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.