pendle radar all markets · 109 markets, updated 50s ago

top picks right now

PT fixed-rate arb Ethereum · apxUSD
Lock in 15.42% fixed for 35 days on apxUSD
morpho-blue lends the same underlying at 5.54%. You collect an extra 988 bps over the alternative for the same duration.
Buy PT-apxUSD on Ethereum and hold to maturity (2026-06-18). $10k locks in ~$149 by then.
fixed yield 15.42%
lending rate 5.54%
edge 988 bps
TVL $175.24M
days 35
open on Pendle ↗
YT points play Ethereum · sENA
Long the points + ethena narrative via sENA YT for 133 days
The market prices a 11.96% premium above the 0.00% native yield. That gap is what the market is paying for the points or airdrop value.
Buy YT-sENA on Ethereum. Bet: actual points value exceeds 11.96% over 133 days. If it doesn't, you lose the YT cost.
implied premium 11.96%
days runway 133
TVL $7.69M
tags points, others, ethena
open on Pendle ↗
LP yield Ethereum · jrUSDat
jrUSDat LP pays 35.48% blended APY (new pool)
15.94% of that is PENDLE incentives. Real underlying yield is 19.09%. Incentives can be cut at any vePENDLE vote.
Provide PT+SY liquidity on Ethereum. With vePENDLE the max APY climbs to 59.40%.
blended APY 35.48%
PENDLE incentives 15.94%
swap fees 1.99%
TVL $1.54M
vePENDLE boost ceiling 59.40%
open on Pendle ↗
Near-expiry lockup Ethereum · asdCRV
asdCRV PT: $316 per $10k in 42 days
Annualized 27.29% but the holding period is short, so rate risk is limited. You just need PT to redeem 1-for-1 against the underlying at maturity.
Buy PT-asdCRV on Ethereum. Maturity 2026-06-25. Pays 3.16% absolute over the period.
annualized 27.29%
absolute return 3.16%
days to expiry 42
TVL $525.2k
open on Pendle ↗
chain
market chain expiry tvl implied lending source edge
apxUSD 35dEthereum2026-06-18$175.24M15.42% 5.54% morpho-blue 988 bps
USDe 35dPlasma2026-06-18$7.60M4.79% 1.77% aave-v3 301 bps
wstETH 42dEthereum2026-06-25$4.76M2.52% 0.51% morpho-blue 201 bps
wstETH 1.63yEthereum2027-12-30$4.10M2.38% 0.51% morpho-blue 187 bps

Implied APY = fixed yield earned by holding PT to maturity. Lending APY = best base rate found for the underlying on Aave, Morpho, Compound, Spark, Fluid, Silo, Euler, or Venus on the same chain (TVL above $100k). YT points APY = sum of points and airdrop yield items in Pendle's YT breakdown. Score = signal magnitude * log10(TVL).