yUTY yield goes tradable on Pendle and loopable on Euler
YieldPoint Capital's yUTY is now tradable on Pendle and loopable on Euler Finance, on Base, per a post Pendle amplified from @YieldPointCap. Pendle's new market opens the next 11 weeks at a fixed rate that was cut off in the announcement, giving holders a way to trade or lock the token's yield for that window.
- The listing adds yUTY to Pendle's Base markets with the usual PT/YT split, while the Euler side makes the positions usable as collateral for looping.
- Specific maturity and rate figures beyond the 11-week window were not fully disclosed in the post.
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.
