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Pendle Intern's Notes Pendle Intern's Notes @pendlefinance · 6.76K subscribers
Post #388 2.59K
sUSDe Underlying APY = 7.48%

sUSDe (Nov 2025) Implied APY = 7.25%

sUSDe past 3 months = around 8% APY

And yes, Season 5 Ethena has been confirmed.

"While prior results are not necessarily indicative of future outcomes, YT buyers at this level (and even ~100-200bps above) have not historically realized losses"

Ladies and gentlemen, it would seem that free $ENA airdrop is now on the Pendle menu 🫡

https://x.com/PendleIntern/status/1971101467772866738
X (formerly Twitter) Pendle Intern (@PendleIntern) on X Ladies and gents, it seems free $ENA airdrops is back on the Pendle menu 🤤 Season 5 of Ethena has been confirmed. sUSDe/USDe have already started accruing S5 rewards. There's a pretty huge misp…
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