Pendle PT Markets on Aave See Rapid Growth and Cap Increases
Pendle PT Markets on Aave See Rapid Growth and Cap Increases
🚀 Pendle Caps Gone Wild
Pendle's Principal Token (PT) markets on Aave have shown significant growth, with rapid developments in both eUSDe and sUSDe markets:
- PT-sUSDe (31 July 2025) initial $81M cap filled within minutes
- Cap quickly raised to $170M due to high demand
- PT-eUSDe cap increased from $250M to $400M
Current total value across Pendle PT markets on Aave:
- PT-eUSDe (29 May 2025): $280M
- PT-sUSDe (31 July 2025): $120M Total: $400M
Both tokens are now available as collateral on Aave
"Y'all got any more of them...PT-eUSDe cap?" Yes, yes we do. Caps raised $250M → $400M on @Aave 🫡
The first $81M cap for @ethena_labs PT-sUSDe (31 July 2025) was filled within minutes ⚡ Caps raised to $170M just then. As of now, Pendle PT on Aave totals $400M across 2 markets: • PT-eUSDe 29May2025 = $280M • PT-sUSDe 31July2025 = $120M Aave x Pendle x Ethena 🤝
August Digital Leverages Pendle for Enhanced Institutional Yield
August Digital, a DeFi Prime Brokerage managing $7B in monthly volume, is integrating Pendle's fixed yield products into their institutional offerings. Key features: - Direct access to Pendle Principal Tokens for institutions - Structured products available for USD, ETH, and BTC - OTC credit lines against Pendle PTs and LPs - Retail access through upshift.fi vaults Their unique position at the TradFi-DeFi intersection enables comprehensive yield solutions for institutional clients, while their retail arm provides composable receipt tokens for yield maximization. This integration represents a significant step in bridging traditional finance with DeFi yield opportunities.
PT-cUSDO Now Available as Collateral on Morpho and Euler
Pendle's PT-cUSDO token has expanded its utility with new collateral functionality on both Morpho Labs and Euler Finance platforms. Users can now: - Deposit PT-cUSDO as collateral - Access looping and borrowing features - Trade on multiple markets This development follows Pendle's recent expansion to Euler BNB, where PT-sUSDE was launched as collateral. **Market Links:** - [Morpho Market](https://app.morpho.org/ethereum/market/0x457b54a03c6bba984470d5687ec6df7967c0168bdc0052315713bfd287cd576c/pt-cusdo-19jun2025-usdc) - [Euler Market](https://app.euler.finance/vault/0xA2f92e2db62c13409E3B8Aa9f5660Fa2C7E909FA?network=ethereum)