PT-USDG (Oct 2026) goes live on Aave V3 X Layer
PT-USDG (Oct 2026) is live as collateral on Aave V3 on X Layer, with one-click PT Looping available via Pendle. It is a new maturity of the USDG fixed-yield market on Aave, following the earlier Sep 2026 listing on the same platform.
The listing is already driving meaningful scale on the chain: Pendle says it is now the #2 largest protocol on X Layer by TVL, less than a month after going live there, with over $40M coming from this single PT-USDG market alone. Pendle attributes the bulk of that TVL to interest in PT looping.
- Lets USDG holders keep their fixed-yield position while unlocking collateral utility on Aave.
- Pendle amplified the launch via a retweet from @Token_Logic, framing the listing as connecting fixed yield with onchain credit on X Layer.
Sources
- A bulk of this TVL stems from interest in PT looping, with @global_dollar PT-USDG (Oct 2026) already live on @Aave as collateral. Link: https://t.co/V4sS7YCBZE Replying to their earlier post: Pendle is now the #2 largest protocol on @XLayerOfficial by TVL All this in less than a month on the chain, with over $40M from just a single market 🎉 https://t.co/NqUrbdKsU7 https://t.co/0TDjkk2J2sx.com ↗
- RT @Token_Logic: PT-USDG is now live as collateral on Aave V3, connecting fixed yield with onchain credit on X Layer 👻 Holders can borrow…x.com ↗
- PT-USDG (Oct 2026) is now on @Aave V3 @XLayerOfficial! Loop it in just one-click with Pendle's PT Looping: https://t.co/Y7EE7Y39wIx.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.
