AavePendle's PT-AUSD market goes live on Aave V3 Monad
Aave V3 on Monad has listed PT-AUSD-17DEC2026 — a Pendle principal token backed by Agora's AUSD stablecoin and maturing Dec 17, 2026 — as collateral. Borrowers can take stablecoin loans at up to 93% LTV via the token's stablecoin eMode category, and the initial 30 million-token supply cap quickly filled.
LlamaRisk runs the market's risk management at scale: two predeployed risk agents on Aave's AgentHub automatically maintain the discount rate and eMode risk parameters from the LlamaRisk PT Risk Oracle, within defined bounds. The listing follows approval of the underlying risk-oracle payload and mirrors LlamaRisk's dynamic-parameter setup for its PT market on Plasma.
Aave
We built Aave Protocol, an open source and non-custodial liquidity protocol and the Aave app, a web interface for users to interact directly with the protocol.
