Pendle

Pendle launches sUSDD (Nov 2026) with $600k rewards scheme

The sUSDD (Nov 2026) market by @USDDecentralize is now live on Pendle, backed by up to ~$600k in $USDD incentives launched with the pool. Pendle broke down the revamped rewards scheme that scales dynamically with TVL across both PT and YT: PTs now earn rewards alongside YT, YT rewards are no longer diluted by TVL growth, and YT rewards are "uponly" — once a level (e.g. 2%) is reached, it never drops below afterward.

The reward curve adjusts with TVL to keep YT yield predictable and calculable. Phase 2 of the incentive program unlocks the next tranche of the reward pool, and early PT buyers earn additional rewards (5.28%+ extra) on top of the base structure.

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Pendle

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Pendle Earn enables you to obtain fixed yield or provide liquidity in a simple interface. Pendle Earn and Trade runs on the same set of contracts with a separate user interface to cater to different audiences.

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