$AUSD is now
@monad's fastest growing stablecoin on the chain, up ~65% in 30 days to $118M - with Pendle contributing ~65% of the supply.
Native AUSD yield: 3.5%.
PT-AUSD on Pendle: 6.67% fixed.
Even at $40M swap size, it's 6.28% effective fixed APY, less than 0.1% price impact