Lista DAO Expands to Ethereum with Smart Lending Launch

Lista Lending has expanded its platform by adding PT-sUSDe-09APR2026 (Plasma) as collateral for borrowing three stablecoins. **New Borrowing Markets:** - PT-sUSDe/USD1: ~0.77% rate with 1.4M liquidity - PT-sUSDe/U: ~0.76% rate with 350K liquidity - PT-sUSDe/USDT: ~0.77% rate with 150K liquidity The integration follows a previous listing on HyperLend in August 2025, where PT-sUSDe by Pendle was made available for borrowing USDT0 and USDe with up to 4x leverage. **Key Considerations:** - Supplying PT-sUSDe generates yield - Market volatility may affect collateral value - Depeg risk exists [Access the markets](https://lista.org/lending/market/bsc/0x73a49d7e15386803327e0571908259b1ebd9c5638f91b90545fdda7694c8a3a2?tab=market&utm_source=x&utm_medium=promo&utm_campaign=0130)

**Holding crypto doesn't mean it has to sit idle.** Lista DAO's new educational guide breaks down the fundamentals of crypto lending for users looking to understand this DeFi mechanism. The article covers three core concepts: - **How crypto lending operates** - The basic mechanics of putting assets to work - **Lender and borrower dynamics** - Understanding both sides of the lending equation - **Key risk metrics** - Collateral requirements, loan-to-value ratios, and liquidation triggers This builds on Lista's previous educational content about DeFi borrowing, which explained overcollateralized loans and dynamic interest rates. The protocol allows users to collateralize assets like BNB, ETH, and stablecoins to borrow lisUSD, their decentralized stablecoin. [Read the full guide](https://blog.lista.org/what-is-crypto-lending-pt-1)

Lista DAO has reduced swap fees to **0.01%** for the slisBNB/BNB trading pair, aiming to improve user experience with lower costs and deeper liquidity. **Key Details:** - Fee reduced to 0.01% - Current liquidity pool: $72M - Available on [Lista swap platform](https://lista.org/swap?utm_source=x&utm_medium=promo&utm_campaign=0128&) The move builds on Lista's existing DeFi strategies, including their slisBNB/USD1 arbitrage approach that can generate up to 15%+ APY through staking, borrowing, and yield farming across multiple protocols. Lista DAO operates as a liquidity protocol on BNB Chain, offering collateralized lending and its decentralized stablecoin lisUSD.

Lista Smart Lending is highlighting a U/USDT strategy with an estimated net APY of approximately **16.8%**, with liquidity expected to arrive soon. **Key Details:** - Strategy focuses on efficient stablecoin deployment - Liquidity provision anticipated in near term - Complements existing Lista lending opportunities **Related Opportunities:** Lista's lending platform currently features: - **Lista USDT Vault**: Borrow USDT at 2.51% on PT-USDe-5FEB2026-(ETH)/USDT market to deploy capital across various strategies - **Lista USD1 Vault**: Borrow USD1 at 2.48% to participate in Re7 USD1 Vault, earning up to ~22% estimated APY These low borrowing rates enable users to unlock liquidity from collateralized assets and enhance capital efficiency across DeFi strategies. [Lista USDT Vault](https://lista.org/lending/market/bsc/0x60415e312f17baaeeb4c00d3fe8bdb24856b18e63fff372a8cc351af00d40082?tab=market) | [Lista USD1 Vault](https://lista.org/lending/market/bsc/0x997cf874bb5fddc1d4fdf29c0a2d4b3d0780cba48fa1d06c559611c064a476b0?tab=market)