Earlier today, 0xcd2 deployed ~$2M into
@apyx_fi PT-apyUSD across 8 buys at an effective fixed yield of 18.94% APY.
• Accumulated 2,034,423 PT-apyUSD in a single session
• Now the 3rd largest individual PT-apyUSD holder
• 18.94% Fixed APY for ~36 days
• $34,676 profit at maturity (1.73% ROI)
$STRC pays a floating monthly dividend of 11.5%, which in itself is already a compelling yield product.
apyUSD takes that underlying yield and lets you fix it on Pendle, locking in a rate that currently sits even higher than the floating rate.
The current implied APY is 19.3%, meaning you can enter today and outperform this whale's entry.
Pool liquidity is also decently deep, capable of absorbing a ~$37M swap at 18.88% effective fixed yield.
So yes, we can take your size (cc
@saylor)