Pendle's PT Looping exits beta as fully live product
Pendle's one-click PT Looping is now fully live and out of beta, officially announced via its X account. What used to take a tedious hour of manual supplying, borrowing and swapping now takes one click in and out, with the full launch shipping alongside a batch of quality-of-life improvements to the loop dashboard and trade flow.
- Borrow out: take stables out by borrowing more against a position for extra liquidity and leverage without selling PT.
- Redeem YT on exit: exit by redeeming PT+YT back to the underlying instead of selling PT on the market, reducing price impact on larger positions.
- Cost breakdown: hovering over Est. Looping APY now annualizes price impact and the Pendle fee as "Cost," so displayed APY reflects what is earned after opening the position.
- Est. profit at maturity updates live as you earn and rates move; a gas indicator flags when gas is expensive in trade simulation; a maturity filter hides loops near expiry; and repay debt lets you deposit stables to improve health factor/LTV without buying or selling PT.
Sources
- RT @pendle_fi: PT Looping is now fully live and out of beta. What used to take a tedious hour of manual supplying, borrowing and swapping.…x.com ↗
- 7️⃣ Repay Debt Deposit stables to pay down your debt. Your health factor and LTV can now be improved without buying or selling any PT. https://t.co/GnH5nU3btz Replying to their earlier post: 6️⃣ Maturity filter The overview page has a maturity filter so you can now hide and filter out loops that are close to expiry. https://t.co/dNi29hplLSx.com ↗
- 6️⃣ Maturity filter The overview page has a maturity filter so you can now hide and filter out loops that are close to expiry. https://t.co/dNi29hplLS Replying to their earlier post: 5️⃣ Gas indicator Trade simulation now has a small gas indicator that tells you when gas is expensive. https://t.co/UvTVcwVG4nx.com ↗
- 5️⃣ Gas indicator Trade simulation now has a small gas indicator that tells you when gas is expensive. https://t.co/UvTVcwVG4n Replying to their earlier post: 4️⃣ Est. profit at maturity The dashboard now shows your est. profit at maturity. It updates live as you earn and as rates move, so you can track where a position is heading without doing the math y…x.com ↗
- 4️⃣ Est. profit at maturity The dashboard now shows your est. profit at maturity. It updates live as you earn and as rates move, so you can track where a position is heading without doing the math yourself. https://t.co/gVd7xcuVOH Replying to their earlier post: 3️⃣ Cost Breakdown Hovering over Est. Looping APY now breaks out what the loop actually costs you. Price impact and the Pendle fee are both annualised and shown as "Cost", so the APY on screen is wh…
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.
