread below.

But that's old news now.

And unless you're getting >88% APY from ETH #LST, the king is dead, long live the king 👑
Jul 18, 2023 6 tweets 2 min read
Introducing Pendle Earn Let’s face it, DeFi fixed-rates and yields haven’t been the easiest to understand.

With Pendle Earn, we set out to change this, making simple yet powerful deposits accessible to everyone. Similar functionality to centralized products, yet fully on-chain.
Jul 11, 2023 9 tweets 4 min read
Is this the best yield trade of all time?

With a capital of just $10.4k, a Pendle user is now earning yield from $327k 🔥

That's ~32x of leveraged capital (the highest we've ever seen 👀) with NO liquidation risks.

Here's the thing - it's easy, and anyone can do it too Before we dive into this superstar trade, if you're not familiar with the concept of yield trading yet, here's a quick and simple overview of what it is:
Jul 10, 2023 15 tweets 5 min read
Ahh the good o' days of #DeFi summer, back when 6-digit yields were the norm ☀️

How sweet it would have been to lock in these ultra-high, fleeting yields...

With Pendle, you can finally fell the beast of volatility and shield your precious yield in the safe embrace of PT. First, a refresher - what's PT?

On Pendle, yield from yield-bearing tokens like stETH is separated.

So imagine now that stETH without all of the future yield that it'll generate, stETH (i.e. the principal) should be cheaper now, right?
Jul 6, 2023 20 tweets 8 min read
wBETH is now available on Pendle!

At 92.6% APY, this is one of the highest returns you can get for Liquid Staked Tokens (LST) across the whole crypto ecosystem.

But for someone relatively new to #DeFi, how do you even get started?

We got you covered 🧵 Liquid staking has been the fastest growing sector in DeFi.

#LST like wBETH for instance lets you accrue all the rewards from staking Ethereum, and at the same time maintain the ability to deploy it as liquidity to earn even more yield on top.
Jun 21, 2023 19 tweets 6 min read
GLP yield has been the talk of crypto town today, with Pendle yield traders hauling big yields from YT-GLP 🫐

But before you mosey right in there with FOMO as your compass fellow apes, here's a quick guide to get you attuned to the magic of yield trading 🪄 First, the very basics for those new to the world of yield trading (and also a warm welcome 💙)

Yield Token (YT) gives you the right to collect all the yield generated by the underlying yield-bearing asset, up until the maturity.
Jun 13, 2023 9 tweets 4 min read
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…
Jun 12, 2023 5 tweets 2 min read
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
Jun 8, 2023 10 tweets 5 min read
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
Jun 7, 2023 4 tweets 4 min read
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…
Jun 6, 2023 7 tweets 3 min read
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.
Jun 5, 2023 6 tweets 2 min read
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
Jun 2, 2023 7 tweets 3 min read
📢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
May 29, 2023 6 tweets 3 min read
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
May 22, 2023 10 tweets 4 min read
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
May 17, 2023 5 tweets 2 min read
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
May 12, 2023 9 tweets 3 min read
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.
Apr 1, 2023 12 tweets 3 min read
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? 👇🏻🧵
Mar 31, 2023 6 tweets 3 min read
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