The collaboration between Pendle and @Morpho continues to achieve remarkable success. Right now, the Pendle Ecosystem USDC vault is consistently setting fresh records, having recently exceeded a Total Value Locked of $75M.
This significant milestone places the project firmly within the top 8 largest vaults across the Ethereum network, where it proudly provides the highest base APY among that entire leading group. Because all deposits are routed directly into PT markets, the ongoing expansion of the vault directly translates to much deeper USDC borrow liquidity for PT loopers.
This significant milestone places the project firmly within the top 8 largest vaults across the Ethereum network, where it proudly provides the highest base APY among that entire leading group. Because all deposits are routed directly into PT markets, the ongoing expansion of the vault directly translates to much deeper USDC borrow liquidity for PT loopers.
