ethan(@ethan_r13n):The sBOLD YT market on Pendle is pricing yield at 3.49%, 55% below sBOLD’s 7.76% trailing 30-day APY. This is due to a large PT buy on the new market pushing implied APY from 5.50% to 3.49%. sBOLD’s yield: 75% of interest from overcollateralized WETH, wstETH and rETH loans, plus liquidation gains. Borrow rates currently ~ 4.52% and rising further supporting sBOLD yields. Pendle liquidity is still thin and only supports small buys.

2026.08.07 16:27

The sBOLD YT market on Pendle is pricing yield at 3.49%, 55% below sBOLD’s 7.76% trailing 30-day APY. This is due to a large PT buy on the new market pushing implied APY from 5.50% to 3.49%. sBOLD’s yield: 75% of interest from overcollateralized WETH, wstETH and rETH loans, plus liquidation gains. Borrow rates currently ~ 4.52% and rising further supporting sBOLD yields. Pendle liquidity is still thin and only supports small buys.