🔄 Contango Launches Longest-Dated PT-stcUSD

**Contango releases comprehensive PT trading guide** covering leveraged Principal Token strategies on Pendle. **Key trading considerations:** - Research underlying assets thoroughly before trading - Choose quote assets carefully to minimize market impact - Longer maturities generally safer than short-term trades - Exit early if unable to handle volatile markets at maturity **Critical risks highlighted:** - MEV attacks without protection can cause significant losses - Oracle type affects liquidation risk - avoid market rate feeds - YT speculation can drive PT prices down, affecting returns **Technical mechanics explained:** - PT loops combine fixed yield lending with variable rate borrowing - Profit = PT yield minus borrowing costs, minus fees and slippage - Positions must be manually closed after expiry to avoid ongoing costs Guide emphasizes education over speculation, warning that **uneducated PT trading often results in losses**. Contango automates complex looping strategies but traders must understand all variables affecting their positions.

**syrupUSDC looping is now live** against both USDC and USDT through Morpho Labs and Euler Finance. **Key details:** - Earn **Drips rewards** only on Morpho positions - Get **$SYRUP tokens** at season end - Keep loops open longer for **extra Drips** **Current rates:** - Borrow rates: 2-3% - Underlying syrupUSDC yield: 7-8% + Drips - Initial capacity: 20M ⚠️ **Risk warning:** Trading on leverage carries significant risk. Understand the mechanics before participating. [Learn more about Contango](https://docs.contango.xyz/)

**Resolv Labs** has relaunched PT-RLP with a new expiry date, continuing their innovative approach to stablecoin risk management. **The USR/RLP System:** - **USR**: Overcollateralized stablecoin backed by ETH and stETH - Uses short futures positions to hedge price movements - **RLP**: Liquidity pool token that absorbs market risks - RLP holders receive higher profit shares in exchange for risk exposure **Key Features:** - True delta-neutral strategy eliminates market exposure - RLP price represents ETH backing value per token - Risk Premium rewards distributed to RLP holders **Important Warnings:** - Complex multi-layered product requiring full understanding - Trading on leverage carries significant risks - Not financial advice Read the full documentation at [Resolv's litepaper](https://docs.resolv.xyz/litepaper) before trading. *Understand the mechanics before participating in these sophisticated DeFi instruments.*

**Level-related trading pairs have been delisted** from the exchange as of September 30, 2025. **Key points for traders:** - Positions can still be closed despite delisting - **Liquidity is shrinking** on underlying markets - High market impact expected when trading This follows a pattern of delistings, with over 20 trading pairs removed in late 2023 for failing to meet listing criteria. **Traders should act carefully** when closing positions due to reduced liquidity conditions.