Pendle
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.
Integrations
Falcon Miles Launch on Pendle Markets with USDF Integration
Mon 14th Jul 2025
Pendle has launched new Aave x Falcon Stable pools with significant reward structures:
- **USDf (29 Jan 2026)**
- 60x Falcon Miles for YT holders
- 60x Miles for Pendle LP (SY portion)
- **Yearn aGHO-USDf (29 Jan 2026)**
- Combines aGHO and USDf on Balancer
- Benefits include:
- aGHO supply APY
- Balancer swap fees
- BAL rewards
- 60x Falcon Miles multipliers
*Existing sUSDF YT & LP holders may be eligible for retrospective rewards.*
Additional opportunities through bribes available on StakeDAO, Penpie, and Equilibria.
New Aave x FalconStable Pools Launch on Pendle
Thu 10th Jul 2025
Pendle introduces two new pools with Aave and FalconStable integration:
- **USDf Pool (29 Jan 2026)**
- Non-yield bearing version of sUSDf
- 60x Falcon Miles for YT and Pendle LP
- **Yearn aGHO-USDf Pool (29 Jan 2026)**
- Combines aGHO and USDf on Balancer
- Benefits include:
- aGHO supply APY
- Balancer swap fees
- BAL rewards
- 60x Falcon Miles multiplier
*Watch for upcoming Aave bribes on StakeDAO, Penpie, and Equilibria*
[USDf Pool](https://app.pendle.finance/trade/pools/0xc65b7a0f8fc97e1d548860d866f4304e039ef016/zap/in?chain=ethereum)
[Yearn Pool](https://app.pendle.finance/trade/pools/0x51026ab8b54767e67f7f5543c86bf718cf00cb4c/zap/in?chain=ethereum)
Pendle LP Collateral Markets on Morpho Reach Full Utilization
Mon 7th Jul 2025
Pendle LP collateral markets on Morpho have achieved significant adoption, with all markets reaching 90% utilization or hitting their 100% minting caps. The total value of Pendle-powered collateral on Morpho has reached approximately $517M, combining both Principal Tokens (PTs) and LP positions.
Available LP collateral markets include:
- sUSDe (25 Sep 2025)
- sUSDe (31 Jul 2025)
- eUSDe (14 Aug 2025)
K3 Capital's USDT lending vault is now live on Morpho, enabling users to earn yield by providing liquidity to service Pendle LP and PT collateral demand.
