Pendle lists Strata's srUSDe and jrUSDe markets (Feb 2027)

Pendle has listed new srUSDe and jrUSDe markets from Strata Markets with a Feb 2027 maturity, announced via a retweet of Strata's launch post on Pendle's official X feed. Strata is now urging holders of positions that matured on 22 October 2026 to roll over into the new markets to keep their yield streak going.

• srUSDe is Strata's senior tranche, targeting a steadier fixed rate on USDe, while jrUSDe is the junior tranche providing leveraged upside to the underlying yield and acting as the insurance pool for the senior tranche.
• Pendle's standard PT/YT split turns both tranches into tradeable fixed- and variable-yield positions.
• The new maturity cycle extends Strata's yield-tranching markets on Pendle, letting Ethena yield holders rotate from the expired October 2026 markets into the new 2027 ones.