Pendle lists Axis USDx and sUSDx fixed income markets
Pendle launched USDx and sUSDx (maturity 3 Dec 2026) as fixed income markets, both originating from Axis, the institutional digital asset trading desk. USDx is Axis' over-collateralized synthetic dollar, while sUSDx is the staked vault that earns from Axis' market-neutral arbitrage strategies.
- Pendle lets holders lock a fixed yield on both assets; the sUSDx market lets users trade and speculate on the profitability of Axis' strategies, while USDx becomes a points-focused position.
- Both markets carry exclusive multipliers on Axis points, with the USDx/sUSDx listings carrying the highest multiplier announced for Axis accrual.
Sources
- RT @pendle_fi: Introducing @AxisFDN USDx and sUSDx (3 Dec 2026 maturity) Dollars from the institutional trading desk, now live as fixed in…x.com ↗
- As more institutional strategies and assets move onchain, the demand extends past the yield itself to the ability to term it, hedge it and price it, with Pendle providing the infrastructure. Glad to be allied with Axis on building this 🤝 USDx: https://t.co/YUKWZhwX7N sUSDx: https://t.co/UpgiRNctdc Replying to their earlier post: With Pendle, you can now lock in a fixed yield for both USDx and sUSDx. The sUSDx market serves as a vehicle to trade and speculate the profitability of Axis' strategies. USDx on the other hand beco…x.com ↗
- With Pendle, you can now lock in a fixed yield for both USDx and sUSDx. The sUSDx market serves as a vehicle to trade and speculate the profitability of Axis' strategies. USDx on the other hand becomes a pure points play. Both markets offer exclusive multipliers on Axis points https://t.co/gXL8EtZiaq Replying to their earlier post: What's Axis? Axis runs liquidity and market-making infrastructure for institutional digital asset trading. USDx is its over-collateralized synthetic dollar, and sUSDx is what you get by staking it -…x.com ↗
- What's Axis? Axis runs liquidity and market-making infrastructure for institutional digital asset trading. USDx is its over-collateralized synthetic dollar, and sUSDx is what you get by staking it - a vault that earns from Axis' market-neutral arb strategies. Replying to their earlier post: Introducing @AxisFDN USDx and sUSDx (3 Dec 2026 maturity) Dollars from the institutional trading desk, now live as fixed income markets on Pendle - with the highest multiplier for Axis points 👇 http…x.com ↗
- Introducing @AxisFDN USDx and sUSDx (3 Dec 2026 maturity) Dollars from the institutional trading desk, now live as fixed income markets on Pendle - with the highest multiplier for Axis points 👇 https://t.co/7wHSx1Ni1Ax.com ↗
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.
