Pendle's implied rates are now a live input to Aave's risk parameters: PT-AUSD-17DEC2026 on Monad is priced, and its collateral settings adjust, off the actual market — automatically and within governance-set bounds, powered by LlamaRisk. Pendle announced the integration via its official X account and linked to the live market.
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.