atvPTmax Delivers 11% Pure USDC Yield Through Pendle PT Strategy
atvPTmax Delivers 11% Pure USDC Yield Through Pendle PT Strategy
🔒 11% USDC yield unlocked

atvPTmax, an automated vault by aarna, has achieved ~11% annualized APY in pure USDC returns over two months, significantly outperforming traditional stablecoin lending venues.
Key Performance Metrics:
- +1.8% absolute USDC return over 2 months
- NAV progression: 1.0000 → 1.01821 with zero drawdowns
- ~80% outperformance vs stablecoin lending benchmarks (risk-adjusted)
- TVL scaled 3x ($150k → $482k) with no degradation
How It Works:
The vault deploys capital across 11 Pendle PT markets, executing 15 rebalances to manage maturity, liquidity, and position sizing. Pendle PTs (Principal Tokens) lock in fixed yields by purchasing discounted tokens that converge to par at maturity.
Technical Execution:
Powered by TARS AI agent, tvPTmax solves PT market fragmentation through:
- Real-time scanning of PT markets
- Position caps <5% pool TVL to minimize slippage
- Automated rolls on maturity triggers
- Diversification across 30-180 day tenors
The strategy addresses a critical pain point: manual PT accumulation breaks at scale due to liquidity fragmentation and execution costs that can erode 20-30% of APY.
atvPTmax consistently outperforms popular stablecoin yield venues. Currently at approximately 11% in pure USDC APY Below is a two-month performance report:
Pendle PTs let you lock in fixed USDC/ETH yields at a discounted, predictable carry that crushes variable farming when rates swing. This thread dissects PT mechanics vs. variable exposure, backed by Q4 2024/2025 examples from PT-weETH, PT-sUSDe, and PT-rsETH. 1/ PT Mechanics:
Pendle PTs deliver one of DeFi's cleanest fixed-yield plays on stablecoins, but liquidity fragmentation makes large-scale accumulation tough for manual strategies. Especially institutional treasuries deploying $1M+. This post examines PT market dynamics, why manuals hit walls
atvPTmax: 2-Month Performance Update atvPTmax is built to do one thing well: Turn Pendle PTs into a scalable, fixed-carry USDC strategy, without users managing sizing, rolls, or liquidity. Over the last 2 months, that design has been tested under live capital, and it held up.
Full Conversation Available with Yatsiu
A new conversation is now available to watch in full. **Key Details:** - The discussion features Yatsiu - Full video accessible online **Previous Conversations:** - Recent talks with Vivek from late January are also available - Multiple episodes released over the past week [Watch the conversation](http://unhashed.co/yatsiu) Catch up on the latest discussions and insights from industry voices.
🤔 Rethinking Digital Property Rights Beyond Institutions
**The latest alpha un# episode explores digital property rights for everyday consumers**, featuring Yat Siu from Animoca Brands in conversation with host Sri Misra. The discussion centers on **John Locke's classical property theory** - traditionally focused on physical labor and "the work of our hands" - and how it applies to today's digital economy. **Key points:** - Modern economy increasingly built on intellectual property and creative work - Digital labor and creator contributions need proper recognition - Property rights framework should extend beyond institutional players to individual consumers The conversation examines how **digital property rights, copyright, and IP function in the open metaverse**, particularly as AI creates new forms of value without physical form. This builds on ongoing discussions about ensuring creators and consumers have meaningful ownership in digital spaces, not just corporations and institutions.
🛠️ Gmaarna Team Enters Buildathon Mode

The Gmaarna team has officially assembled and entered buildathon mode, bringing high energy and deep curiosity to their development process. **Key Highlights:** - Team focused on first-principles approach to building - Buildathon represents intensive development phase - Follows broader industry trend of supporting builders beyond traditional hackathons **Context:** This announcement comes after recent discussions about the need for more comprehensive builder support in web3. Industry leaders have emphasized that developers require real pathways to ship, scale, and transition into founder roles - not just one-off hackathon experiences. The Gmaarna team's approach aligns with this philosophy, focusing on sustained development rather than short-term events.
Why Only 10% of Crypto Users Are Actually On-Chain
**The On-Chain Adoption Problem** A new episode of *alpha un#* reveals a striking reality: **less than 10% of crypto participants are actually using on-chain applications**. **Key Barriers to Adoption:** - DeFi protocols are too complex and risky for mainstream users - Over-collateralization requirements (often 150%+) lock out most potential participants - Current systems favor degens over everyday users **The Proposed Solution:** Host Sri discusses how **on-chain credit with lower collateral requirements** could unlock mass adoption. By reducing the capital efficiency barriers, billions of users could potentially access DeFi services. The episode features insights from **Yat Siu of Animoca Brands**, exploring practical pathways to make blockchain technology accessible beyond the current crypto-native audience. This conversation builds on previous discussions about institutional adoption challenges and the role of privacy-preserving technologies in bridging traditional finance with public blockchains.
Agentic Onchain Treasury Aims to Simplify DeFi Capital Management
**aarna is developing Agentic Onchain Treasury (AOT)**, a system designed to streamline DeFi asset management by consolidating fragmented workflows into a single treasury layer. **Key features:** - Automated capital allocation across stable yield, fixed income, and risk assets - Powered by TARS agents that analyze markets, rebalance positions, and enforce risk constraints onchain - Non-custodial with transparent, verifiable execution logic - Real-time risk monitoring with automated de-risking when thresholds are breached The platform offers tokenized vaults supporting fixed-yield strategies and DeFi indices, minted via stablecoins. Unlike traditional vaults, AOT uses policy-defined limits and protocol-level safety controls including allocation bands, slippage checks, and multisig-gated execution. The system targets both retail users seeking simplified DeFi access and institutions requiring governed, policy-based capital management. Learn more: [aarna docs](https://docs.aarna.ai/)