Pendle Intern's Notes

We've just published the first Pendle Priority Report! A quarterly briefing prepared exclusively for Pendle's Priority clients.

Priority membership is automatically extended to anyone with over $1M deployed on Pendle. You can set up your Priority access and read the report at https://app.pendle.finance/vip/board

For more info: https://x.com/pendle_fi/status/2039340444577067145

Limit Order (LO) Incentives in the pilot phase has been a huge success and with that, we're finally ready to roll out in full to EVERY pool.

LO Incentives are also fully integrated into AIM, so reward allocation now happens automatically and optimally without any manual intervention.

More info at https://x.com/pendle_fi/status/2039256743533019251

Link to Docs: https://docs.pendle.finance/pendle-v2/ProtocolMechanics/Mechanisms/Incentives

31% FIXED APR delta-neutral trade feat. Crude Oil.

Only possible with Boros.

Check it out: https://x.com/boros_fi/status/2039215123789979739

Time to start trading Nasdaq on Boros… our XYZ100 funding rate market is live!

With this market, you can:
🔹 Lock in fixed funding for any $XYZ100 perp positions you have on Hyperliquid
🔹Capture funding rate dislocations for huge settlement payouts over weekend volatility
🔹Trade the funding rate of the US stock market on Boros

P.S. we’re also launching NEW September 26 maturities for ETH on Binance and Hyperliquid

Like and RT: https://x.com/boros_fi/status/2039168407535517771?s=20

How's YT-USDG looking?

The numbers may surprise you...

https://x.com/PendleIntern/status/2038517301117673738

HAPPY FRIYAY PENDIES AND GOOD NEWS!!!! THE BEST!!!!

We've made Pendle V2 fully AI compatible

MCP server, Skills, AI readable docs...The whole shebang

Everything Pendle has to offer is now just a prompt away.

Go ahead and vibe-yield-trade now: https://x.com/pendle_fi/status/2037364071927034001

For the Pendies who own OneKey, our lives just got significantly easier and better.

Pendle PTs, straight from the comforts of your OneKey App 💙

https://x.com/OneKeyHQ/status/2037089697147871690

America: Late-stage empire collapsing from Orange Man antics, or still the world's superpower? 🇺🇸 Now you can put a number on it...

Start trading S&P 500 funding rates on Boros today!

This S&P market marks another step forward for Boros to bringing funding rate swaps onchain.

Even in the bear market, we’re not slowing down - we’re pushing forward with new listings, new markets, and igniting the rate market with Boros.

Like and RT: https://x.com/boros_fi/status/2036631606010708012

New Strata x Ethena pools (June maturity) are now live, just in time for the folks looking to rollover from the soon-to-mature 2 Apr pools 😉

- srUSDe (25 Jun 2026)
- jrUSDe (25 Jun 2026)

Like and RT: https://x.com/pendle_fi/status/2036426643254943814

You can now perform a $150M market buy of PT-srUSDe, taking only -0.01% price impact.

4.31% Effective Fixed APY.

The kind of size that would typically require OTC desks and days of coordination, Pendle is now providing for you in just a snap ⚡️

Fixed yield at institutional scale, instantly BABY.

https://x.com/pendle_fi/status/2034541646428381564

Here's how you can get 900% APY:

https://x.com/pendle_fi/status/2034468577110286595

Pendle is now omnichain ⚡️

Swap any tokens to any PT, from any chain, to any chain.

All of these with just ONE click, in ONE transaction.

https://x.com/pendle_fi/status/2034279650307006839

It’s done.

Liquidity for borrowing so you could finally loop PT-USDG to your heart’s content.

24% APY up for grabs: https://x.com/pendleintern/status/2034198897980322193?s=46

A pretty simple but extremely handy update:

You can now scan and access the best PT looping opportunities at just a glance.

https://x.com/pendle_fi/status/2033745842230964396

Question for you on this wonderful Sunday - if you're holding USDG and you're somehow not on Pendle, WTF are you doing with your life?

https://x.com/pendle_fi/status/2033086035908026772

The gift that keeps giving.

Paxos PT-USDG now live as collateral on Morpho

>20% APY 🔓

https://x.com/pendle_fi/status/2032114689812152359?s=46

Woohooo DOUBLE points for apxUSD now 🫡

YT: 16x → 32x
LP: 12x → 24x

Like and RT: https://x.com/pendle_fi/status/2032050217760276676?s=46

P.S. This probably made YT-USDG imba.

> Place LO to earn 100% APR
> Or worst case scenario, it gets filled you start earning 2,700% Long Yield APY

🤷🏻‍♂️

NFA: https://x.com/PendleIntern/status/2031892155728609551

Limit Order Incentives (Pilot Phase) are now live!

Place LOs (don't even have to be filled) in select markets to start earning PENDLE rewards.

Fun fact - YT's built-in-leverage means you can earn rewards off some big, magnified notional sizes from YT LOs... across MULTIPLE markets all at once :eyes:

More info: https://x.com/pendle_fi/status/2031758674872746419

Is YT-USDG a good idea?

Based on Intern's very rough calculations, that seems to be the case but hey NFA and DYOR.

Like and RT: https://x.com/PendleIntern/status/2031567853703618750?s=20