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Ethena PT has integrated Aave, supporting high-yield circular lending and providing double rewards.
PANews reported on April 30 that Ethena Labs announced that users can now collateralize eUSDe May Pendle PT on Aave, and sUSDe July PT will also be launched. This move marks the first time in DeFi that billions of dollars in PT assets are incorporated into the mainstream lending market, supporting operations at an interest rate of around 4%. Users can achieve an annual percentage rate of approximately 25% with 5x leverage. Additionally, within the next month, eUSDe and USDe PT deposits will receive 2x Ethena rewards, while sUSDe PT will receive 1x rewards.