
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
鈿狅笍 Risk warning: Trading on leverage carries significant risk. Understand the mechanics before participating.
syrupUSDC can now be looped against both USDC and USDT, via @MorphoLabs or @eulerfinance. (You can earn Drips only on Morpho though, and get rewarded $SYRUP at the end of each season - keep your loops open for longer for extra Drips).
Contango Publishes Complete Guide to PT Loop Trading
**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.
馃攧 Contango Launches Longest-Dated PT-stcUSD

**Contango launches its longest-dated instrument** featuring PT-stcUSD from Cap Money protocol. **Cap Protocol Overview:** - Offers two main products: cUSD (dollar-denominated) and stcUSD (yield-bearing) - cUSD reserves backed by blue-chip stablecoins: USDC, USDT, pyUSD, BUIDL, BENJI - stcUSD generates yield for holders **Key Details:** - New instrument now available for trading on Contango - Built on variable rate markets with leverage capabilities - Documentation available at [docs.cap.app](https://docs.cap.app/) **Risk Warning:** Leverage trading carries significant risks. Users should understand Contango's mechanics before participating. Full documentation at [docs.contango.xyz](https://docs.contango.xyz/) *Always conduct your own research before trading.*
馃攧 Resolv Labs Relaunches PT-RLP with New Expiry

**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.*
馃毃 Level Trading Pairs Delisted
**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.